11 Oct
The Crown Estate
London
Job description
Advert close date : Monday 14th October 2024
The Crown Estate is a unique business with a diverse portfolio that stretches across the country. We manage the seabed around England, Wales, and Northern Ireland, and have a substantial urban portfolio concentrated in London’s West End.
Our purpose is to create lasting and shared prosperity for the nation.
As a Bank Reconciliation Analyst on a 12-month fixed-term contract (FTC), you will ensure the accuracy and integrity of our financial records by detecting errors, unusual or irregular payments, and ensuring up-to-date and accurate bank balances.
You will play a crucial role in minimizing risk and maximizing efficiency by adhering to adequate controls and procedures,
overseeing and expanding automation, and managing exceptions to resolution.
Key Responsibilities :
- Perform daily reconciliation of assigned company bank accounts and inter-account fund movements.
- Add full commentary for unmatched items and collaborate with Finance colleagues to resolve outstanding items promptly.
- Identify opportunities for process improvements and efficiencies in the reconciliation process.
- Maintain and improve rule sets for automated reconciliations within the reconciliation tool.
- Prepare manual reconciliations for bank accounts not incorporated within the reconciliation system and investigate differences.
- Reconcile suspense accounts and work with global payments to resolve outstanding items.
- Monitor Treasury / Client segregated bookings and resolve discrepancies with Business Operations and Client Asset Management.
- Assist with internal and external audits by providing necessary documentation and explanations.
- Maintain up-to-date process documentation and ensure all procedures and related policies are clearly defined and followed.
- Identify and escalate any risks associated with reconciliation to the appropriate team(s).
- Assist in producing management information and KPI reports.
Qualifications and Experience :
- Proven experience in bank reconciliations, ideally with client accounting and client money rules.
- Formal qualification : AAT or equivalent is an advantage.
- Experience using bank reconciliation systems / software.
- Knowledge of MRI Horizon and Blackline is useful but not essential.
- High level of attention to detail and ability to prioritize workload.
- Excellent oral and written communication skills.
- Intermediate / advanced Excel knowledge.
- Knowledge of commercial property service charge processes is useful but not essential.
- Minimum GCSE Level education including Maths and English.
- Excellent interpersonal skills.
- Self-motivated with the ability to organize and prioritize conflicting demands.
- Highly numerate, proficient with Excel, and possessing good analytical skills.
- Flexible approach to work with a willingness to play a full role in ensuring the success of the team.
- Ability to demonstrate a customer-focused approach to service delivery.
- Passion for continuously raising the bar on quality and effectiveness.
At The Crown Estate, we believe in creating a supportive and inclusive environment where everyone can thrive. We offer a range of benefits, including professional development opportunities,
a collaborative work culture, and the chance to be part of a prestigious organization with a rich history and a commitment to sustainability and innovation.
Join us at The Crown Estate and be part of a team that values excellence, integrity, and innovation. Apply today!
We are a proud disability confident employer and operate the offer of interview scheme Disability Confident employer scheme - GOV.UK (www.gov.uk) .
We are happy to offer alternative application methods or formats and can be flexible on our process to enable you to have the best opportunity.
If you have any questions about our recruitment process or would like to talk about adjustments, please contact us on [email protected]
▶️ Bank Reconciliation Analyst (12-month FTC)
🖊️ The Crown Estate
📍 London