Bank Director

3 days ago

Colchester, Essex, United Kingdom Informa Connect of Informa PLC Full time
Job Title: Bank Director - Reconciliation Expert

We are seeking a highly motivated and experienced Bank reconciliations process expert to enhance the efficiency and accuracy of the bank reconciliation overseeing and optimising the Offshore Cash Ops team's operations.

Key Responsibilities:
  • Process Analysis and Improvement: Conduct analysis of the current bank reconciliation process to identify inefficiencies, develop and implement process improvement initiatives to streamline workflows and reduce manual intervention, and identify opportunity for automation and implement solutions to automate tasks.
  • Offshore Team Management and Development: Provide guidance and support to the Offshore Cash Ops Team to enhance their skills and knowledge, identify and provide training, and develop a culture of continuous improvement and innovation with the team.
  • System and Tool Optimisation: Evaluate and optimise the use of existing reconciliation tools and systems, identify and implement new tools or technologies to improve process efficiency, and ensure data integrity and accuracy within the reconciliation process.
  • Bank and Control Accounts Reconciliation Control Process: Review and analyse reconciliation reports to identify potential issues and trends, implement corrective actions to address recurring reconciliation errors, and DTP and SOP approval.
  • Stakeholder Management: Work closely with internal departments to ensure smooth data flow and reconciliation accuracy, communicate with stakeholders regarding process improvements and current/future projects, and respond to queries from auditors in a timely manner.
Requirements:
  • Minimum of 5 years of experience in financial services or accounting role.
  • AAT Level 4 or accounting qualifications (ACCA, CIMA).
  • Proven understanding of reconciliation processes.
  • Proven track record of successfully managing and leading a team.
  • Strong analytical and problem-solving skills with the ability to identify and address discrepancies.
  • Excellent attention to detail and accuracy.
  • Effective communication and interpersonal skills, with the ability to collaborate effectively with both internal and external stakeholders.
  • Project management skills with the ability to prioritise tasks, set deadlines and follow-through to completion.
  • Strong organisation skills with the ability to manage multiple tasks simultaneously.
  • Knowledge and ability to use Oracle, SAP and Blackline.
What We Offer:
  • A dynamic and supportive work environment.
  • Opportunities for career growth and development.
  • A competitive salary and benefits package.
  • A recognition and reward system for outstanding performance.
  • A comprehensive training and development program.
  • A collaborative and inclusive team culture.

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