At a Glance
- Tasks: Monitor customer payments, reconcile accounts, and support invoicing processes.
- Company: Join a leading financial services organisation with a diverse and inclusive culture.
- Benefits: Competitive pay, comprehensive health benefits, flexible work model, and generous leave policies.
- Other info: Entry-level position with opportunities for growth and development.
- Why this job: Kickstart your finance career while making a real impact in a global company.
- Qualifications: Bachelor’s degree required; proficiency in MS Office and strong communication skills.
The predicted salary is between 30000 - 40000 £ per year.
Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC’s competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.
Pay and Benefits
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits
- Pension
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The Impact You Will Have In This Role
The Revenue Cycle department administers the invoice to cash processes for all DTCC products and services to include invoicing, accounts receivables, payments processing and on-boarding. Invoicing includes creation, reconciliation, revenue recording and distribution activities. The Cash Processing Analyst will support the Accounts Receivables function processing receipts from customers sent through multiple channels (settlement, credit card, ACH and check), responding to inquiries and the reconciling of accounts. Finally, some other activities include User Acceptance Testing, fee change management and implementation of invoice to cash processes for new products.
Your Primary Responsibilities
- Monitor multiple channels for incoming customer payments including lockbox, wire transfers (multiple banks), settlement (direct debit), credit card/ACH and bank statements
- Reconcile to bank statements and General Ledger accounts
- Research unidentified funds and apply to correct account
- Research inquiries from customers regarding payment status and update customer on results
- Prepare refund paperwork and submit to Finance management when necessary
- Create, maintain and distribute cash receivable reports as necessary
- Maintain procedures on processes performed
- Support the DTCC 3.0 practices such as risk identification and prevention as well as audit review and action plans
- Reconcile general ledger postings
- Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately
NOTE: The Primary Responsibilities of this role are not limited to the details above.
Qualifications
- Entry Level Bachelor’s degree required
Talents Needed For Success
- Proficiency in MS Office (Excel, Word, PowerPoint)
- Strong verbal & written communication skills.
- Good team player and ability to work with cross-functional colleagues in all regions.
- Some office experience
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Cash Processing Analyst in Wrexham employer: The Depository Trust & Clearing Corporation (DTCC)
DTCC is an exceptional employer that prioritises employee well-being and professional growth, offering competitive compensation and comprehensive benefits including health insurance, pension plans, and generous paid time off. With a flexible hybrid work model and a collaborative culture, employees are empowered to thrive in their roles while contributing to DTCC's mission as a leader in the financial services industry. The Cash Processing Analyst position provides a unique opportunity to engage with diverse financial processes and develop valuable skills in a supportive environment.
Contact Details:
The Depository Trust & Clearing Corporation (DTCC) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cash Processing Analyst in Wrexham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at DTCC or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching DTCC’s values and recent news. We want you to show that you’re not just another candidate; you’re genuinely interested in being part of their mission in the financial services industry.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to cash processing and accounts receivables. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. Plus, it shows your enthusiasm for the Cash Processing Analyst role at DTCC. And remember, apply through our website for the best chance!
We think you need these skills to ace Cash Processing Analyst in Wrexham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Cash Processing Analyst role. Highlight your proficiency in MS Office and any relevant office experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how your background makes you a great fit for our team at DTCC.
Showcase Your Communication Skills:Since strong verbal and written communication skills are key for this position, make sure your application is clear, concise, and free of errors. We want to see your best writing!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Don’t miss out!
How to prepare for a job interview at The Depository Trust & Clearing Corporation (DTCC)
✨Know Your Numbers
As a Cash Processing Analyst, you'll be dealing with invoices and accounts receivables. Brush up on your financial terminology and be ready to discuss how you would handle specific scenarios involving payment processing and reconciliation. This shows that you understand the role and can think critically about the tasks you'll face.
✨Showcase Your Tech Skills
Proficiency in MS Office, especially Excel, is crucial for this position. Prepare to demonstrate your skills by discussing past experiences where you've used these tools effectively. Maybe even bring along a sample report or analysis you've done in the past to showcase your abilities.
✨Communicate Clearly
Strong verbal and written communication skills are essential. Practice explaining complex financial concepts in simple terms, as you may need to interact with colleagues from various functions. During the interview, focus on being clear and concise in your responses.
✨Be a Team Player
This role requires collaboration with cross-functional teams. Think of examples from your past experiences where you've successfully worked in a team setting. Be ready to share how you contributed to group projects and how you handle conflicts or differing opinions.
