Bank Reconciliation Assistant

Cortland; Leeds; On-site; GBP 25,000 - 35,000; Full time

Job summary

A leading property management firm is seeking a Bank Reconciliations Assistant to perform reconciliations and collaborate with various departments. The ideal candidate will have a degree in Accountancy and strong problem-solving skills. This role requires detail orientation and proficiency in Excel, with opportunities to contribute to a thriving workplace environment. Join us in Leeds to help clients manage their properties effectively.

Qualifications

• Degree in Accountancy or qualifications from professional accounting or a related field.
• Possess knowledge of general accounting principles.
• Demonstrate the required skill to perform detailed work accurately and promptly.
• Exemplify good communication skill with others.
• Display problem-solving skill under deadlines.
• Proficiency in Excel.

Responsibilities

• Perform regular bank reconciliations.
• Support month end reconciliation duties.
• Identify and resolve discrepancies.
• Review and verify transactional data.
• Maintain accurate reconciliation records.
• Investigate and report anomalies.
• Collaborate with internal stakeholders.
• Monitor suspense account movements.

Skills

Attention to detail

Communication skills

Problem-solving skills

Proficiency in Excel

Education

Degree in Accountancy or related field

Tools

MRI QUBE

Job description

Role Overview

Role: Bank Reconciliations Assistant

Reporting to: Banking Team Lead

Location: Leeds

Company Overview

At Anthem Management, you map the story of your success. As one of the largest block property managers in the UK, hundreds of clients look to us to expertly manage their properties and tens of thousands of residents trust us to help them enjoy their homes. With roots in customer service and a relentless focus on the needs of our clients, our approach to block management prioritises getting the basics right whilst providing a great level of service.

Role Responsibilities

The Bank Reconciliation Assistant reports to the Banking and Billing Team Leader (Block). Primary responsibilities include but not limited to:

• Perform regular bank reconciliations: Match and compare financial transactions recorded in the company's accounting system with corresponding entries in bank statements to identify any discrepancies.
• Support with month end reconciliation duties.
• Identify and resolve discrepancies: Investigate and analyse any differences between the company's records and bank statements. Work closely with internal departments, such as accounts receivable and accounts payable, to resolve outstanding items and reconcile accounts.
• Review and verify transactional data: Scrutinize financial transactions, including deposits, withdrawals, checks, and electronic transfers, to ensure accuracy and completeness.
• Maintain accurate records: Update and maintain comprehensive and up-to-date reconciliation records, including supporting documentation and transaction details. Keep track of outstanding items and ensure their timely resolution.
• Investigate and report anomalies: Identify any unusual or suspicious transactions and report them to the appropriate management personnel or compliance officers for further investigation.
• Collaborate with internal stakeholders: Liaise with various departments, such as finance, treasury, and operations, to gather relevant information and resolve outstanding reconciliation items. Foster effective communication and maintain strong working relationships.
• Monitor the Suspense account movements and reconciliation.
• Monitor the suspense accounts to ensure outstanding items are cleared within given time scales.
• You have a knack for communicating with a wide range of roles and personalities – everyone always knows what’s going on and is on the same page!
  
  

YOUR BUILDING BLOCKS OF SUCCESS

• Degree in Accountancy or qualifications from professional accounting or a related field.
• Possess knowledge of general accounting principles and workings of the banking systems.
• Demonstrate the required skill to perform detailed work accurately and promptly.
• Exemplify good communication skill and ability to communicate professionally with others both verbally and in writing.
• Display problem-solving skill even under stressful conditions and deadlines.
• Proficiency in Excel.
• MRI QUBE Experience is desirable.
• Able to manage own time effectively.
  
  

THE ANTHEM DIFFERENCE

At Anthem Management, we put our clients first and enjoy the part we play in helping their buildings thrive. Our diverse and talented team is what makes us great and keeps us at the forefront of the industry. We would be delighted to have you join us on this exciting journey.

Anthem Management is an equal opportunities employer.