Iba Accounts Assistant

2 months ago


London, United Kingdom IPS Group Full time

**Salary**:
£35000 - £40000 per annum**Location**:
City of London, London**Job reference**:
150275_1677084292

A short-term temporary position has arisen for you to join a small, close-knit Finance team to oversee the day to day operation of the IBA Accounts and General Ledger Accounts.

**Main Responsibilities**:

- Daily posting of Cash entries.
- Reconciliation of multi-currency Bank accounts.
- Generating wire-transfers to Clients, Co-Brokers and Reinsurers.
- Processing supplier payments and for FX contracts.
- Allocate payments received and resolve any corresponding queries.
- Ledger Maintenance (Unallocated Cash and Legacy Debt Balances).
- Releasing payments to bureaux.
- Complete monthly client money calculations in-accordance with CASS5 regulations.
- Balance Sheet reconciliations.
- Qualified by Experience or AAT (MAAT) qualified.
- Experience within the Lloyd’s and or London Insurance markets ideally a Broking or MGA/Coverholder environment.
- Understanding of Bureaux procedures and knowledge of Client Money/CASS5.

Roberto Ollari- +44 (0) 207 481 8111



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