Job Description
An 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 service
- Monitor 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 EndReconciliation.
- Maintain regular contact plan for client communication and be available for client queries
- Undertake monthly portfolio risk review of ledgers and provide detailed analysis of results to senior management
Knowledge/Experience
- Proven track record of Invoice Finance Reconciliations
- Experience of the risks and issues that can be found in the reconciliation process
- Thorough knowledge of all operational processes
- Confidence to make decisions that may positively/negatively affect clients funding levels
- Knowledge of client sales ledger packages (e.g. Sage) and how to obtain reports from the systems
- The 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.
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Reconciliations Officer - Manchester employer: The Abbey
At dentsu Optimisation Manchester, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our team-oriented environment encourages professional growth through continuous training and development opportunities, ensuring that every employee can thrive in their role. Located in the vibrant Bonded Warehouse, we offer unique advantages such as a dynamic workspace and access to cutting-edge resources, making it an ideal place for those seeking meaningful and rewarding employment in the field of CRO.
