Financial Operations Coordinator

7 days ago


Borehamwood, Hertfordshire, United Kingdom Vitae Financial Recruitment Full time
Job Title: Financial Operations Coordinator

Job Type: Full-time, 6-month fixed-term contract

Location: Remote (with occasional office visits)

Salary: £28,000 - £30,000 per annum

About the Role:

We are seeking a highly skilled Financial Operations Coordinator to join our dynamic team at Vitae Financial Recruitment Ltd. As a key member of our finance department, you will be responsible for ensuring the accuracy and efficiency of our bank reconciliations and financial processes.

Key Responsibilities:

  • Take ownership of various bank reconciliations, ensuring alignment between bank statements and the general ledger.
  • Prepare comprehensive month-end journals for designated companies.
  • Download daily bank statements from Barclays, RBOS, and NatWest.
  • Resolve outstanding entries on monthly bank reconciliations, collaborating with other departments as needed.
  • Handle daily direct debit collections and manage any rejected direct debits.
  • Process and reconcile claim payment files on a daily basis.
  • Address and resolve issues related to BACS payment rejections, unpaid direct debits, failed payments, and stop payments.
  • Perform daily reconciliation of specific accounts using our bank reconciliation system.
  • Provide support and cover for the purchase ledger team.
  • Undertake additional tasks related to the Finance Operations section as directed by the Manager - Banking & Premium Reconciliations or the Senior Finance Manager - Operations.

Ideal Candidate:

  • Proven experience in bank and ledger reconciliation.
  • Demonstrated ability to implement process improvements in a finance environment.
  • Strong Excel skills, including experience with pivot tables.
  • Excellent verbal and written communication skills.
  • Effective at resolving queries and addressing issues.
  • Comfortable working under pressure and meeting tight deadlines.
  • Ability to work both independently and as part of a team.
  • Exceptional organisational skills with the ability to manage and prioritise multiple tasks.

Essential Qualifications:

  • Understanding of double-entry bookkeeping.
  • Recent hands-on experience with high-volume bank reconciliations.
  • Proficiency in Excel, including lookups and pivot tables.

Desirable Qualifications:

  • Previous experience in a similar role within the insurance industry.
  • Some experience with data analysis.
  • Solid bookkeeping experience.


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