At a Glance
- Tasks: Lead the reconciliation team, ensuring accurate processing of web sale orders and refunds.
- Company: Join a global tech group powering brands like Myprotein and Coca-Cola through innovative digital commerce.
- Benefits: Enjoy 25 days annual leave, enhanced pay, gym access, and discounts on THG brands.
- Why this job: Be part of a dynamic finance team where no two days are the same and drive real change.
- Qualifications: Part Qualified AAT/ACCA preferred; strong analytical skills and experience in reconciliations required.
- Other info: THG values diversity and is committed to creating an inclusive environment for all applicants.
The predicted salary is between 36000 - 60000 £ per year.
We’re a fast-moving, global technology group that specialises in taking brands direct to consumers. We’re home to a portfolio of leading brands and sites including Myprotein, ESPA, LOOKFANTASTIC, and Cult Beauty, all of which are powered by our fully integrated digital commerce ecosystem, THG Ingenuity. We handle everything in-house, including technology, content creation, e-commerce, marketing, manufacturing, new product development, and logistics. This comprehensive approach ensures we can fully realise our vision and maintain our leadership in a rapidly evolving global industry.
Ingenuity is a fully integrated digital commerce ecosystem, designed to power brands without limits. Our global end to end tech platform is comprised of three products: Ingenuity Commerce, Ingenuity Studios, Ingenuity Fulfilment. Each represents a single, unified solution, overcoming challenges and taking brands direct-to-consumer. Our client portfolio includes globally recognised brands such as Coca-Cola, Nestle, Elemis, Homebase, and Proctor & Gamble.
Finance at Ingenuity is a rapidly growing and evolving team. As the business expands and takes on new challenges, finance is there to support every step of the way, leading to dynamic and challenging roles – no two days are the same! Common characteristics among our team are the ability to drive change, adaptability and resourcefulness, to ensure we can keep pace with the business, without compromising on financial control or sales performance.
Ingenuity is looking to recruit a Reconciliation Team Leader to work within our Cash in Transit reconciliation area of Group Finance for Ingenuity. You will work with the wider Group Finance team to ensure the accurate reconciliation of all web sale orders and refunds processed on the Ingenuity platform. The Reconciliations Team Leader acts as point of reference for issues relating to payment provider data and will work closely with the subject matter experts to ensure timely and accurate reconciliations are completed.
Responsibilities:
- Being the SME for all aspects of Payment Provider Settlement reconciliation
- Calculation/management of the team KPI’s
- Weekly and monthly forecasting of transaction fees and cash in transit
- Training, coaching & mentoring of team member
- Query Escalation and Resolution
- Stakeholder Management
- Staff management of the Cash Reconciliation Team
Requirements:
- Ability to work with attention to detail in an analytic manner
- Part Qualified AAT/ACCA or equivalent preferred.
- High computer, numeracy and literacy skills
- Experience in reconciliations, multiple currencies and high volumes
- Moderate excel skills required (sumifs, vlookups, pivot tables are essential)
- Experience using Sage or equivalent ERP system
- Self-driven, enthusiastic and motivated
- Confident and assertive with good communication skills
- Committed, disciplined and able to work under pressure
- Committed to the continuous improvement of themselves and the business.
Enhanced Leave:
- 25 days annual leave plus bank holidays.
- Don’t want to work on your birthday? We don’t either! Enjoy your day off on us!
- Enhanced maternity and paternity pay, depending on length of service.
- Up to 10 days compassionate leave.
- Buy back up to 3 days each year.
- Access face-to-face and virtual appointments with our in-house GP.
- Access our in-house CBT therapist.
- Access our 247 Employee Assistance Programme (EAP) which is provided by Bupa.
- State-of-the-art on-site gym.
- Access to our on-site physio.
Other Perks:
- Save up to 12% on the cost of personal tech through our salary sacrifice scheme.
- Subsidised bus pass from Manchester City Centre to our ICON office.
- Up to 50% staff discount on THG brands.
- On-site staff shop.
- Access to on-site barber.
- Know someone who would be perfect for THG? Refer them and get up to £1000 when they pass their probation.
- Anniversary gifts when you hit 5 and 10 years of service.
THG is proud to be a Disability Confident Committed employer. If you are invited to interview, please let us know if there are any reasonable adjustments we can make to the recruitment process that will enable you to perform to the best of your ability. THG is committed to creating a diverse & inclusive environment and hence welcomes applications from all sections of the community.
Because of the high volumes of applications our opportunities attract, it sometimes takes us time to review and consider them all. We endeavour to respond to every application we receive within 14 days. If you haven't heard from us within that time frame or should you have any specific questions about this or other applications for positions at THG please contact one of our Talent team to discuss further.
Reconciliation Team Leader - Ingenuity employer: The Hut Group
Contact Detail:
The Hut Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reconciliation Team Leader - Ingenuity
✨Tip Number 1
Familiarise yourself with the specific reconciliation processes used in e-commerce, especially those related to payment providers. Understanding how these systems work will help you demonstrate your expertise during interviews.
✨Tip Number 2
Brush up on your Excel skills, particularly with functions like SUMIFS, VLOOKUPs, and pivot tables. Being able to showcase your proficiency in these areas can set you apart from other candidates.
✨Tip Number 3
Prepare examples of how you've driven change or improved processes in previous roles. This aligns with the dynamic nature of the finance team at Ingenuity and shows that you're proactive and resourceful.
✨Tip Number 4
Network with current or former employees of THG Ingenuity on platforms like LinkedIn. They can provide valuable insights into the company culture and expectations, which can be beneficial during your interview.
We think you need these skills to ace Reconciliation Team Leader - Ingenuity
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Reconciliation Team Leader position. Tailor your application to highlight relevant experience in reconciliations, team management, and financial analysis.
Highlight Relevant Skills: Emphasise your skills in Excel, particularly with sumifs, vlookups, and pivot tables, as well as your experience with payment provider data and ERP systems like Sage. These are crucial for the role and should be clearly stated in your CV.
Showcase Your Achievements: Include specific examples of how you've driven change or improved processes in previous roles. This could involve detailing how you managed KPIs or resolved complex queries, demonstrating your ability to adapt and lead.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role and the company. Mention your commitment to continuous improvement and how you can contribute to the dynamic finance team at Ingenuity.
How to prepare for a job interview at The Hut Group
✨Showcase Your Analytical Skills
As a Reconciliation Team Leader, you'll need to demonstrate your ability to work with attention to detail and in an analytical manner. Prepare examples from your past experiences where you successfully managed reconciliations or resolved discrepancies.
✨Familiarise Yourself with Payment Provider Settlements
Since the role involves being the subject matter expert for payment provider settlement reconciliation, make sure you understand the processes involved. Brush up on common issues and solutions related to payment data to show your expertise during the interview.
✨Highlight Your Leadership Experience
The position requires staff management and mentoring. Be ready to discuss your previous leadership roles, how you motivated your team, and any training initiatives you've implemented. This will demonstrate your capability to lead the Cash Reconciliation Team effectively.
✨Prepare for Stakeholder Management Questions
Stakeholder management is crucial in this role. Think of instances where you've successfully communicated with various stakeholders, resolved conflicts, or managed expectations. This will showcase your strong communication skills and ability to work under pressure.