Reconciliations Analyst

TN United Kingdom; City of Edinburgh; On-site; GBP 30,000 - 50,000; Full time

Job summary

Join a forward-thinking company as part of the Reconciliations Team in the Life & Pensions business. This role is crucial for ensuring accurate transaction accounting and timely financial reporting. You will complete daily bank reconciliations, resolve discrepancies, and support month-end processes. The culture promotes positive change and development, making it an ideal place for personal and career growth. With a focus on customer service and operational excellence, this innovative team is dedicated to transforming client operations and delivering best-in-class service.

Benefits

31 days holiday including Bank Holidays

Annual discretionary bonus scheme

Opportunities for personal and career development

Access to Perks at Work

Cycle to Work Scheme

Interest-free Season Ticket loans

Wellbeing programmes

Contributory pension scheme

Group Life Assurance

Income Protection

Qualifications

• Experience in financial services with a focus on reconciliations.
• Strong analytical skills and attention to detail are essential.

Responsibilities

• Complete daily bank reconciliations and prepare bank statements.
• Investigate discrepancies and ensure accurate financial reporting.

Skills

Attention to Detail

Analytical Problem-Solving

Financial Services Experience

Finance Operations Knowledge

MS Excel Proficiency

MS Word Proficiency

Tools

MS Excel

MS Word

Job description

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Our Vision

Our aim is to be acknowledged as a best-in-class platform-based life and pensions administration service provider. Customer service is at the heart of everything we do, and we strive to transform our clients' operations. Our culture, described as 'home' by employees, is founded on positive change and development.

Summary of the Role

This position is part of the Reconciliations Team within the Life & Pensions business. The team handles daily reconciliations, identifies and resolves discrepancies, documents findings, and collaborates with Operations to implement corrective actions. The team also supports month-end ledger processes and controls, ensuring accurate transaction accounting and timely financial reporting within SLAs, meeting regulatory requirements.

Benefits

• 31 days including Bank Holidays
• Eligibility for an annual discretionary bonus scheme
• Opportunities for personal and career development within the company and globally through Tata Consultancy Services
• Access to Perks at Work for discounts on goods and services
• Cycle to Work Scheme and interest-free Season Ticket loans
• Wellbeing programmes including Employee Assistance Programme and other resources
• Moments that Matter policies such as Carer's Leave, Foster Leave, and Retirement Leave
• Contributory pension scheme with up to 6% match, Group Life Assurance, and Income Protection

What You'll Be Doing

• Completing daily bank reconciliations, matching entries, and preparing bank statements
• Ensuring control account balances are correct and resolving discrepancies
• Downloading financial reports, comparing to the Ledger, and addressing differences
• Verifying daily system checks, ensuring Trial Balance matches, and journals are approved
• Investigating and reporting operational losses
• Reviewing tax reconciliations and ensuring timely payments to HMRC
• Calculating and requesting payments for reassurance reports accurately

What We're Looking For

• Experience in financial services
• Background in Finance Operations or reconciliation (desirable)
• Strong attention to detail
• Systematic, disciplined, and analytical problem-solving skills
• Ability to work under pressure and meet deadlines
• Proficiency in MS Excel and Word, with a willingness to learn multiple systems

If you need any assistance or adjustments during the recruitment process due to health, disability, or other reasons, please let us know.

Ready to advance your career? Apply today and join our innovative team!