Group Payments Operations Specialist

3 days ago

Gloucester, Gloucestershire, United Kingdom Ecclesiastical Insurance Group Full time

  • The Group Payments Assistant will be responsible for delivering an accurate and timely payments service to the group for the settlement of payments to businesses and employees.
  • The role will involve ensuring all payments received via all methods are processed into the relevant core business systems within agreed SLAs.
  • Additionally, the Group Payments Assistant will process payment requests into the accounting system and core business systems, ensuring payments are made on time.
  • The ideal candidate will have experience working within a Finance team and be highly organised with the ability to manage multiple streams of work within defined timelines.
  • A detailed understanding of different payment methods and strong attention to detail are also essential for this role.
  • The Group Payments Assistant will be responsible for producing cheque payments from the accounting system and core business systems, ensuring correct approval and due dates.
  • They will also be responsible for producing BACS payments from the accounting system and core business systems, ensuring due dates are checked.
  • The ideal candidate will have the ability to analyse cash inflows and outflows and conduct short-term cash forecasting/management.
  • They will also be responsible for reconciling supplier statements and resolving queries arising, making effective use of the comments and dispute functions in the accounting system to track progress.
  • The Group Payments Assistant will be responsible for processing refunds, cancellation / take away payments onto the core business systems and accounting system to meet SLAs and FCA best practice guidelines.
  • They will also be responsible for setting up electronic payments into the banking payments platform to include payments to overseas banks and urgent faster payments.
  • The ideal candidate will have the ability to manage balances in operational bank accounts via daily short-term forecasting and settlement of inter-group period end balances.
  • They will also be responsible for preparing reconciliations of key operational bank accounts, nominal, bordereaux etc.
  • The Group Payments Assistant will be responsible for managing all documentation to include batching payment documents for scanning and secure filing.
  • They will also be responsible for executing additional tasks in order to meet departmental needs or changes.

About us


Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and are currently the UK's 3rd largest corporate donor, having given away £200 million since 2016.


We believe it's essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.


What we offer



  • A competitive salary
  • Group Personal Pension - up to 12% employer contribution
  • Generous annual bonus scheme up to 24%
  • 25 days annual leave plus bank holidays, and a holiday buy and sell scheme
  • An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
  • Up to £300 annual personal grant to a charity of your choice
  • Encouraged to take at least one volunteering day per year
  • Employee Assistance Programme
  • Full study support to gain professional qualifications

We welcome applications from everyone

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