Job reference: 322268
Position: RMPP Finance Administrator
Compensation: Potential bonus of £1,200 per annum (paid quarterly), 25 days annual leave, plus bank holidays, and a company pension scheme with highly competitive contribution rates.
Employment Type: Permanent, Full time
Location: Royal Mail, Pond Street, Sheffield, S98 6HR. This role requires you to attend our Sheffield office 2/3 days each week.
Are you looking for a career that delivers more? We’re looking for a talented Finance Administrator to help shape the next part of our 500-year story and ensure our award-winning Pensions Service Centre delivers the outstanding service our members deserve and expect. There’s never been a better time to join us.
About the role
You will deliver the pensions finance service to the Royal Mail Pension Plan, ensuring compliance with financial reporting standards, Trustee Contracts, and the specified Service Levels in contractual agreements with Plan Trustees.
You will:
1. Take responsibility for the Daily BACS Payments reconciliation, processing payments and receipts in the Accounting Ledger.
2. Complete reconciliation and analysis of payroll processes, including accounting for Pay & Tax adjustments and accruals for suspended pensioners.
3. Undertake daily monitoring of the Bank Accounts, their reconciliation, and monthly monitoring of the funding position.
4. Compile Monthly Financial reporting with associated balance sheet reconciliations, monitoring and resolution of queries on a timely basis.
5. Deliver the product to agreed service and quality standards, in accordance with Plan rules and HRS service specification.
6. Play a full part in developing and delivering continuous improvement activities in accordance with our PASA Gold Standard and Continuous Improvement frameworks.
7. Develop and maintain positive, effective, and professional working relationships with customers, clients, stakeholders, and Royal Mail colleagues, delivering consistently excellent value-added service.
About you
You should have:
1. Educated to at least A level standard with strong English Language and Mathematics at GCSE level (grades C to A*).
2. 2 years’ Accounting experience covering processing of payments & receipts processing and general ledger transactions.
3. Possess or be willing to study for a professional finance qualification (at least AAT Level 2 and ideally working towards Level 3).
4. Ability to use Microsoft Excel & Word, with an aptitude for using Advanced Excel features and Access.
5. A desire to focus on continual improvement.
6. Ability to handle complex reconciliations, including Bank Accounts, and tenacity to ensure queries are resolved.
Benefits
* Family friendly support: Enhanced maternity pay, paternity leave, adoption leave, and shared parental leave.
* Discounts and offers: More than 800 offers to help you save on groceries, days out, holidays, and household bills.
* Supportive and generous sick pay.
* Your Wellbeing: 24/7 access to services and tools to help you get the most out of life. From physical and mental health to financial and social support and advice.
Next Steps
Closing Date: Sunday 9th February. Please note, this advert may close early if the appropriate number of applications has been reached.
The next stage of the selection process will be a face-to-face/virtual interview consisting of competency-based and role-specific questions.
Trust forms the foundation of everything we do in Royal Mail. We want to be transparent about the qualities we are looking for and build trust from the very beginning of your journey with us. The first step is your interview, and we mean ‘your’ interview. We will provide you with your interview questions ahead of the interview to enable you to prepare.
We don’t expect every candidate to meet the full criteria for the role. If your experience looks a little different from the job requirements, but you feel you have the relevant skills to bring value to the role, we’d love to learn more about you.
Royal Mail is proud of our diverse employee network groups and the active role they play to support belonging and encourage a positive work environment. We are firmly committed to inclusion and passionate about our people representing the communities we serve.
We are happy to support your need for any adjustments during the application and hiring process. Please share the details within your application if required.
We are Forces family friendly and a Gold signatory to the Armed Forces Covenant. We welcome applications from ex-Armed Forces personnel, reservists, veterans, cadet instructors, and military spouses/partners.
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