Financial Control Specialist

1 week ago


Peterborough, Peterborough, United Kingdom Diligenta Full time
About Diligenta

We strive to be the best-in-class platform-based life and pensions administration service provider. Our customer-centric approach focuses on transforming our clients' operations. As a business that values its employees, we foster a culture of positive change and development.

Financial Control & Reconciliation CoE Role

You will be part of our Financial Control & Reconciliation CoE team, ensuring the accuracy and integrity of financial records. Your responsibilities will include handling payments, receipts, distributions, and resolving discrepancies to support reliable financial reporting and compliance.

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.
  • Support monthly and year-end ledger close processes.
  • Prepare and input manual journals as needed.
  • 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).
Requirements
  • Strong experience in bank reconciliation.
  • 2+ years in finance roles within financial services.
  • Proficiency in MS Excel and Word.
  • Knowledge of Life & Pensions processes and regulations.


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