Finance Remediation Analyst
Posted 5 days ago by Everywhen
Negotiable
Fixed-Term
Hybrid
Leeds, England, United Kingdom
Summary: This role is a 12-month fixed-term contract for a Finance Remediation Analyst based in Leeds, focusing on resolving legacy financial items across various work streams. The position requires collaboration with finance personnel and other business units to clear debtor and creditor items, bank reconciliations, and unallocated cash. The role is hybrid, requiring two days in the office per week, with initial training requiring five days in the office. The ideal candidate will possess strong financial skills and experience in financial/accounts teams, preferably in the insurance sector.
Key Responsibilities:
- Collaborate with the Line Manager to develop objectives and focus on key processes across the IBA Operations function.
- Support multiple work streams including client cash receipt and allocation, insurer receipts allocation, and payment processes.
- Understand and work on all aspects of PAS processing as training and licenses permit.
- Report issues found and follow up on necessary activities.
- Communicate the impact of actions taken outside of BAU processes to stakeholders.
Key Skills:
- Strong financial skills and experience in financial/accounts teams.
- Attention to detail and excellent organizational skills.
- Proactive mindset with the ability to adapt and embrace change.
- Ability to work under pressure and build relationships with stakeholders.
- Integrity and confidentiality in handling financial information.
Salary (Rate): undetermined
City: Leeds
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: fixed-term
Seniority Level: undetermined
Industry: Finance
This is a 12 month fixed term contract.
Purpose of the Role
This exciting hybrid opportunity has arisen to join one of our Finance teams in Leeds to address and resolve Legacy items across a wide range of work-streams. You will work with other business units, and finance personnel for the clearance of debtor, creditor, DTI, bank reconciliation and unallocated cash items enabling the remediation and closure of the PAS and related bank accounts. This is a hybrid opportunity requiring 2 days per week in the office in Leeds. The first couple of weeks may require 5 days per week in the office for training.
What You Will Do
This is an overview and not an exhaustive list of responsibilities. Collaborating with your Line Manager, you will develop your own objectives but focus on all of the following and more.
- Understand key processes across the IBA Operations function in order to support multiple work streams, including but not limited to:
- Client Cash receipt and allocation
- Insurer Receipts allocation
- Insurer Settlement / Reconciliation
- Payment Processes
- Understanding of Bank Reconciliation
- Internal Debt Credit Write Backs
- Office Account Transfer Systems
- Runoffs Claims Reconciliations
- Be able to work all aspects of PAS processing (as training and licenses permit).
- Be able to understand and report back of issues found, with follow-up activities as necessary.
- Understand the impact of any actions taken outside of BAU process and ensure communicated effectively to interested parties and stakeholders.
Who We Are Looking For
This is an opportunity for a talented, dynamic individual, with strong financial skills and some experience in a financial/accounts team working with different types of ledgers, ideally but not essentially in an insurance market. We are looking for someone has:
- Attention to detail
- Excellent organisational skills
- Initiative, an enquiring mind and is proactive
- The mindset to be adaptable, embrace change and respond positively
- Strength to work under pressure
- Skills to build relationships and influence stakeholders, working with integrity and confidentiality.
Benefits
In return you will be welcomed and supported by our Ardonagh family, with opportunities to earn your annual salary, a role-based bonus opportunity and grow your career. You will also be joining an organisation that cares about you as a person and your wellbeing. Some of the other benefits are:
- Holiday entitlement of 26 days plus bank holidays
- Opportunity to progress your career across the entire Ardonagh family
- Award-winning learning & development offering and support to obtain professional qualifications to enhance your knowledge and career prospects
- Pension scheme for when you feel it’s time to retire
- 24-hour Employee Assistance support for you and your family’s physical and mental wellbeing
- Corporate perks such as discounted gym memberships, cinema tickets, shopping, Eyecare vouchers, cycle to work and much more
- One day paid volunteering to give back to our communities
- Ardonagh Community Trust (ACT) - raising funds for charity with donation matching in your local community
- The Spotlight Awards, where we celebrate the best of the Ardonagh Group and all the bright talent across our business.
We offer genuine potential for both personal and professional development, come and be part of our story and help us shape our future. So, what are you waiting for? Apply today and one of our team will be in touch.
#AIB
Everywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.
Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received.
No Agencies please.