Finance Remediation Analyst

Finance Remediation Analyst

Leeds Temporary 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our finance team to resolve legacy items and support system shutdown projects.
  • Company: The Ardonagh Group, a progressive and inclusive organisation.
  • Benefits: 26 days holiday, pension scheme, mental wellbeing support, and career progression opportunities.
  • Why this job: Make a real impact while developing your financial skills in a dynamic environment.
  • Qualifications: Strong financial skills and experience in an accounts team preferred.
  • Other info: Hybrid work model with 2 days in the Leeds office.

The predicted salary is between 36000 - 60000 £ per year.

Job Description:

Job information Finance Remediation Analyst from the Company The Ardonagh Group, this latest Finance Remediation Analyst job vacancy is located in the city Hybrid work in Leeds located in the country United Kingdom .

Job Responsibility:

Remediation Analyst – Leeds / Home Working – ARD987467

This is a 9 month fixed term contract.

Purpose of the Role

This exciting hybrid opportunity has arisen to join one of our Finance teams in Leeds to address and resolve Legacy items across a wide range of work-streams but specific to a system shut down project. You will work with other branches, insurers and finance personnel for the clearance of debtor, creditor, DTI, bank reconciliation and unallocated cash items enabling the closure of the PAS and related bank accounts.

This is a hybrid opportunity requiring 2 days per week in the office in Leeds. The first couple of weeks may require 5 days per week in the office for training.

What you will do

This is an overview and not an exhaustive list of responsibilities. Collaborating with your Line Manager, you will develop your own objectives but focus on all of the following and more.

  • Understand key processes across the IBA Operations function in order to support multiple work streams, including but not limited to:
    • Client Cash receipt and allocation (Client and Agent Level)
    • Insurer Receipts allocation
    • Insurer Settlement / Reconciliation
    • Payment Processes
    • Understanding of Bank Reconciliation
    • Direct to Insurer
    • Internal Debt
    • Credit Write Backs
    • Office Account Transfer
    • Systems Runoffs
    • Claims Reconciliations
  • Be able to work all aspects of PAS processing (as training and licenses permit).
  • Be able to understand and report back of issues found, with follow-up activities as necessary.
  • Understand the impact of any actions taken outside of BAU process and ensure communicated effectively to interested parties and stakeholders.

Who we are looking for

This is an opportunity for a talented, dynamic individual, with strong financial skills and some experience in a financial/accounts team working with different types of ledgers, ideally but not essentially in an insurance market. We are looking for someone who has:

  • Attention to detail
  • Excellent organisational skills
  • Initiative, an enquiring mind and is proactive
  • The mindset to be adaptable, embrace change and respond positively
  • Strength to work under pressure
  • Skills to build relationships and influence stakeholders, working with integrity and confidentiality.

In return you will be welcomed and supported by our Ardonagh family and be joining an organisation that cares about you as a person and your wellbeing. Some of the other benefits are:

  • Holiday entitlement of 26 days plus bank holidays
  • Opportunity to progress your career across the entire Ardonagh family
  • Pensions scheme for when you feel it\’s time to retire
  • 24-hour support for physical and mental wellbeing
  • 1 days paid volunteering day to give back to our communities
  • The Spotlight Awards, where we shine a light on the brightest talent across our group

Ardonagh Group is an equal opportunities employer, and we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.

We are a progressive, passionate and proud organisation. Therefore, we need highly capable people to join our team to make this a reality.

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Finance Remediation Analyst employer: The Ardonagh Group

The Ardonagh Group is an exceptional employer that prioritises the wellbeing and growth of its employees, offering a supportive work culture where individuals can thrive. With a generous holiday entitlement, a robust pensions scheme, and opportunities for career progression across the organisation, employees are encouraged to develop their skills while enjoying a healthy work-life balance through hybrid working arrangements in Leeds. The company fosters inclusivity and values each team member, making it a rewarding place to build a meaningful career.
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Contact Detail:

The Ardonagh Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Remediation Analyst

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance industry, especially those who might know about opportunities at The Ardonagh Group. A friendly chat can sometimes lead to a referral, which is often the golden ticket to landing that interview.

✨Tip Number 2

Prepare for the interview by researching common questions for Finance Remediation Analysts. Think about how your skills in attention to detail and organisational prowess can shine through. Practise your answers with a mate or in front of the mirror – confidence is key!

✨Tip Number 3

Show off your adaptability! During interviews, share examples of how you've embraced change in previous roles. The Ardonagh Group values a proactive mindset, so highlight times when you’ve tackled challenges head-on.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Ardonagh family. Let’s get you that job!

We think you need these skills to ace Finance Remediation Analyst

Financial Skills
Attention to Detail
Organisational Skills
Initiative
Proactivity
Adaptability
Relationship Building
Stakeholder Influence
Integrity
Confidentiality
Understanding of Bank Reconciliation
Client Cash Receipt and Allocation
Insurer Receipts Allocation
Claims Reconciliations
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Remediation Analyst role. Highlight relevant experience and skills that match the job description, especially those related to financial processes and stakeholder management.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your attention to detail and organisational skills, and how they align with the responsibilities outlined in the job description.

Showcase Your Financial Skills: In your application, don’t forget to showcase your financial skills and any experience you have with ledgers or reconciliation processes. This will help us see how you can contribute to our team right from the start.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!

How to prepare for a job interview at The Ardonagh Group

✨Know Your Numbers

As a Finance Remediation Analyst, you'll be dealing with various financial processes. Brush up on your knowledge of bank reconciliations, debtor and creditor management, and cash allocation. Being able to discuss these topics confidently will show that you understand the role and can hit the ground running.

✨Show Your Organisational Skills

This role requires excellent organisational skills. Prepare examples from your past experiences where you've successfully managed multiple tasks or projects. Highlight how you prioritised your workload and ensured accuracy in your work, as this will resonate well with the interviewers.

✨Demonstrate Adaptability

The job description mentions the need for adaptability and a positive response to change. Think of instances where you've had to adjust to new processes or systems quickly. Share these stories during your interview to illustrate your proactive mindset and ability to thrive under pressure.

✨Build Relationships

Since you'll be collaborating with various stakeholders, it's crucial to demonstrate your relationship-building skills. Prepare to discuss how you've effectively communicated and influenced others in previous roles. This will show that you can work well within teams and maintain integrity and confidentiality.

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