Bank Reconciliation Manager

A very exciting opportunity has arisen to join our Bank Reconcilliation team, as the Bank Reconcilliation Manager!

You will lead a fundamental control function within EUI finance to ensure the accurate and timely completion of reconciliations across all bank accounts.

We’re looking for someone with experience in leading a busy team to maintain key systems and controls for bank reconciliations with a focus on continually strengthening the control environment.

You’ll be reporting directly to the Finance Manager and will be responsible for the effective operation of all bank reconciliation controls as well as the line management of eight staff.

Main duties:

• Managing the effective operation of the bank reconciliation control across all EUI bank accounts
• Identifying the root cause and ensuring prompt resolution of unreconciled items
• Management and supervision of the bank reconciliation team ensuring continuous improvement through coaching and mentoring of individuals
• Ensure effective risk monitoring and control systems are in place and regularly reviewed
• Reporting on key performance indicators, such as KRIs and GMS (Group Minimum Standards)
• Management and development of the relationship with our reconciliation software provider
• Support the business as an SME in the delivery of new payments functions and products in respect of the impact on bank reconciliations
• Develop a broader understanding of the importance of the control function and interaction of data flows with financial accounting and reporting
• Develop data driven business cases for work to strengthen financial controls

Key skills, qualifications and experience:

Essential

• Previous experience of managing/supervising an operational finance team
• Strong organisational skills - Ability to process high work volumes and maintain high accuracy is essential
• Strong analytical, data interpretation and problem-solving skills
• Ability to negotiate and influence a range of business stakeholders
• Book-keeping or experience in basic accounting
• Continuous improvement mind-set  

Desirable

• Experience in a shared service centre environment would be beneficial
• AAT qualification

Our Commitment to You

At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.

All qualified applicants will receive equal consideration for employment.

Salary, Benefits and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

If you think this role is for you and would like to be considered for this opportunity, please click “apply now” to complete an online application form.

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