Financial Reconciliation Officer

3 weeks ago


Ealing Greater London, United Kingdom Triumph Consultants Ltd Full time

Temporary Financial Assessment Officer - Transactional Services
50 per hour PAYE
35 Monday – Friday, normal working hours
A Financial Assessment Officer is required to be responsible for assisting the Principal Finance Officer in the efficient and effective provision of a comprehensive financial assessment and billing function for care fees and in providing a high level of customer care in accordance with statutory requirements and the Council's policies and procedures.
Ensure the timely completion of financial assessments including obtaining financial information in order to advise customers, often vulnerable and/or their representatives of any contribution towards an Individual Budget/care fees.
Responsible for assisting in the efficient and timely raising of customer’s bills for care fees and for liaising with other Adults’ Services and Finance teams in order to advise them of the customers net contribution towards care fees in accordance with legislation, statutory regulations and the Council’s policies and procedures.
Ensure providers and direct payment customers are paid the correct amount in line with commissioned services, including identifying and verifying discrepancies, while ensuring that all processes are completed in a timely manner to allow prompt payment.
Assist in the efficient completion of the annual financial re-assessment process in accordance with statutory regulations and the Council’s policies and procedures, to maximise income due to the Council.
Responsible for the on-going maintenance, reconciliation, refunding and review of financial assessments and assisting in the efficient and timely completion of the annual closing of accounts process.
Assist in the preparation, analysis and provision of accurate financial and management information to be included in statutory returns and reports, in line with statutory requirements and the Council’s policies and procedures.
Contribute to service plans and reviews, including the cost effectiveness of services, in line with the Council’s policies and procedures in order to achieve best value.
Assist in the review and update of all documentation, policies and procedures and compliance with statutory requirements in line with professional standards and the Council’s policies and procedures.
To help speed up the process of uploading your CV to the client we would suggest that you send us your CV in Word format (or equivalent) if possible, rather than as a PDF
If you are successful in securing this role, please note that for the entire duration of this contract, regardless of extension you will be working this role at the PAYE rate that has been advertised. For absolute clarity, we only work on a PAYE basis, rather than entertaining umbrella pay terms, we do no t offer Ltd/umbrella or outside IR35 rates. If you wish to understand PAYE vs Umbrella more, please let us know and we can send you some additional information for clarity.



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