Cash and Bank Specialist

Magnet; Leeds; On-site; GBP 23,000 - 29,000; Full time

Benefits offered by this job

Volunteer day

Discounts

Retail Trust

Wellbeing support

Cycle to work

Collaborative culture

Job summary

Magnet is seeking a Cash and Bank Specialist in Leeds to join our Finance team. You will manage daily cash and banking transactions, process customer refunds, complete reconciliations, and support cash forecasting, ensuring accuracy and strong controls in a fast‑paced retail environment.

The role offers a collaborative environment, 39 hours a week, and benefits such as paid volunteer days, industry discounts, wellbeing support, cycle-to-work, and access to Retail Trust make this a rewarding role

Qualifications

• Finance, banking, treasury or cash management experience would be advantageous.
• Strong numerical and analytical skills.
• Attention to detail and ability to meet strict deadlines.
• Good knowledge of Microsoft Excel/finance systems and stakeholder communication.

Responsibilities

• Manage daily cash and banking transactions accurately and on time.
• Process customer refunds and finance-related payments per SLAs.
• Complete bank and balance sheet reconciliations and resolve outstanding items promptly.
• Investigate cash discrepancies and escalate/resolved issues efficiently.
• Support cash forecasting and reporting activities.
• Build strong relationships with store teams, finance teams and external partners to deliver excellent service.
• Maintain robust financial controls and ensure compliance with company policies.

Skills

Numerical skills

Analytical thinking

Attention to detail

Excel proficiency

Communication skills

Tools

Microsoft Excel

Finance systems

Job description

Role:Cash and Bank Specialist

Location: Leeds

Hours: 39

Salary: £26,000

We're looking for a Cash & Banking Specialist to join our Finance team and play a key role in keeping our cash and banking operations running smoothly. Working as part of a collaborative Finance team, you'll be responsible for maintaining accurate financial records, reconciling transactions, processing customer refunds, and supporting effective cash controls. This is a fantastic opportunity for someone with strong attention to detail and a passion for delivering accuracy and efficiency in a fast-paced environment.

What’s in it for you?

• Paid volunteer day
• Fantastic company discounts: Up to 80% off our stylish kitchen ranges and products
• Access to Retail Trust
• Wellbeing support: Access to our virtual GP service and employee assistance platform 24/7
• Lifestyle perks: Cycle to work scheme and savings on hundreds of top brands via our benefits app
• A collaborative culture built on care, inclusion, and continuous improvement

What you’ll be doing:

• Managing daily cash and banking transactions accurately and on time
• Processing customer refunds and finance-related payments in line with agreed service levels
• Completing bank and balance sheet reconciliations and resolving outstanding items promptly
• Investigating cash discrepancies and ensuring issues are escalated and resolved efficiently
• Supporting cash forecasting and reporting activities
• Building strong relationships with store teams, finance teams and external partners to deliver a great service
• Maintaining robust financial controls and ensuring compliance with company policies and procedures

Who we’re looking for:

• Previous experience in a finance, banking, treasury or cash management role would be desirbale
• Experience completing reconciliations and investigating discrepancies would be beneficalStrong numerical and analytical skills
• Attention to detail with the ability to work to strict deadlines
• Good knowledge of Microsoft Excel/finance systems
• Strong communication skills with the ability to communicate to a range of stakeholders
• A proactive approach to problem solving and continuous improvement

Why choose Magnet?

At Magnet, we bring over 100 years of heritage, but our focus is firmly on the future.
As the UK’s leading kitchen specialist, our success is driven by the expertise, insight and innovation of our people.

We are a company M.A.D.E by our values. We Make room for everyone, Aim to be brilliant, Do the right thing, and Explore with curiosity every day. These values shape how we work, support customers, and helps create an environment where everyone can grow, contribute and thrive. If these values resonate with you, we'd love you to be part of our team.

We’re in the middle of an exciting transformation, with a real opportunity to shape how we work, grow and deliver for our customers.

We’re committed to building a diverse and inclusive workplace. If you require any reasonable adjustments during the recruitment process, please let us know.