Accounts Assistant - Cash Operations
Here at esure, we’re no strangers to change. As one of the industry leaders in the insurance business, striving to become a world class digital insurer, we’re getting ready for more. It’s creating great new opportunities for innovative and talented industry professionals to join us at a pivotal point in our development.
Job DescriptionWe are currently recruiting for an Accounts Assistant to join our cash operations function. The successful individual will be sat in-between Cash Operations and Accounts Payable, being task with various responsibilities and assisting the wider finance teams with day to day tasks.
This is a great role for someone looking for their first Finance or Accounts position, no previous finance experience required.
Detailed accountabilities:
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.
- Supervise the Exception details report to ensure Claims meet their SLA’s.
- Tasked with weekly Copart Salvage Returns reconciliation to the bank statement
- Responsible for the daily bank reconciliation of esure Insurance, to include preparation of the general ledger journals for the banking accounting entries and investigate any discrepancies.
- To input banking payments using Barclays.Net.
- Perform cash updates to business including cashflow, daily collections and account balances.
- Handle 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 dispatched 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 requested through Barclays iPortal.
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.
- Collaborating closely with Accounts Payable Accounts Assistant to answer queries received mailbox within preset SLA's.
- Processing/Reviewing of the weekly Repairernet.
- Processing payments in Oracle for bank exceptions.
- 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.
Decision making authority:
- Ensuring all internal departments adhere to all associated controls and procedures.
- Reconciling bank statements and highlighting any potential problems to the Team Leader – Cash Operations or Finance Systems & Operations Manager
- Resolving actions to be taken in response to identifying a suspected fraud attempt and/or the receipt of intelligence of financial crime.
We would love to hear from you if you have:
- A proven track record working in a financial environment is desirable.
- Computer literate with a good to intermediate knowledge of MS Excel
- Must be pro-active, self-motivated, and able to work on own initiative with minimum supervision.
- Strong time management and organisational skills
- Able to communicate at all levels throughout the business.
- An eye for detail is crucial within the role.
- Quick and efficient worker, fast turnover of work
This is your opportunity to shape our game-changing journey and be part of something truly special! And to top it off, here are some perks to life at esure…
Reference: 53920981
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