Product Features
Blog
Contact Us
Sign In
Manpower UK
,
Milton Keynes, Buckinghamshire
Bank Processing Specialist
Overview
Job Description
Manpower are pleased to be recruiting on behalf of our client based in Milton Keynes for a Bank Processing Specialist to join their team. PRIMARY PURPOSE OF THE JOB The role holder reports into the Cashbook Accountant and will be responsible for performing the transactional processing for bank accounts and all payment processes. Performing all daily critical tasks with accuracy and to agreed timelines and service level agreements is paramount. Working collaboratively and internal stakeholder management is important, as close contact with Banking Services and Risk Management is vital in guaranteeing our client offer accurate Agency Bank services to their retailer network. MAIN RESPONSIBILITIES * Daily reconciliation of SAP FI and SAP BCA to enable the processing of all payment and collection runs to the retailer network and ensure that any contracts are posted * Responsible for the processing of all Bank related files including unpaid, rejected, new and amended direct debit Instructions via import and posting, ensuring all queries are dealt with promptly * Manage relationships with all business areas in particular Banking Services and Risk Management, owning the processing of retailer related Bank transactions * Import bank statements and unpaid files to include investigation and allocation of related general ledger transactions * Reconciliation of specific balance sheet GL accounts on a daily and monthly basis * Responsibility for the maintenance and upkeep of various procedures * Report key indicators and management information * Manage individual retailer accounts in conjunction with Credit Managers, managing cash flow with at risk retailers * Act as first point of contact with Banking services, managing a streamlined process for loan activity * Act as technical expert for retailer banking systems in future Bank strategy conversations and project development * Act as a lead project resource for Bank related development, providing management updates at agreed regular intervals * Highlight process failures and recommend streamlined changes to senior managers in operational areas * Ensure Bank processing approach integrity and demonstrate this when liaising with internal and external auditors * Ensure daily KPI's are maintained to enable the reporting of monthly Finance Operations management information to senior management is completed with quality and accuracy. * Investigate all open items on the dealer accounts on a continual basis * Ensure dealer payouts mailbox queries are dealt with promptly * Process daily Sap batches in error * Carry out various payments runs on a weekly basis to support marketing campaigns * Process weekly payment runs for retailer commission payments This role will work closely with the customer facing Front Office departments; Customer Operations, Collections, Fleet and New Business along with, MFS (UK) Ltd, Bank Branch and IT to ensure processes are fulfilled on a daily basis and queries are resolved on time. Cross functional working with Finance Operations and the wider Finance team to support and deliver the Finance objectives. Internal/External Auditors, provide support to ensure all audit related information, investigations are questions are responded to on time. Building strong relationships across the business is essential to ensure the transactional data flow is carried out with quality, accuracy and on time which is paramount to the integrity and performance of our clients business and customer satisfaction. KEY CHALLENGES Utilising effective stakeholder engagement to achieve the best outcome for both the customer and the company. Investigating transactional information across multiple Systems in order to resolve complex customer, Dealer Payout and balance sheet queries EDUCATION, TRAINING AND EXPERIENCE Mandatory * Ability to demonstrate sound accounting/book keeping knowledge * Proficient knowledge of Excel and Office applications. Desirable * Demonstrable knowledge of SAP FI, including Sales ledger, Purchase Ledger, Banking modules and General Ledger management. * AAT qualified or part qualified preferred * Ability to demonstrate an understanding of core aspects of our clients product portfolio and their consequential financial impacts * Good communicator able to collaborate with colleagues at all levels * Organised and able to work flexibly and effectively under pressure in order to meet deadlines * Ability to demonstrate tenacity and drive to investigate and solve problems * Be experienced in the preparation of balance sheet reconciliations, investigation and clearing of outstanding items * Self-motivated and a strong team player, motivated by new challenges * Methodical and disciplined approach to work * Highly numeric with significant financial and commercial awareness * Reliability and accuracy in working practices is necessary If this sounds like the role for you then apply now!