Senior Reconciliations Administrator

Our client has an opening in the Reconciliation team within the Finance Department on the Isle of Man. Reporting to the Reconciliations Manager, this position will be primarily responsible for the reconciliation of bank accounts and internal control accounts, including the investigation and clearance of outstanding items. The successful candidate will engage in the reconciliation and processing of money in and out of bank accounts in accordance with the established control timetable. Preparation and production of month-end packs for sign-off will be required, ensuring adherence to month-end accounting deadlines. The role includes the reconciliation of the company’s control accounts to verify that entries are posted accurately and efficiently. Daily tasks will involve downloading reports from various banks and internal systems, along with daily journaling on the systems in use. Furthermore, the individual will review and identify issues and support any necessary process or systems developments, working collaboratively with teams across the business to identify and resolve reconciling items.

Job Duties:

• Reconcile and process money in and out of bank accounts in accordance with the control timetable.
• Prepare and produce month-end packs for sign-off aligned with month-end accounting deadlines.
• Reconcile the company’s control accounts to ensure accurate posting of entries.
• Download daily reports from various banks and internal systems.
• Perform daily journaling on various systems.
• Review and identify issues, supporting any required process or system developments.
• Collaborate with teams across the business to identify and clear reconciling items.

Job Requirements:

• A minimum of 4 years’ experience in a reconciliations or finance-related role, ideally within the Life Assurance Industry. Transferrable skills will be considered.
• Working knowledge of accounting systems, policy administration systems, and related processes, including error resolution.
• Ability to work independently as well as part of a team.
• Proficient working knowledge of Excel.
• Capability to ensure items are cleared accurately and within set timescales.

What You’ll Love:

This role provides an excellent opportunity to be an integral part of a dynamic finance team, contributing to the effective management of financial processes. You will gain invaluable experience and enhance your skills in a supportive and collaborative environment that values professional development. Our client is committed to fostering an atmosphere of growth and learning, ensuring you have the resources and opportunities to thrive in your career.

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