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Finance Reconciler

Job description

Finance Reconciler

Salary: £30,000 - £35,000

Full Time Permanent

Location: Remote working, must be able to travel to office once a week

The Company

A leading and rapidly expanding insurance group who have benefitted from a string of successive achievements and impressive accolades, including 42 award wins in the last three years alone, a Gold Standard award from Investors in People and Extraordinary status in The Sunday Times 100 Best Company to Work For, for four years running.

Job Description

The role as a Finance Reconciler is to manage the end to end process of the departmental budget, including income and spend. The role is based within leading a motor insurance company in the service and supply team who deal with the vehicle repair process.

Responsibilities:

  • Contribute to annual budget forecast based on previous years' performance, policies in force (PIF) and claims frequency.
  • Report on monthly conversions of suppliers against volume of instructions.
  • Monitor and control reconciliation of referrals against income.
  • Produce monthly "flash forecast" based on actual volume of instructions against forecast targets
  • Reconciliation using data from business comparing and identifying variances with supplier data.
  • Ensure revenue is accurate, identifying work in progress, ensure WIP updated and revenue accounted for in future periods.
  • Report on monthly revenue against forecast plan within SLA, illustrating variance against budget.
  • Undertake trend analysis of performance against target and provide meaningful commentary to illustrate movement

. The role includes some people management with opportunity to mange more in the future

  • Review, manage and process your own responsibilities daily in line with SLA's.

The Successful Applicant:

  • Experience in financial accounting

. Previous experience of forecasting and reporting

. Strong reconciliations and budgeting experience

. Excellent numeracy and Excel skills

. Ideally an understanding of insurance industry but not essential

. Able to work to tight deadlines

  • Great organisational skills and the ability to plan and prioritise work as necessary

What's on Offer?

Competitive base salary of £30,000 - £35,000 dependant on experience.

We offer 33 days holiday (inc Bank Holidays) with the ability to buy and sell more days. We have a 5% contributary pension scheme, health and wellbeing support, life assurance which is 4x annual salary, and a whole online portal full of individual benefits including retail discounts, memberships, discounted restaurants, cinema tickets and much more.

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