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Reconciliations Specialist

2 months ago

Peterborough, Peterborough, United Kingdom Sanderson Recruitment Plc Full time
About the Role

We are seeking a highly skilled Reconciliations Specialist to join our Financial Control & Reconciliation CoE team at Sanderson Recruitment Plc. As a key member of our team, you will play a crucial role in ensuring the accuracy and integrity of our financial records.

Key Responsibilities
  • Perform daily bank reconciliations, match entries, and update banking journals.
  • Reconcile Control Accounts and resolve discrepancies promptly.
  • Reconcile financial reports to the ledger and address any differences.
  • Conduct daily systems checks and ensure trial balances are accurate.
  • Support monthly and year-end ledger close processes.
  • Prepare and input manual journals as needed.
  • Investigate and report operational losses accurately.
  • Handle tax reconciliations and ensure timely payments to HMRC.
  • Manage reassurance reports, calculate premiums, and ensure correct claims settlements.
  • Ensure all reconciliations meet client standards and control frameworks.
  • Monitor reconciliations for compliance with Effective Level of Control (ELOC).
  • Adhere to Consumer Duty regulations.
Requirements
  • Strong experience in bank reconciliation.
  • 2+ years in finance roles within financial services.
  • Proficiency in MS Excel and Word.
  • Analytical, detail-oriented, and strong problem-solving skills.
  • Excellent communication and time management.
  • Knowledge of Life & Pensions processes and regulations.
What We Offer
  • A competitive salary and benefits package.
  • Opportunities for career growth and professional development.
  • A dynamic and supportive work environment.
  • Access to the latest technology and tools.