Finance Administrator

Confidential; Olney; On-site; GBP 27,000 - 32,000; Full time

Benefits offered by this job

AAT qualification support

System training on loan platforms

Career development in finance

Supportive finance team

Job summary

Confidential in Olney is seeking a Loan Administration & Finance Administrator to join a busy finance team, taking responsibility for administering customer loan agreements from initial setup through to settlement and closure.

This varied role offers the opportunity to develop knowledge of lending and financial services, work with specialist systems and potentially work towards an AAT qualification with support from the business.

Qualifications

• Previous administration experience in lending/financial services.
• Strong numerical ability and confidence with financial data.
• Excellent attention to detail and a methodical approach to work.
• Good communication and organisational skills.

Responsibilities

• Set up and process new loan agreements, verify details and schedules.
• Prepare and issue customer agreements, statements and payment schedules.
• Maintain accurate customer and agreement records throughout the lifecycle.
• Process amendments and calculate settlement figures; respond to queries.
• Manage end-of-term settlements and account closures.
• Check payments, balances and charges for accuracy.
• Support reporting, reconciliations and audit information.
• Identify discrepancies and help improve processes.

Skills

Numerical skills

Attention to detail

Organisational skills

Communication skills

MS Office (Excel/Word)

Education

AAT qualification (desirable)

Tools

Sage

Loan management systems

Job description

Loan Administration & Finance Administrator
Location: Olney
Salary: 27-32 K DOE
Hours: 9.00 - 5.30

Are you organised, accurate and comfortable working with financial information? Do you enjoy getting stuck into the detail, keeping things running smoothly and making sure everything is where it should be?
We're looking for a Loan Administration & Finance Administrator to join a busy finance team, taking responsibility for the administration of customer loan agreements from initial setup through to settlement and closure.

This is a varied role offering the opportunity to develop your knowledge of lending and financial services, work with specialist finance systems and potentially work towards an AAT qualification with support from the business.

What will you be doing?

You'll play an important part in keeping the loan administration process running efficiently, making sure customer agreements and financial records are accurate and up to date.

Your responsibilities will include:

• Setting up and processing new loan agreements, checking customer details, figures, repayment schedules and supporting documentation.
• Preparing and issuing customer agreements, statements, payment schedules and other financial correspondence.
• Maintaining accurate customer and agreement records throughout the loan lifecycle.
• Processing amendments, calculating settlement figures and responding to customer and internal queries.
• Managing the administration of agreements reaching the end of their term, including settlements and account closures.
• Checking payments, outstanding balances and charges to ensure everything is correct.
• Supporting the finance team with reporting, reconciliations and audit information.
• Identifying discrepancies, investigating issues and helping improve administrative processes.

What are we looking for?

We're interested in someone who has a good head for figures, takes pride in getting things right and enjoys working in a structured administrative role.

Ideally, you'll have:

• Previous administration experience, within lending, financial services, banking, asset finance or a similar environment.
• Good numerical skills and confidence handling financial information.
• Excellent attention to detail and a methodical approach to your work.
• Strong organisational skills and the ability to manage competing priorities.
• Good communication skills and the confidence to deal with queries professionally.
• Experience using Microsoft Office, particularly Excel and Word.
• A responsible approach to handling confidential customer and financial information.

Experience with loan management systems, Sage or contract administration would be an advantage, but isn't essential.

What's on offer?

• A varied role within an established finance function.
• Training on specialist loan management systems and internal processes.
• Support and training towards an AAT qualification, should you wish to pursue one.
• The opportunity to build your experience and develop within finance and financial services.