Bank Reconciliation Assistant

ROLE PROFILE: BANK RECONCILIATION ASSISTANT Ruislip

Monday to Friday 9-5.30

I am recruiting for a Bank Reconciliation Assistant for a well established / growing company to support the Finance Team in developing a strong and seamless relationship between Finance and all parts of the business.

Adopt a flexible approach to duties and time in order to help the finance department achieve its main goals and objectives including the creation of a positive working environment within the finance office.

1. Cash Flow Management: Monitor and report group bank balances, perform HSBC liquidity transfers, and ensure funds are available for payments.
2. Reconciliation: Perform daily, weekly, and monthly reconciliations, including cashmasters, bank transactions, credit cards, petty cash, VAT, and related balance sheet reconciliations.
3. Financial Reporting: Prepare weekly sales reports, month-end bank balances, and annual bank statements for audit purposes.
4. Transaction Management: Post transactions in Sage (e.g., transfers, payments, rental income, and journals) and manage intercompany transactions.
5. Issue Resolution: Investigate and resolve discrepancies in cash shortages, G4S/Vaultex queries, and other banking matters.
6. Supplier and Payment Management: Process payment transfers, manage cheques, and obtain quotes for banking and loan-related matters.
7. Ad-Hoc Support: Assist with bank account setup, responding to queries, and updating schedules for HSBC and loans.

Skills and Knowledge required

• A solid understanding of general bookkeeping principles, including the purpose of bank reconciliation reporting.
• Experience working in high-volume, high-value, multi-bank account environments.
• IT literate, with advanced Excel skills and proficiency in financial software such as Sage.
• Excellent communication skills, with the ability to engage effectively with both financial and non-financial stakeholders.
• Strong organisational skills and attention to detail, ensuring accuracy in financial reporting and reconciliations.
• High level of self-motivation and drive, with a proactive approach to problem-solving.

Flexibility to work under pressure and meet tight deadlines.