Scheme Accounts Analyst

Nest Pensions; Greater London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

Nest Pensions, based in London, is seeking a Scheme Accounts Analyst to join the Pension Scheme Accounting Team. You will support day-to-day financial control of the Nest pension scheme by reviewing reconciliations, monitoring cash and banking activity, and contributing to month-end processes in a collaborative finance environment.

You will work with external providers and internal teams to ensure accuracy, resolve issues promptly, and maintain strong controls.

Qualifications

• Experience of cash, bank or financial reconciliations in pension/financial services/high-volume environments.
• Experience analysing high-volume and high-value transaction data to identify trends and exceptions.
• Strong numerical and analytical skills with emphasis on accuracy, completeness, evidence and control.
• Excellent Excel skills and comfort with large datasets and financial systems.
• Experience with third-party providers and following up issues through to resolution.
• Degree educated or pursuing accounting qualification or equivalent experience.
• Positive attitude to routine and difficult problems, with persistence to completion.

Skills

Cash reconciliations

Data analysis

Numerical & analytical skills

Third-party provider coordination

Accounting knowledge

Problem solving

Education

Degree educated / accounting qualification

Tools

Microsoft Excel

Financial systems

Job description

Role Overview

We're looking for a Scheme Accounts Analyst to join our Pension Scheme Accounting Team. This is a great opportunity for someone with strong analytical skills who enjoys working with financial data, reconciliations and problem-solving in a collaborative finance environment. In this role, you'll support the day-to-day financial control of the Nest pension scheme by reviewing reconciliations, monitoring cash and banking activity, investigating exceptions and contributing to month-end accounting processes. You'll work closely with TCS, Northern Trust and NatWest to ensure financial information is accurate, issues are resolved promptly and controls are operating effectively. You'll also help prepare financial analysis, maintain procedures, support audit activity and contribute to the continuous improvement of processes and controls. This role offers excellent exposure to pension scheme accounting and is an ideal opportunity for someone looking to develop their career within a complex and highly regulated financial environment. As part of a supportive team, you'll have the opportunity to build your technical knowledge, take ownership of key activities and play an important role in maintaining the financial integrity of one of the UK's largest workplace pension schemes.

Minimum criteria for this role are:

• Experience of cash, bank or financial reconciliations, ideally in a pension scheme, financial services, administration or high-volume transaction environment
• Experience of analysing high-volume and high-value transaction data, identifying trends, exceptions and areas requiring investigation
• Strong numerical and analytical skills, with a clear understanding of accuracy, completeness, evidence and control requirements
• Strong Microsoft Excel skills and confidence working with financial systems, reporting tools and large datasets
• Experience of working with third-party providers and following up operational or financial issues through to resolution
• Degree educated, studying towards an accounting qualification, or able to demonstrate equivalent relevant experience
• A positive attitude to routine and difficult problems, with persistence in following items through to completion

Flexible and agile working

Everyone's personal situation is different.

To make the most out of hybrid working, we've introduced different ways of working, which include (subject to role requirements):

• hybrid of office (Canary Wharf, London)and home working(there will be anexpectationto attend the office, once - twice a week, or more, as required)
• reduce or vary working hours
• reduce or vary the days worked

Directorate/Department Overview

The Finance & Commercial Solutions (FCS) Directorate, led by the Chief Financial Officer and their leadership team, consists of three distinct areas:

• Finance
• Commercial Management
• Commercial Procurement

Within the Finance team there are multiple disciplines, including the core financial control activities for which this role would be responsible. It is an exciting time to join the Finance function as the CFO is looking to make a significant amount of change and enhancement in each area, while also seeking synergies and alignment across the Directorate.

Organisational Overview

Nest is an award-winning workplace pension scheme, the largest in the country. Set up by the government to give every worker in the UK somewhere to save, our first-class responsible investment practice and governance are the backbone of what we do, supported by all the functions you’d expect to find in a thriving business. We’re committed to creating a workplace where you can be your authentic self and offer an inclusive and flexible working environment.

Diversity, Equity and Inclusion

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of theirage, disability, gender identity, marital status, national origin, pregnancy or caring responsibilities, race, religion/belief, sex, sexual orientation or socio economic background.

Nest is a Disability Confident Leader, which is the highest level of the Disability Confident Scheme. If you have a disability, please declare that you’re applying through the scheme.We aim to offer an interview to those applicants who apply through the Disability Confident Scheme and best meet the minimum criteria. However, there may be some circumstances where this is not possible due to the volume of applications.