Financial Administrator - Bristol, United Kingdom - Hughes Price Walker

Description

The Company

A Clifton based independent company of actuarial, consultancy, investment and administration services to the pensions industry is looking for a bright individual to join their team as a Financial Administrator.

General Description
Arrange the timely production of the pension schemes' trustees' annual reports & accounts

Maintain and reconcile accounting records on our QuickBooks system


Qualifications/Experience

• General office experience
• Minimum 8 GCSEs or equivalent at Grade C or above including Mathematics and English (Mathematics minimum of a B)
• Ideally a qualified AAT accounting professional or partqualified accountant
• Experience in drafting annual reports and accounts (preferably for pension schemes)

Skills - Technical

• Good MS Office skills, including Outlook, Word, Excel and PowerPoint
• Basic understanding of occupational pension schemes (preferable but not essential)
• Good QuickBooks (or other accounts software) skills

Responsibilities

• Maintain accounting records on our QuickBooks system for client schemes (currently 18 schemes)
• On receipt of bank statements, reconcile entries to cash flow spreadsheet maintained by scheme administrators. Investigate and resolve any differences
• Reconcile the QuickBooks accounting records to the bank statements for each scheme on at least a monthly basis
• Reconciling investment transactions on monthly basis
• Obtain investment valuations at scheme year end for each client scheme and reconcile value at end of year to starting value and transactions during the year
• Preparing the working papers & reconciliation of investment information received from investment managers and investment custodians and post to QuickBooks
• Analyse and post yearend financial information journals to QuickBooks
• Prepare first draft of scheme accounts in accordance with the Statement of Recommended Practice Financial Reports of Pension Schemes), Occupational Pension Schemes (Disclosure of Information) Regulations and Scheme accounting policies
• Coordinate with scheme auditors to ensure timely completion of annual audit and act as first point of contact for the resolution of auditors' queries
• Liaising with and maintaining effective professional relationships with third parties including consultants, trustees, actuaries, investment managers and auditors
• Prepare final version of scheme accounts for signing by trustees of client scheme and auditors
• Maintain schedule of client scheme accounts showing position on current year's accounts and, in particular, to monitor progress towards completion within the statutory deadline of seven months after scheme yearends
• Ensuring best practice staying updated with regulations

Job Type:
Part-time


Salary:
£20,000.00-£25,000.00 per year


Work Location:
In person