Job DescriptionAn excellent opportunity has arisen for a Reconciliations Officer to join an established provider of financial services to businesses in Manchester.You will be responsible for a portfolio of Invoice Finance Reconciliations. Duties include reconciling and balancing sales ledgers and preparing month end reconciliations, new client ledger administration and managing reserves and overdue payments.Key Responsibilities;Effectively manage a portfolio of Invoice Finance customers, undertaking month end reconciliation of the ledgers and providing a consistently high level of serviceMonitor client ledger performance and report adverse trends to Relationship team.Set monthly reserves for each client, ensuring that reserves are accurate and transparent to the client.Maintain thorough records and provide necessary feedback and reporting to Head of Portfolio Management and Relationship Managers.Prioritise completion of high risk graded clients in line with the Month End Reconciliation.Maintain regular contact plan for client communication and be available for client queriesUndertake monthly portfolio risk review of ledgers and provide detailed analysis of results to senior management.Knowledge/Experience;Proven track record of Invoice Finance ReconciliationsExperience of the risks and issues that can be found in the reconciliation processThorough knowledge of all operational processesConfidence to make decisions that may positively/negatively affect clients funding levelsKnowledge of client sales ledger packages (e.g. Sage) and how to obtain reports from the systemsThe ideal candidate will be numerate, diligent and have the ability to work as a member of a team and on one’s own initiative. Experience of Sales Ledger management / bookkeeping experience would be a distinct advantage as would knowledge of the Invoice Finance industry.In return you will receive a competitive basic salary + additional benefits.
Reconciliations Officer – Manchester employer: M2 Professional Recruitment Services
Join one of the UK's fastest growing Challenger Banks as a Regional Sales Director EMEA, where you will thrive in a dynamic work culture that values innovation and collaboration. With a competitive salary of up to £90,000, a bonus scheme, and an excellent benefits package, this role offers significant opportunities for professional growth and development within a supportive environment. Located in the vibrant regions of Hampshire, Surrey, and Sussex, you'll benefit from a strong network of industry professionals, making it an ideal place for ambitious individuals looking to make a meaningful impact in the finance sector.
Contact Details:
M2 Professional Recruitment Services Recruitment Team
