At a Glance
- Tasks: Manage payments, settlements, and reconciliations in a fast-paced environment.
- Company: Join a dynamic small department focused on back office operations.
- Benefits: Enjoy a collaborative team atmosphere with opportunities for growth.
- Why this job: Perfect for multi-taskers who thrive under pressure and want to make an impact.
- Qualifications: Good Excel skills and basic accounts knowledge required.
- Other info: Ideal for those looking to develop their finance and operations expertise.
The predicted salary is between 36000 - 60000 £ per year.
Back Office Operations Manager role combining settlements, payments, reconciliations. Looking for a multi-tasker, able to prioritise work, accurately and efficiently. A fast-paced small department requires the ability to work within a team but also with own job responsibilities. Excel (good knowledge), Accounts knowledge Job Role: • Check and maintain client and company accounts • Check funds coming in from clients • Set up payment sheets and make payments to the broker • Ensure source of funds have been approved by compliance • Chase for funds not received from the client and keep track of debts • Reconcile client and company accounts on Xero and spreadsheets • Update and maintain the Margin Report, Unpaid Monies Report and Open Case Report • Check source of funds have been approved by compliance • Authorise payments • Obtaining copies of SWIFT messages for both incoming and outgoing payments • Keeping a log of funds transferred between companies • Control and reconciliation • Ensure any 3rd party payments have been approved by Compliance • Setting up & making payments to the Client • Updating Xero & in-house platform • Chasing for client payment details and adding them to the in-house platform • Check that 3rd party payments have been approved by compliance …
Operations Manager -Payments, Settlements and Reconciliations employer: Required IT
Contact Detail:
Required IT Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Manager -Payments, Settlements and Reconciliations
✨Tip Number 1
Familiarize yourself with the specific software and tools mentioned in the job description, especially Xero and Excel. Being able to demonstrate your proficiency in these programs during the interview will set you apart from other candidates.
✨Tip Number 2
Highlight any previous experience you have in back office operations, particularly in payments and reconciliations. Be ready to discuss specific examples of how you've successfully managed similar responsibilities in past roles.
✨Tip Number 3
Showcase your ability to multitask and prioritize effectively. Prepare to share instances where you successfully handled multiple tasks under tight deadlines, as this is crucial for a fast-paced environment like ours.
✨Tip Number 4
Research compliance regulations related to payments and settlements. Understanding these regulations will not only help you in the role but also demonstrate your commitment to maintaining high standards in financial operations.
We think you need these skills to ace Operations Manager -Payments, Settlements and Reconciliations
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your experience in back office operations, particularly in payments, settlements, and reconciliations. Use specific examples that demonstrate your ability to manage client and company accounts effectively.
Showcase Excel Skills: Since good knowledge of Excel is required, mention any relevant projects or tasks where you utilized Excel for data management, reporting, or reconciliation. Consider including specific functions or tools you are proficient in.
Demonstrate Multi-tasking Abilities: The role requires a multi-tasker who can prioritize work efficiently. Provide examples from your previous roles where you successfully managed multiple responsibilities and met deadlines in a fast-paced environment.
Tailor Your Application: Customize your CV and cover letter to reflect the specific requirements mentioned in the job description. Use keywords from the job listing to ensure your application aligns with what the company is looking for.
How to prepare for a job interview at Required IT
✨Show Your Multi-Tasking Skills
In this role, being a multi-tasker is crucial. Be prepared to discuss specific examples from your past experiences where you successfully managed multiple tasks simultaneously, especially in a fast-paced environment.
✨Demonstrate Your Excel Proficiency
Since good knowledge of Excel is required, make sure to highlight your experience with it. You might even want to mention specific functions or tools you've used that are relevant to the job, such as pivot tables or VLOOKUP.
✨Understand Compliance Requirements
Familiarize yourself with compliance processes related to payments and funds. Be ready to explain how you have ensured compliance in previous roles, particularly regarding source of funds and third-party payments.
✨Prepare for Team Dynamics
This position requires teamwork as well as individual responsibility. Think about how you can contribute to a team while managing your own tasks, and be ready to share examples of successful collaboration in your past roles.