At a Glance
- Tasks: Support client money management and ensure compliance with financial regulations.
- Company: Join a friendly finance team in a positive, inclusive culture.
- Benefits: Hybrid working, 25 days holiday, pension scheme, and health cash plan.
- Other info: Flexible hours during busy periods with excellent career development opportunities.
- Why this job: Gain valuable finance experience and grow your skills in a supportive environment.
- Qualifications: Strong attention to detail, communication skills, and proficiency in Microsoft Excel.
The predicted salary is between 26500 - 26500 £ per year.
About the Role
We are looking for a reliable and detail-oriented Finance Clerk to support the day-to-day client money function. You'll be part of a friendly and supportive finance team of five. This role offers a supportive environment and an opportunity to expand and grow your knowledge within a finance department.
What We Offer
- Hybrid working (up to 2 days from home following successful completion of your probationary period)
- 25 days' holiday + bank holidays
- Join our Employee Ownership Scheme after successful completion of probationary period
- Company pension scheme
- Health cash plan (following completion of your probation)
- A positive, inclusive working culture
- Annual fixed salary £26,500
Key Responsibilities
- Client Money Management
- Receive, process, and reconcile client payments.
- Allocation of the client money payments to the relevant accounts.
- Maintain accurate records of client funds in compliance with regulatory guidelines.
- Monitor client money accounts and ensure proper segregation of funds.
- Generating client refunds.
- Insurer Account Settlement
- Reconcile insurer accounts and resolve any queries liaising both internally and externally.
- Generate payments to the insurers.
- General Ledger
- Posting purchase invoices to the supplier ledger - assisting the group finance assistant with any ad hoc requirements.
- Financial Recordkeeping
- Prepare reports on client money transactions and insurer accounts as and when required, such as Due & Settled Reports, Unallocated Cash Report, Aged Debts Reports.
- Assist with audits and regulatory inspections related to client funds.
- Banking of group money.
- Compliance and Regulatory Oversight
- Ensure compliance with relevant regulatory requirements, such as Financial Conduct Authority (FCA) rules.
- Participate in training programs to enhance understanding of compliance obligations.
- Team Support
- Provide support to other team members as needed, such as assisting with month-end procedures or ad-hoc projects.
- Requirement to be flexible around busy periods such as month end and financial year end.
Requirements
Qualifications and Skills
- Essential
- Strong attention to detail and accuracy.
- Excellent communication skills, both written and verbal.
- Ability to prioritise tasks and work effectively.
- Proficiency in Microsoft Excel.
- A-C Grade in GCSE Maths.
- Good IT Skills within Microsoft (Word, Outlook, Teams, Excel).
- Desirable
- Previous experience in a finance role, preferably within the insurance or financial services industry.
- Knowledge of regulatory requirements governing client money handling (e.g., FCA CASS rules).
Finance Team Member in Caerphilly employer: Thomas Carroll Group plc
Join a dynamic finance team where your contributions are valued and supported. With a positive and inclusive work culture, we offer hybrid working options, generous holiday allowances, and opportunities for professional growth through our Employee Ownership Scheme. Our commitment to employee well-being is reflected in our health cash plan and pension scheme, making us an excellent employer for those seeking a rewarding career in finance.
