Operations Consultant

Quest Oracle Community; Bromley; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Private healthcare

Pension plan

Life assurance

Group income protection

26 weeks maternity leave

16 weeks paternity leave

Wellbeing resources

Job summary

Bank of America UK is seeking an Operations Consultant - Leasing in Bromley to join the Cash and Reconciliation team, responsible for daily cash management, reconciliations, and billing processes, ensuring strong control environment and timely resolution of exceptions.

The role requires extensive experience in billing, accounts payable and receivable, and reconciliation, with advanced Excel and ability to leverage AI tools to boost productivity and decision-making.

Qualifications

• Experience in billing, accounts payable & receivable and reconciliation processes required.
• Ability to leverage Microsoft Copilot and other approved AI tools to improve productivity and decision-making.
• Strong analytical and problem-solving skills, with excellent attention to detail.
• Ability to manage multiple priorities and meet deadlines.
• Strong communication and stakeholder management skills.
• Advanced Microsoft Excel skills.

Responsibilities

• Monitor daily cash positions and funding requirements.
• Post cash into System of Records and General Ledger via Manual Journal Entry.
• Prepare and process monthly direct debit collections files.
• Perform daily, weekly, and monthly General Ledger reconciliations.
• Investigate and resolve reconciliation exceptions within service levels.
• Escalate ageing breaks and high-risk items as needed.
• Maintain reconciliation records and supporting documentation.
• Generate, validate, and process customer billing and invoicing activities per contracts and SLAs.
• Identify opportunities for process automation and efficiency gains.

Skills

Analytical skills

Attention to detail

Stakeholder management

Excel skills

Communication skills

Problem solving

Ability to manage priorities

Tools

ALFA Lease Management System

Oracle Cloud Application

Job description

Job Description

Job Title

Operations Consultant - Leasing

Corporate Title

Assistant Vice President

Location

Bromley

Company Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Location Overview

Join our bustling Bromley office, situated in one of London's greenest boroughs. Here you'll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description

The Cash and Reconciliation team is responsible for the daily reconciliation of cash, transaction, and account activity across multiple systems and bank accounts. The role ensures timely identification, investigation, and resolution of exceptions while maintaining a strong control environment and supporting operational excellence.

Responsibilities

Cash Management

• Monitor daily cash positions and funding requirements.
• Responsible for daily monitoring of the Leasing bank accounts, identifying and posting cash into the system of records and General Ledger via Manual Journal Entry.
• Preparing and processing monthly direct debit collections files.

Reconciliations

• Perform daily, weekly, and monthly General Ledger account reconciliations.
• Investigate and resolve reconciliation exceptions within agreed service levels.
• Escalate ageing breaks and high-risk items appropriately.
• Maintain reconciliation records and supporting documentation.

Billing & Invoice Management

• Generate, validate, and process customer billing and invoicing activities in accordance with contractual terms and service level agreements.

Process Improvement

• Identify opportunities for process automation and efficiency gains.
• Contribute to reducing manual intervention and operational risk.

What we are looking for

Experience in billing, accounts payable & receivable and reconciliation processes required.

Demonstrated ability to leverage Microsoft Copilot and/or other approved AI tools to improve productivity, analyse operational data, streamline investigations, and support decision-making.

• Strong analytical and problem-solving skills.
• Excellent attention to detail.
• Ability to manage multiple priorities and meet deadlines.
• Strong communication and stakeholder management skills.
• Advanced Microsoft Excel skills.

Skills that will help

• Knowledge of the ALFA Lease Management System and Oracle Cloud Application
• Collaboration
• Attention to Detail
• Customer and Client Focus
• Prioritization
• Problem Solving

Benefits of working at Bank of America UK

• At Bank of America, we strive to prioritise employees' health and wellbeing - it's what makes us a Great Place to Work.
• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men's health, women's health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.