Accounts Assistant

Location Surrey
Discipline: Finance & Strategy
Job type: Permanent
Contact email: aston@weareedenbrook.com
Job ref: J5088
Published: 8 days ago
Edenbrook are working with a private equity backed General Insurer on an Accounts Assistant opportunity. The role will be responsible for reconciling the cash and banking activities for the company, to include preparation of the general ledger journals for the banking accounting entries. Key responsibilities: Cash and Banking: • Working closely with the Team Leader – Cash Operations, ensure timely production of daily bank reconciliations, including the monitoring, reporting and resolution of the ROI banking exceptions. • Responsible for updating the daily Reconciliation Open Interface (ROI) banking Exceptions Report and recording new exceptions requiring action by Claims. • Monitor the Exception details report to ensure Claims meet their SLA’s. • Responsible for the weekly Copart Salvage Returns reconciliation to the bank statement for the company and investigate any discrepancies. • Responsible for the daily bank reconciliation of the company, to include preparation of the general ledger journals for the banking accounting entries and investigate any discrepancies. • To input banking payments • Perform cash updates to business including cashflow, daily collections and account balances. • Responsible for the preparation of Manual cheques for deceased policy holders, Add-On claims and one of supplier payments, including obtaining signatories and distribution within the agreed SLA of 48 hours. This also included maintaining the manual cheque log. • Opening post and distribute accordingly. • Ensure Recovery cheques payable to Third Party Insurers are despatched to Claims accordingly. • Ensure Finance contact Claims weekly to resolve 'missing information' claims cheques returned by third parties • Support the Stop Cheque process and shared report, recording in the cancelled cheque register stopped cheque details. Accounts Payable: • To provide support in processing invoices received into the Accounts Payable mailbox ensuring they are input onto Oracle within 48 hours of receipt. • Liaising with Accounts Payable Accounts Assistant to answer queries received into the Accounts Payable mailbox within 24 hours of receipt. • Processing/Reviewing of the weekly Repairernet. • Processing payments in Oracle for bank exceptions. • Working closely with the Accounts Payable Accounts Assistant to resolve Purchase Order queries. • Support the verification of bank details for new suppliers ensuring controls are adhered to. • Assisting with Accounts Assistant with the customer cheque processes when required. The ideal candidate will have: • A proven track record working in a financial environment is desirable. • Computer literate with a good to intermediate knowledge of MS Excel • Able to communicate at all levels throughout the business.