Finance Assistant - Vitae Financial Recruitment Limited : Job Details

Job Title: Finance Assistant (6-Month FTC)Salary: £28,000 - £30,000Location: Borehamwood (1 Day Per Week in Office)Our client is seeking a dedicated Financial Administrator for a 6-month fixed-term contract to join its dynamic team. This role is pivotal in ensuring the accuracy and efficiency of our bank reconciliations and financial processes.Key Responsibilities:* Take ownership of various bank reconciliations, ensuring alignment between bank statements and the general ledger.* Prepare comprehensive month-end journals for designated companies.* Download daily bank statements from Barclays, RBOS, and NatWest.* Resolve outstanding entries on monthly bank reconciliations, collaborating with other departments as needed.* Handle daily direct debit collections and manage any rejected direct debits.* Process and reconcile claim payment files on a daily basis.* Address and resolve issues related to BACS payment rejections, unpaid direct debits, failed payments, and stop payments.* Perform daily reconciliation of specific accounts using our bank reconciliation system.* Provide support and cover for the purchase ledger team.* Undertake additional tasks related to the Finance Operations section as directed by the Manager - Banking & Premium Reconciliations or the Senior Finance Manager - Operations.Ideal Candidate Will Have:* Proven experience in bank and ledger reconciliation.* Demonstrated ability to implement process improvements in a finance environment.* Strong Excel skills, including experience with pivot tables.* Excellent verbal and written communication skills.* Effective at resolving queries and addressing issues.* Comfortable working under pressure and meeting tight deadlines.* Ability to work both independently and as part of a team.* Exceptional organisational skills with the ability to manage and prioritise multiple tasks.Essential Qualifications:* Understanding of double-entry bookkeeping.* Recent hands-on experience with high-volume bank reconciliations.* Proficiency in Excel, including lookups and pivot tables.Desirable Qualifications:* Previous experience in a similar role within the insurance industry.* Some experience with data analysis.* Solid bookkeeping experience.Vitae Financial Recruitment Ltd is acting as an Employment Business in relation to this vacancy.