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Iba A/c's Clerk Remote Working
1 month ago
Job: IBA Accounts Clerk
**Salary**: upto £32,000
Location: Home working
Role purpose:
- To provide efficient, high quality accounting support to internal and external customers
- To ensure day to day compliance with the systems and controls, established by the firm and to ensure compliance with FCA Rules CASS 5.4
- To ensure compliance with FCA rules on Financial Crime prevention
Main Responsibilities:
- Ensure all debts are collected as soon as possible and all liabilities are settled within agreed credit terms
- Ensure all cash received is matched as soon as possible
- Ensure that all processes are being completed on a timely and accurate basis
- Ensure accounting ledgers are maintained in an up to date and accurate manner.
- To produce accurate and timely management information on both a regular and ad hoc basis
- Regular liaison with other departments regarding outstanding queries, particularly cash queries
- Ensure that all outstanding cash under query with the clients/underwriters is chased on a monthly basis
- Prepare and despatch statements of accounts in accordance with account holders' requirements and/or when requested by divisions
- Maintain accurate, comprehensive and up to date records, accessible to all parties that require them
- Monitor client money payments to intermediary placing brokers
- Notify appropriate individuals of potential bad debts at earliest possible stage and enlist assistance where appropriate
- Undertake other duties and ad-hoc tasks and projects
Key Knowledge/ Skills Required:
- A good knowledge of FCA rules and guidelines relating to commercial and private customers
- A good knowledge of FCA Rules CASS 5.4
- A good knowledge of general insurance and underlying legal principles
- A good knowledge of banking methods and accounting principles
- 5 years' experience working in the insurance sector or equivalent
- Develop and sustain good working relationships with internal and external clients
- Ability to work supportively and jointly with colleagues
- Accurate data input skills
- IT Skills: MS Word, MS Excel, Brokasure Desktop (desirable)
REF: 8807
MW Appointments is acting as an Employment Agency in relation to this vacancy.
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