Banking Operations Analyst - 12 months Fix Term Contract

The role

Monitor, delegate, and review the day-to-day activities of the Banking and PSP Analyst for both Onshore and Offshore, i.e., payments, complex reconciliations, authorize journal entries, and serve as subject matter experts for allocated banks and PSPs.

What you will do

• Payment input – First approval to check all payments that is inputted in the Bank.
• Bank accounting – Responsible for approving/checking all Journal loaded to Oracle by Banking & PSP Analyst.
• PSP reconciliations – Train Banking & PSP Analyst on new process and help resolve complicated PSP reconciliations issue i.e. matching settlements to customer deposits/withdrawals.
• PSP accounting – journal posting of fees, chargebacks, top ups/withdrawals & other items as required to Oracle. Month-end PSP accounting (fee accruals etc.) for allocated PSPs
• Month-end Activities – Posting all ASR on WD1 for Month end, link all month end reconciliations and post rec differences in Access.
• Other:
  – Support Banking & PSP manager to review and approve all Premiums before it is posted in SA and Dimension.
  – Prepare and check month-end FX revaluation entries in Oracle (cash, PSP, intercompany)
  – Produce a weekly approval schedule to the wider team weekly.
  – Oversee Banking & PSP Outsource Function; first point of contact – WNS/KINI.
  – Support Banking & PSP Manager with any new project – Oracle.
• Ensure that you adhere to the Governance, Risk & Compliance (GRC) obligations for your role.
• Identify and raise any non-compliance incidents promptly to your line manager.
• Challenge processes, policies and projects that will negatively impact compliance within the Group.
• Complete all mandatory compliance training assigned to you.
• Reach out to the Compliance Teams if unsure of any of your compliance obligations or the requirements are unclear.

How will success be measured in this role

• Bank & PSP reconciliation speed and accuracy
• Payment accuracy (should be 100%)
• Number of open/reconciling bank items at month-end
• Fee Analysis

Your experience

• 3+ years experience in finance with solid cash & bank accounting background.
• Experience in a multi-currency and multi-entity organisation.
• Intermediate Excel skills.
• Proactive and responsible attitude to workload with ability to work autonomously when required.
• Experience with account reconciliation software – Account IQ.
• Attention to detail, strong analytical skills.

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