Bank Reconciliations Assistant
Bank Reconciliations Assistant

Bank Reconciliations Assistant

Bexhill-on-Sea Entry level 28800 - 43200 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support bank reconciliation processes and resolve discrepancies daily.
  • Company: Join Hastings Direct, a leading digital insurance provider in the UK.
  • Benefits: Enjoy flexible working, competitive bonuses, and a comprehensive wellbeing package.
  • Why this job: Kickstart your finance career in a supportive, growth-focused environment.
  • Qualifications: Experience with customer queries and Microsoft Office; finance background preferred.
  • Other info: Inclusive employer committed to diversity and personal development.

The predicted salary is between 28800 - 43200 £ per year.

Job Title: Bank Reconciliations Assistant

Location: Bexhill/Hybrid

Welcome to Hastings Direct – Finance

We\’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we\’ve made huge investments in our technology, pricing, data and analytics capabilities over the past few years, along with nurturing our 4Cs culture and substantial investment in our people. And as a Finance team, we\’re doing exactly the same – building a market leading finance technology platform, investing in our team and our approach to leadership development, with a real focus on commercially adding value to the business.

The fact you\’re now reading this job advert means we\’ve tempted you to find out more about . If you like what you see, we hope you\’ll consider joining our team.

We have high standards and understand some people may not apply for jobs unless they feel they tick every box. If you\’re excited about joining us and think you have some of what we are looking for, even if you\’re not 100% sure, we would love to hear from you.

Role Overview

You\’ll be supporting our Bank Reconciliations Manager in all aspects of the Hastings and Group bank reconciliation processes. This is a great entry role into Finance and we\’d strongly encourage anyone interested in a career in Finance to apply.

Job details – you\’ll need to have demonstrable experience in:

  • Ensuring that the daily download of all statements and cashbook data into our reconciliation software is completed and reconcile data using the automated reconciliation system
  • Resolving daily unreconciled items manually through thorough investigation, gaining a clear understanding of the nature of the issue and the reason why transactions don\’t reconcile
  • Leading weekly meetings with the relevant business areas with the aim to resolve any outstanding unreconciled transactions to avoid items falling into outstanding
  • Escalating significant increases in daily unreconciled transactions to senior management and provide regular updates to the reconciliation manager on progress
  • Identifying root causes for unreconciled transactions and sharing findings with the relevant business areas for resolution
  • Accurately and efficiently preparing and completing monthly bank reconciliations, ensuring that reconciliation differences are resolved or explained for audit purposes

Essential Skills/experience

  • Previous experience of dealing with customer queries via email, telephone and in person
  • Working knowledge of Microsoft Office products is essential and Guidewire experience is advantageous
  • Previous insurance/financial services experience preferred, with a passion for developing a career in finance long term (bank reconciliations experience would be a bonus!)

The interview process

Our Interview Process Involves The Below

  • Recruiter screening call
  • Interview with Hiring Leader

As a Disability Confident employer, we\’re committed to ensuring our recruitment processes are fully inclusive – for more information on the Disability Confident Scheme (DCS), please visit our inclusive business page on our careers website. For this position, we\’re regrettably unable to accept applications through the DCS due to the extremely high volumes of applications we receive. However, you\’ll of course have fair access to support and adjustments throughout your recruitment journey.

Benefits: In addition to a competitive salary you will also receive

Flexible working – we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail

Competitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonus

Financial wellbeing – as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with an award winning package which includes – discounts, cashback, free independent mortgage advice and free access to financial wellbeing support

Mental wellbeing programme – we have the thrive mental health app, our colleague assistance programme available 24/7, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs

There\’s more! – 25 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more .

Join us and you\’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you\’ll be helping to drive our growth, so in return, we\’ll give you all the support, training and development you need. Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we\’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.

Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.

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Bank Reconciliations Assistant employer: Vxplore

Hastings Direct is an exceptional employer, offering a dynamic work environment in Bexhill with a strong focus on employee development and well-being. With flexible hybrid working options, competitive bonuses, and a comprehensive benefits package that includes mental health support and financial wellness resources, we prioritise our colleagues' growth and satisfaction. Join us to be part of a culture that values collaboration and innovation, ensuring you have the tools and support needed for a rewarding career in finance.
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Contact Detail:

Vxplore Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Bank Reconciliations Assistant

✨Tip Number 1

Familiarise yourself with bank reconciliation processes and software. Understanding the tools and techniques used in this role will not only boost your confidence but also demonstrate your commitment to the position during interviews.

✨Tip Number 2

Brush up on your communication skills, especially for resolving customer queries. Since you'll be dealing with various business areas, being able to articulate issues clearly and effectively will set you apart from other candidates.

✨Tip Number 3

Network with professionals in the finance sector, particularly those who have experience in bank reconciliations. Engaging with industry peers can provide valuable insights and potentially lead to referrals or recommendations.

✨Tip Number 4

Prepare for the interview by researching Hastings Direct and their 4Cs culture. Showing that you align with their values and understand their business model will make a strong impression on the hiring team.

We think you need these skills to ace Bank Reconciliations Assistant

Bank Reconciliation
Attention to Detail
Problem-Solving Skills
Data Analysis
Microsoft Office Proficiency
Customer Service Skills
Communication Skills
Investigative Skills
Time Management
Team Collaboration
Financial Services Knowledge
Guidewire Experience
Adaptability
Organisational Skills

Some tips for your application 🫡

Understand the Role: Read the job description carefully to understand the key responsibilities and skills required for the Bank Reconciliations Assistant position. Tailor your application to highlight relevant experiences that align with these requirements.

Highlight Relevant Experience: Make sure to emphasise any previous experience you have in finance, particularly in bank reconciliations or dealing with customer queries. Use specific examples to demonstrate your skills and how they relate to the role.

Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and the company. Mention why you are interested in a career in finance and how you can contribute to Hastings Direct's goals.

Proofread Your Application: Before submitting your application, thoroughly proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.

How to prepare for a job interview at Vxplore

✨Understand the Role

Make sure you have a clear understanding of the Bank Reconciliations Assistant role. Familiarise yourself with bank reconciliation processes and be ready to discuss how your previous experience aligns with the responsibilities outlined in the job description.

✨Showcase Your Analytical Skills

Since the role involves resolving unreconciled items and identifying root causes, be prepared to share examples of how you've used analytical skills in past roles. Highlight any experience you have with data analysis or problem-solving.

✨Prepare for Technical Questions

Brush up on your knowledge of Microsoft Office products, especially Excel, as it will likely be a key tool in this role. If you have experience with Guidewire or similar software, be ready to discuss how you've used it effectively.

✨Demonstrate Communication Skills

The role requires leading meetings and resolving queries, so be prepared to demonstrate your communication skills. Think of examples where you've successfully communicated complex information to different stakeholders.

Bank Reconciliations Assistant
Vxplore
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  • Bank Reconciliations Assistant

    Bexhill-on-Sea
    Entry level
    28800 - 43200 £ / year (est.)

    Application deadline: 2027-07-31

  • V

    Vxplore

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