Bank Reconciliation Manager

TN United Kingdom; Leeds; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

An innovative company is seeking a Bank Reconciliation Manager to oversee the reconciliation processes for its designated region. This role involves leading a team, ensuring compliance with accounting policies, and driving improvements in efficiency and accuracy. You will play a crucial part in maintaining robust audit trails and reporting on key performance indicators. With a strong focus on career development and diversity, this organization offers a supportive environment where your contributions will be valued. Join a forward-thinking team and make a significant impact in a dynamic financial landscape.

Benefits

Discretionary Annual Bonus

Flexible Benefits

Free Parking

28 Days Holiday

On-Site Facilities

Wellbeing Support

Qualifications

• Experience managing a team in a high-volume processing environment.
• Qualified accountant or equivalent experience.

Responsibilities

• Govern the end-to-end bank reconciliation process for the designated region.
• Support process improvement and manage KPIs & SLAs.

Skills

Team Management

Data Analysis

Risk Identification

Process Improvement

Education

Qualified Accountant

Experience in High-Volume Processing

Job description

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Location: Leeds, Thorpe Park, Hybrid working.

Job Title: Bank Reconciliation Manager

As Bank Reconciliation Manager, you will govern the end-to-end bank reconciliation process for your designated region within the Group. You will manage a team of Bank Reconciliation Assistants; reviewing bank reconciliations within the scope of the role that are regularly performed on all of the Group’s bank accounts, liaising with other teams across finance to ensure end-to-end bank processes are appropriate, and integrating any new entities and bank accounts into the process.

Accountabilities and Responsibilities:

1. Manage the Admin/own/office/collection accounts bank reconciliation process for the assigned region within the Group.
2. Support end-to-end process improvement by working with other Bank Reconciliation Managers, Head of Bank Reconciliation External Reporting, Accounts Receivable, Accounts Payable, Record to Report, and other relevant teams to ensure processes are appropriate and effective.
3. Support the Head of Bank Reconciliation in providing a robust and industry-leading reconciliation and control environment, ensuring timely follow-up and remediation work where necessary.
4. Provide support to internal, external, and client audits, ensuring robust audit trails and evidence are maintained.
5. Monitor and report KPIs & SLAs, create monthly dashboards, and provide management information as required.
6. Ensure all accounting and other policies and practices are adhered to, facilitating clear and simple evidence for all interested third parties.

What we need from you:

• Experience managing a team within a high-volume processing environment is essential.
• Qualified accountant or qualified by experience.
• Ability to interrogate/analyze large data sets.
• Identify risks, adopting a ‘no surprise’ approach, ensuring issues are highlighted/escalated timely.
• Improvement mindset and proactive attitude.

A mission that gives back:

At Lowell, we focus on helping colleagues develop their careers and grow with us. We value diversity and encourage all qualified candidates to apply, regardless of culture, gender identity, religion, ethnicity, age, neurodiversity, or disability.

Our benefits include:

• A discretionary annual bonus.
• 3% flexible benefits; choose additional benefits or take as cash monthly.
• Free parking at the office and home workspace.
• 28 days holiday plus public holidays, with up to 5 additional days purchasable.
• Culture with perks including self-development, recognition awards, and on-site facilities.
• Wellbeing support, webinars, and mindfulness classes.