Reconciliations Executive - #2163780

An excellent opportunity has arisen for a Reconciliations Officer to join an established provider of financial services to businesses in Manchester.

You will be responsible for a portfolio of Invoice Finance Reconciliations. Duties include reconciling and balancing sales ledgers and preparing month end reconciliations, new client ledger administration and managing reserves and overdue payments.

Key Responsibilities;

• Effectively manage a portfolio of Invoice Finance customers, undertaking month end reconciliation of the ledgers and providing a consistently high level of service
• Monitor client ledger performance and report adverse trends to Relationship team.
• Set monthly reserves for each client, ensuring that reserves are accurate and transparent to the client.
• Maintain thorough records and provide necessary feedback and reporting to Head of Portfolio Management and Relationship Managers.
• Prioritise completion of high risk graded clients in line with the Month End Reconciliation.
• Maintain regular contact plan for client communication and be available for client queries
• Undertake monthly portfolio risk review of ledgers and provide detailed analysis of results to senior management.

Knowledge/Experience;

• Proven track record of Invoice Finance Reconciliations
• Experience of the risks and issues that can be found in the reconciliation process
• Thorough knowledge of all operational processes
• Confidence to make decisions that may positively/negatively affect clients funding levels
• Knowledge of client sales ledger packages (e.g. Sage) and how to obtain reports from the systems

The ideal candidate will be numerate, diligent and have the ability to work as a member of a team and on one’s own initiative. Experience of Sales Ledger management / bookkeeping experience would be a distinct advantage as would knowledge of the Invoice Finance industry.

In return you will receive a competitive basic salary + additional benefits.