Job Vacancy – Reconciliations Controller – Invoice Finance – Manchester – M2 Recruitment
An excellent opportunity has arisen for a Reconciliations Controller to join an established provider of financial services to businesses in Manchester.
You will be responsible for a portfolio of Invoice Discounting Reconciliations. Duties include reconciling and balancing sales ledgers and preparing month end reconciliations, new client ledger administration and managing reserves and overdue payments.
Key Responsibilities:
* Effectively manage a portfolio of Invoice Discounting customers, undertaking monthly reconciliation of the ledgers and providing a consistently high level of service.
* Take an active role in the onboarding of new clients, helping to familiarise clients with month end reconciliation processes.
* Set monthly reserves for each Invoice Discounting client, ensuring that reserves are accurate and transparent to clients while avoiding over-funding due to incorrect reserves.
* Maintain a regular contact plan for client communication and be available for client queries.
* Analyse ledgers where reconciliation is not possible and find the underlying cause/reason.
* Undertake monthly portfolio risk review of ledgers and provide detailed analysis of results to senior management.
Knowledge/Experience:
* Proven track record of Invoice Discounting Reconciliations.
* Experience of the risks and issues that can arise in the reconciliation process.
* Thorough knowledge of all operational processes.
* Confidence to make decisions that may positively or negatively affect clients' funding levels.
* Knowledge of client sales ledger packages (e.g. Sage) and how to obtain reports from the systems.
The ideal candidate will be numerate, diligent, and have the ability to work as a member of a team and on one’s own initiative. Experience in Sales Ledger management or bookkeeping would be a distinct advantage, as would knowledge of the Invoice Finance industry.
Salary/Benefits:
In return, you will receive a competitive basic salary plus additional benefits.
For more information about this role or any of our vacancies, call 01625 522 774 or email jobs@m2recruit.co.uk.
#J-18808-Ljbffr