Finance Administrator

The Ardonagh Group; Cheltenham; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services company is looking for a Finance Administrator in Cheltenham to provide accounts support and manage credit control processes. The role involves ensuring timely collections, resolving queries, and producing monthly statements. Successful candidates will have proficiency with Microsoft Office and strong organizational skills, among other qualifications.

Benefits

Standard benefits package

Qualifications

• Knowledge of regulatory framework in financial services.
• Proficient in Microsoft Office applications.
• Organized and able to manage multiple tasks.

Responsibilities

• Chase outstanding premiums and maintain credit control.
• Produce monthly broker statements and handle queries.
• Investigate and resolve unsettled insurer premiums.

Skills

Sound knowledge of regulatory framework

Proficient with Microsoft Office

Experience with Acturis, Open GI, OLY

Strong organizational skills

Excellent attention to detail

Good communication skills

Job description

Overview

As Finance Administrator you will provide accounts support across the division, as well as the central finance functions; and contribute to the achievement of our financial and business objectives.

This role plays a key part in mitigating risk to the business by managing healthy cash flow through timely collections communications, maintaining accurate system records and delivering effective query resolution to our internal and external stakeholders.

Responsibilities

• Chase outstanding premiums using telephone, letters and email, ensuring the end-to-end credit control process is adhered to in line with SLA, and kept within targeted thresholds.
• Produce and issue the monthly wholesale broker statements and be a point of contact for statement queries and resolutions.
• Work with the Cash Posting Allocations team and key stakeholders to resolve unallocated cash and ensuring payments are allocated promptly.
• Support the Contact Centre/Trading teams with the refunds process, checking requests submitted, and directing them to the IBA refunds team for processing.
• Support the IBA Bordereau Team with the production of monthly premium Bordereaux in line with insurer requirements and resolving related queries.
• Investigate and resolve unsettled insurer premiums to ensure timely payment.
• Collaborate with peers to maintain the Team inbox and Business Support log, journalling premiums, checking payments/refunds dates for stakeholders within the contact centre, and resolving ad-hoc financial queries.
• Ensure all supplier invoices are processed as per the company policy on D365.

Qualifications and Skills

• Sound knowledge and experience of regulatory / legislative framework within the financial services market.
• Proficient with Microsoft Office applications and tools.
• Experience working with Acturis, Open GI, OLY is desirable.
• Strong organizational skills, with the ability to manage multiple tasks and priorities simultaneously.
• Highly organised, self-motivated and able to work unsupervised in a proactive manner with a problem-solving mindset.
• Excellent attention to detail and numerical accuracy.
• Excellent analytical and problem-solving skills, with the ability to translate complex financial information into meaningful insights.
• Good communication and presentation skills, with the ability to convey financial concepts to both financial and non-financial stakeholders.
• Ability to work collaboratively in a team environment and build positive working relationships.

Notes

Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received. No Agencies please.

We are an equal opportunities employer with a growing diversity, equity and inclusion strategy; we are committed to a working environment that is inclusive and empowers our people to reach their full potential.

If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.

Click here here to see our standard benefits page