Reconciliations & Collateral Analyst

Pontoon; Ringway; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading financial services firm is looking for a Treasury professional to manage daily cash reconciliations and client cash flows. The role requires strong analytical skills, advanced Excel proficiency, and a finance-related qualification or relevant experience. The position is office-based four days a week and demands a proactive, organized individual comfortable with tight deadlines and overtime. This position also offers a clear pathway to permanent employment for high performers.

Benefits

Career development opportunities

Supportive team environment

Competitive pay for commitment

Qualifications

• Minimum 1 year experience in cash reconciliations.
• Solid knowledge of accounting or finance.
• Willingness to work overtime.

Responsibilities

• Perform daily cash reconciliations and ensure data accuracy.
• Update and maintain client cash flows.
• Monitor trade settlements and resolve discrepancies.

Skills

Advanced Excel skills

Strong analytical skills

Ability to work with data and systems

High numerical aptitude

Proactive and deadline-focused

Education

Degree in finance/accounting or strong analytical skills

Tools

Excel

Solvas

IMS

Job description

About the Role

Join a dynamic Treasury team in a fast-paced environment where accuracy and deadlines matter. This role involves managing daily cash reconciliations, maintaining client cash flows, and supporting trade settlements. You'll work closely with the Client Service Manager and gain exposure to core Treasury operations, with the potential to transition from temporary to permanent employment.

Location: Manchester (4 days onsite, 1 day flexible)

Interview: One round, remote

Schedule: Not standard 9-5, overtime required

Role Overview

This role sits within the SLO/CDO (Collateral Loan Obligations) department, managing a portfolio of deals under an umbrella structure. It involves complex operational work requiring strong analytical and technical skills, with a focus on cash reconciliations and data accuracy.

Core Requirements (Essential)

• Minimum 1 year experience in cash reconciliations
• Strong Excel skills (advanced formulas, Pivot Tables, VLOOKUP)
• Solid accounting or finance knowledge
• Ability to work with data and systems
• High numerical aptitude (Maths/Excel)
• Innovative and adaptable mindset
• Willingness to work overtime when required

Preferred

• Financial Services background
• CLO/CDO experience (preferred but not essential)
• Exposure to structured finance or portfolio management
• Degree in finance/accounting (other degrees considered if strong analytical skills)
• Previous experience in complex financial products

Additional Notes

• Maternity cover role
• Limited scope for training compared to previous hires (needs someone who can hit the ground running)
• Candidate must be comfortable with a demanding schedule and tight deadlines

What You'll Do

• Perform daily cash reconciliations and ensure data accuracy before submission.
• Update and maintain client cash flows in line with SLA requirements.
• Book foreign exchange and trades for settlement.
• Monitor trade settlements using internal systems and resolve discrepancies.
• Collaborate with teams to maintain reporting accuracy.
• Support client-facing activities and operational delivery.

What We're Looking For

• Strong Excel skills (formulas, data manipulation).
• Comfortable working with numbers and financial data.
• Highly organised, deadline-focused, and proactive.
• A finance-related qualification or relevant experience in financial services.
• Familiarity with Solvas, IMS, or GSP systems is a plus.
• Interest in digital tools and AI is welcomed.

Work Environment

• Office-based 4 days per week (non-negotiable).
• Not a standard 9-5 role - peak periods may require extended hours.
• Competitive pay for commitment and reliability.

Why Join Us?

• Opportunity to build a career in Treasury or broader financial services.
• Supportive team environment that values accuracy and accountability.
• Clear pathway to permanent employment for high performers