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- Tasks: Join us as a Reconciliation Accountant, handling bank reconciliations and processing payments.
- Company: We're a dynamic company based in Hatfield, offering a hybrid work environment.
- Benefits: Earn £15-£16 an hour with flexible working options and valuable experience.
- Why this job: This role offers hands-on experience in finance and the chance to make a real impact.
- Qualifications: Experience in bank reconciliations and strong Excel skills are essential.
- Other info: This is a 3-month contract with an ASAP start date!
Reconciliation Accountant - 3 month contract
£15-£16 an hour
Hatfield - Hybrid
Start ASAP!
Key Responsibilities:
- Perform timely reconciliation of various group bank accounts throughout the month and at month-end.
- Process BACS payments, ensuring correct allocation of funds and accurate recording in both the underwriting and accounting systems.
- Address queries from external and internal clients effectively, resolving them promptly and professionally, and escalating issues when necessary for timely resolution.
- Maintain assigned debtor accounts to accurately reflect the company's assets.
- Follow procedures to ensure accurate and timely processing of all receipts.
- Support the provision of regular management reports to assess the company's cash and debtor position and identify potential issues.
- Responsible for posting bank receipts in a timely manner.
- Oversee the refunding of overpayments.
- Investigate and respond to cash-related queries raised by the Finance or other departments, including monitoring the accounts assistants' inbox.
- Complete office bank reconciliations, post all GL entries, and maintain up-to-date records for management review.
- Regularly reconcile outstanding premium income relating to panel clients and related intermediaries.
- Assist with cash flow management by collecting outstanding payments and arranging related transactions.
- Support the accurate processing of all receipts to the appropriate ledger accounts.
- Reconcile income and outstanding items to cash receipts and credit balances, ensuring data is accurate, up-to-date, and complies with all regulatory and legal requirements.
Skills:
- Experience in bank and cash reconciliations
- Strong communication skills
- Excellent organisational skills
- Proficient in IT, particularly Excel, with a solid understanding of VLOOKUPs and pivot tables
Reconciliation Accountant - 3 months employer: Investigo Limited
Contact Detail:
Investigo Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reconciliation Accountant - 3 months
✨Tip Number 1
Familiarise yourself with common reconciliation processes and terminology. Understanding the nuances of bank reconciliations will help you speak confidently about your experience during any interviews.
✨Tip Number 2
Brush up on your Excel skills, especially VLOOKUPs and pivot tables. Being able to demonstrate your proficiency in these areas can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss how you've effectively resolved queries in past roles. Highlighting your communication skills and problem-solving abilities will show that you're capable of handling client interactions professionally.
✨Tip Number 4
Research StudySmarter and our values. Tailoring your conversation to align with our mission can make a positive impression and demonstrate your genuine interest in joining our team.
We think you need these skills to ace Reconciliation Accountant - 3 months
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in bank and cash reconciliations. Use specific examples that demonstrate your strong communication skills and proficiency in Excel, particularly with VLOOKUPs and pivot tables.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities outlined in the job description. Explain how your previous experiences have prepared you for tasks like processing BACS payments and maintaining debtor accounts.
Highlight Relevant Skills: In your application, emphasise your organisational skills and ability to resolve queries effectively. Mention any experience you have with management reports or cash flow management to show you understand the role's requirements.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Reconciliation Accountant.
How to prepare for a job interview at Investigo Limited
✨Showcase Your Reconciliation Skills
Be prepared to discuss your experience with bank and cash reconciliations. Highlight specific examples where you successfully managed complex reconciliations, as this will demonstrate your capability for the role.
✨Demonstrate Strong Communication Abilities
Since the role involves addressing queries from clients, practice articulating how you've effectively communicated in previous positions. Use examples that showcase your ability to resolve issues promptly and professionally.
✨Familiarise Yourself with Excel Functions
Brush up on your Excel skills, particularly VLOOKUPs and pivot tables. Be ready to explain how you've used these functions in past roles to manage data and improve efficiency.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you had to investigate cash-related queries or manage outstanding payments, and be ready to explain your thought process and actions.
