Administrator - Reconciliations - Employer Solutions

6 months ago


Edinburgh, United Kingdom JTC Group Full time

**ROLE OVERVIEW**

The role reports into the Manager within the Reconciliations team. The team deals with all aspects of asset and cash reconciliations for the various pension plans and share trusts administered by JTC Employer Solutions. The role is based in Edinburgh.

**PURPOSE OF JOB**

The JTC Employer Solutions Reconciliations Team currently deals with all aspects of asset and cash reconciliations for a wide range of International Retirement Savings & Pension Plans, Limited companies and Share Trusts, as well as other similar Reconciliations related activities for other JTC clients. Currently the team reconcile in excess of 95,000 lines of assets per month across our clients.

You will be responsible for reviewing and matching cash and securities related transactions with corresponding client instructions, as well as reviewing and clearing related suspense account ledger entries and recoding these to the correct ledgers in the client’s NL. The role will also involve communicating and resolving queries around open items with client contacts, identifying suggested process and system changes to improve client service and create operational efficiencies, as well as manipulation of ad-hoc datasets within spreadsheets to assist with the day-to-day activities.

Over time, there will also be an opportunity to assist with training the other team members on the new activities, as well as learning about the other work done in the Reconciliations Team, to become a fully integrated member of this busy team.

**MAIN RESPONSIBILITIES AND DUTIES**
- Regular matching of instructions/re-coding of transactions/reconciliation of assets.
- Identifying, investigating and resolving any issues.
- Liaising with staff across the JTC business to resolve above.
- Liaising with fund managers & custodians to resolve above.
- Maintaining necessary documentation as evidence of reconciliation work conducted.
- Escalate reconciliation differences in accordance with Escalation policy.
- Monitor suspense account balances to ensure they are cleared in a timely manner.
- Assist Accounts Preparation team with accounts preparation tasks as and when required.
- Assist Bookkeeping team with any bookkeeping related tasks as and when required.
- Ability to work unsupervised.
- Ad hoc projects as directed.

**ESSENTIAL REQUIREMENTS**
- Experience of working within a financial environment - preferably within a team.
- Good understanding of asset reconciliation processes.
- Sound bookkeeping/accounting knowledge.
- Strong organisational skills and interpersonal skills.
- Good communication and strong customer service skills.
- Effectively use own initiative and demonstrate high level of accuracy and attention to detail.



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