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- Tasks: Manage IBA reporting, bank reconciliations, and payment setups for insurers and clients.
- Company: Join a dynamic finance team committed to high-quality client service.
- Benefits: Competitive pay, flexible working conditions, and valuable experience in finance.
- Other info: Temporary role with potential for growth and immediate start.
- Why this job: Make a real impact in a key role while developing your finance skills.
- Qualifications: Experience in IBA and cashiering roles with strong attention to detail.
The predicted salary is between 30000 - 40000 £ per year.
My client is looking to secure an interim IBA Accountant to be responsible for IBA reporting for Insurers, Clients and Appointed Representatives, setting up IBA bank entries for authorisation by Finance Director and IBA system daily bank reconciliations. The role sits within the Finance Team and reports to the Finance Director. It plays a key part in delivering their commitment to high quality client service, operational efficiency, and controlled growth.
Responsibilities
- Regulatory Accountability
- Day to day matching of cash transitions on IBA System
- Insurer payable reports, checking to insurer statements and raising processing queries
- Appointed Representative payable reports and raising processing queries
- Matching and setting up payments in IBA system
- Daily IBA bank reconciliations in IBA system
- Setting up FX trades and onward payments
- Weekly reconciliations for FX system
- Assist with ad hoc finance and operational tasks as required
Background
- Previous experience in an IBA and Cashiering role
Required Skills
- Strong attention to detail and accuracy
- Comfortable working with IBA/Bank/FX systems and spreadsheets
- Able to manage workload independently
Pay range and compensation package
Temporary role for an initial period of 6 Months. Expected to be immediately effective with minimal onboarding time. Flexibility required depending on business needs.
IBA Accountant in London employer: WPR
Contact Detail:
WPR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with IBA roles. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your IBA knowledge. Be ready to discuss your previous experiences and how they relate to the responsibilities listed in the job description. Confidence is key!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that IBA Accountant role. We’re always on the lookout for talent, and applying directly can give you an edge over other candidates!
We think you need these skills to ace IBA Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in IBA and Cashiering roles. We want to see how your skills match the job description, so don’t be shy about showcasing your attention to detail and accuracy!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the IBA Accountant role. Mention your familiarity with IBA/Bank/FX systems and how you can hit the ground running.
Showcase Relevant Experience: When filling out your application, focus on your previous roles that relate to IBA reporting and daily bank reconciliations. We love seeing candidates who can manage their workload independently and efficiently.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at WPR
✨Know Your IBA Inside Out
Make sure you brush up on your knowledge of IBA reporting and the specific systems mentioned in the job description. Familiarise yourself with common cash transition processes and how to handle insurer statements, as this will show that you're ready to hit the ground running.
✨Demonstrate Attention to Detail
Since strong attention to detail is crucial for this role, prepare examples from your past experience where your accuracy made a difference. Be ready to discuss how you ensure precision in your work, especially when matching payments and handling reconciliations.
✨Showcase Your Independence
This position requires someone who can manage their workload independently. Think of instances where you've successfully handled tasks without much supervision. Highlight your ability to prioritise and stay organised, which will reassure them that you can thrive in a flexible environment.
✨Prepare for Technical Questions
Expect questions about your experience with IBA, bank, and FX systems. Brush up on any technical jargon and be prepared to discuss how you've used spreadsheets effectively in your previous roles. This will demonstrate your comfort level with the tools they'll expect you to use.