Banking Assistant

3 weeks ago


Haywards Heath, United Kingdom LHH Recruitment Solutions Full time

**What?**Banking Assistant

**Where?**Haywards Heath / Hybrid Working / 1 day from office rest from home

**How much?**£27,000 pa

**Job responsibilities**:

- Prepare payments for processing whether Cheque or Electronic and ensuring they are approved in accordance with the Delegation of Authority Matrix
- Ensure all Audit logs are maintained for processing payments
- Update cashflow/liquidity forecasting for the group and its subsidiaries
- Schedule and monitor the approval of the monthly money movements across the group
- Conduct the daily cheque processing and cash banking procedures
- Maintain payments timetable for all the Group, UK, Gibraltar and Guernsey
- Investigate and resolve queries raised by stakeholders in operational teams across the business
- Record all Insurance recoveries received and upload onto the relevant Claims system
- Act as a key contact with the corporate bank (RBS) for operational activity
- Ensure bank accounts have sufficient funding to enable the business to meet all commitments on time
- Ensure the business gains optimum return on cash by use of overnight deposits, money markets and short-term investments
- Key contact for Operations and responsible for providing them with an efficient service
- Assist in the preparation of key board reporting packs
- Understand and use the on-line banking facility as well as supporting other users of the system across the business
- Support the other finance teams in transactional investigation
- Maintain accurate and up to date Process Notes
- Responsible for the timely and accurate processing of the Treasury inbox, which consists of business enquiries into payment and cash processing
- Maintain department risk registers (as applicable), providing evidence and commentary for controls, updates for Mitigation Actions and maintaining control matrices and attestations

**Experience & knowledge**
- Experience of the treasury function and bank reconciliations
- Experience in performing detailed and complex transactional reconciliation work
- Strong double entry bookkeeping understanding
- Solid understanding of the banking requirements and processes
- High level of emotional intelligence and self awareness

**Skills & Qualifications**
- Excellent communication skills, both verbal and written
- Intermediate Excel skills
- Good time management and organisation skills, with the ability to meet tight reporting deadlines
- Problem solving skills, with the ability to identify problems and adopt a logical approach to resolving problems
- Excellent numeracy skills
- Strong analytical skills and ability to drive process improvement, based upon analysis of data


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