Reconciliations Executive

A fantastic opportunity has arisen for a Reconciliations Executive to join a leading independent provider of specialist finance services to businesses. The successful candidate will be responsible for a portfolio of Invoice Discounting Reconciliations. Duties include reconciling and balancing sales ledgers and preparing month end reconciliations, new client ledger administration and managing reserves and overdue payments. Key Responsibilities: • Proactively manage all aspects of the client month end Reconciliation process across an individual portfolio of confidential and disclosed invoice discounting clients. • Individual portfolio of up to 80 clients. • Monitor client ledger performance and report adverse trends to Relationship team. • Ensure timely completion of client reconciliations monthly ensuring CBF reserves are held in accordance with policy and clients are compliant with covenants. • Prioritise completion of high risk graded clients in line with the Month End Reconciliation. • Conduct a thorough review of Bank statements reporting any concerns to the Relationship team. • Report any material concerns or reserves to the Relationship team. • Attend and Contribute to the Client Portfolio Review meetings on an ad hoc basis and voice any material concerns. • Provide assistance to the wider Relationship team as and when required. • Maintain thorough records and provide necessary feedback and reporting to Head of Portfolio Management and Relationship Managers. • Maintain delivery of a high-quality service to clients. • All activity is undertaken within the scope of overseeing the maintenance of the collateral being funded. • Understand the wider Bank’s products and services, and proactively identify and action sales opportunities in order to best meet customer needs. • Adherence with the Bank’s AML policies and procedures, with vigilance at all times of the conduct of customers and debtors. In return you can expect a competitive basic salary, bonus and a good range of additional benefits.