Banking Assistant Ftc 4 Months - Haywards Heath, United Kingdom - First Central

First Central
First Central
Verified Company
Haywards Heath, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

We're First Central Insurance & Technology Group (First Central for short), an award-winning innovative insurance and technology organisation, delivering market-leading motor insurance, underwriting, distribution, finance, technology and legal services.

We currently have an exciting opportunity for a
Banking Assistant to join our Finance team on a 4 month Fixed Term Contract.

Working flexibly, you'll spend the majority of your time working from home with a day (per week) in the office at Haywards Heath, West Sussex, of course, its your choice - if you prefer to be in the office more - that's good with us too.

You'll be responsible for carrying out daily treasury and banking activities, which include cash management, funding and reporting and assisting the Banking manager with a range of tasks and projects


To be successful in this role, you'll need to have:

  • experience of the treasury function and bank reconciliations
- problem solving skills, with the ability to identify problems and adopt a logical approach to resolving problems
- strong double entry bookkeeping understanding


Job responsibilities:


  • Prepare payments for processing whether Cheque or Electronic and ensuring they are approved in accordance with the Delegation of Authority Matrix
  • Ensure all Audit logs are maintained for processing payments
  • Update cashflow/liquidity forecasting for the group and its subsidiaries
  • Schedule and monitor the approval of the monthly money movements across the group
  • Conduct the daily cheque processing and cash banking procedures
  • Maintain payments timetable for all the Group, UK, Gibraltar and Guernsey
  • Investigate and resolve queries raised by stakeholders in operational teams across the business
  • Record all Insurance recoveries received and upload onto the relevant Claims system
  • Act as a key contact with the corporate bank (RBS) for operational activity
  • Ensure bank accounts have sufficient funding to enable the business to meet all commitments on time
  • Ensure the business gains optimum return on cash by use of overnight deposits, money markets and shortterm investments
  • Key contact for Operations and responsible for providing them with an efficient service
  • Assist in the preparation of key board reporting packs
  • Understand and use the online banking facility as well as supporting other users of the system across the business
  • Support the other finance teams in transactional investigation
  • Maintain accurate and up to date Process Notes
  • Responsible for the timely and accurate processing of the Treasury inbox, which consists of business enquiries into payment and cash processing
  • Ensure compliance with company and other relevant standards / regulations at all times
  • Maintain department risk registers (as applicable), providing evidence and commentary for controls, updates for Mitigation Actions and maintaining control matrices and attestations

Job-specific competencies

Experience & knowledge

  • Experience of the treasury function and bank reconciliations
  • Experience in performing detailed and complex transactional reconciliation work
  • Strong double entry bookkeeping understanding
  • Solid understanding of the banking requirements and processes
  • High level of emotional intelligence and self awareness

Skills & Qualifications

  • Excellent communication skills, both verbal and written
  • Intermediate Excel skills
  • Good time management and organisation skills, with the ability to meet tight reporting deadlines
  • Problem solving skills, with the ability to identify problems and adopt a logical approach to resolving problems
  • Excellent numeracy skills
  • Strong analytical skills and ability to drive process improvement, based upon analysis of data
  • Work effectively under pressure and think clearly and logically in challenging situations

Behaviours

  • Results driven with a constant eye on the detail and ability to relate role outomes to the customers of the business.
  • Inquisitive nature that allows informal collaboration with other departments and colleagues across the business
  • A driven attitude can measure their own performance through KPI's and deadlines
**What can we do for you?
**We believe we can offer you a great working environment as we're so passionate about our people. Here are just some of the benefits and perks that we offer

  • Fantastic training and development opportunities
  • Employee benefit packages to suit your lifestyle
  • Flexible working
  • YOUday we give you an extra day off to celebrate a special day
  • The opportunity to take a paid day off each year to do charity work
  • A health cash plan
  • Help with travel expenses
  • The opportunity to buy additional holiday
  • Company pension scheme
  • Group life assurance
  • Enhanced maternity and paternity pay
  • Professional subscription fees paid
Employee wellbeing is high on the agenda here too. We provide discounted membership at a local health club and access to an Employee Assistance Pr
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