Finance Administrator

3 weeks ago


Ringwood, United Kingdom Intelligent Advisory Services Ltd Full time

_Due to the growth of the business and an increasing volume of policies, we require a dedicated resource to ensure that the day-to-day administration of the Insurer Trust Account is attended to_. This is an excellent opportunity for any committed and self-reliant individual who wishes to develop new skills in a busy administrative role.

**The Role**

**Key Responsibilities**

Cash and IncomeRecognition
- Reconcile card receipts ensuring all transactions have been recorded in the customer records.
- Import the PCL statement at the mid-month and month end and ensure that all transactions are allocated to a customer record.
- Ensure that all monies received into the Insurer Trust Account (ITA) are accounted for and allocated to a policy by reconciling the ITA bank account daily against transactions recorded in the software and monitoring the Unallocated Cash report.
- Analyse and reconcile income daily to establish the recognition of this for the current month and the timing of future cash flows from the ITA to the General Bank Account.

Credit Control
- Ensure that effective control is maintained to ensure that new and existing premiums are paid in a timely manner according to the payment route chosen by the customer.
- Daily review of the PCL Export Exception report to ensure that any failures are followed up and resolved.
- Monitoring of the PCL Reports Inbox to review and to deal with requests from PCL for additional information from customers regarding new or existing credit agreements.
- Run the daily cancellation report from our credit partner to list new credit agreement cancellations, sending a 7-day ticket where required and reviewing these policies thereafter to check for payment received and cancelling where appropriate.
- Check that policies with a renewal pending and payable by monthly direct debit are not in default.
- Review Aged Debtors on a weekly basis to ensure that all aged items have an action pending.

**Requirements**:

- An extremely organised and self-motivated individual who can work to strict deadlines.
- A keen eye for detail with a conscientious and methodical nature
- Experienced Processor of information
- Confident Excel user.

**How to Apply**

**Job Types**: Full-time, Permanent

**Salary**: £25,000.00-£27,000.00 per year

**Benefits**:

- Additional leave
- Company pension
- Cycle to work scheme
- Free parking
- Health & wellbeing programme
- Life insurance
- Work from home

Schedule:

- Monday to Friday

Work authorisation:

- United Kingdom (preferred)

**Location**:

- Ringwood (preferred)

Work Location: Hybrid remote in Ringwood

Application deadline: 12/04/2024
Expected start date: 29/04/2024



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