Cash and Bank Associate

Posted 06 February 2024
Salary £23000 - £26000 per annum, Benefits: Hybrid Working
Discipline Transactional & Part Qualified
Contact NameKallista Armitage

Job description

I am delighted to be working with a fantastic company who are looking to recruit a Cash and Bank Associate into their team. I am looking to speak to individuals with experience in Cash and Bank / Treasury / bookkeeping type finance positions. An individual with an Accounts Payable background currently doing a treasury position would be highly desirable! This will be a fast paced interesting role, within a fantastic company which is continuously going from strength to strength.

Salary: £23,000 - £26,000
Location: Middleton + Hybrid 
Hours: 7.30AM - 3.30PM
Main Duties:
  • Ensure bank statement data is downloaded and reconciled in a timely and effective manner
  • Proactive management of bank account transactions to ensure outstanding unreconciled items are minimised at all times and explained
  • Plan, coordinate and manage payments workflow approval schedule and resources
  • Review manual payments requests and challenge as necessary
  • Responsible for Intercompany payment process
  • Ensure bank account reconciliation is performed timely and accurately every month
  • Monitor and control all suppliers’ Direct debits validity
  • Responsible for reconciliation and submission of invoice discounting
  • Manage daily/periodic Cash and Bank processes efficiently and effectively ensuring bottlenecks are addressed and work appropriately balanced and escalate issues to line Manager when necessary.
  • Ensure all Cash & Bank controls and polices are adhered to mitigate Financial , Operational, Anti-bribery, Fraud, and Reputational risks
  • Assist in testing new initiatives related to Transactional activities, manage the detailed testing scenarios necessary to the C&B Finance Transformation ensuring delivery in a timely fashion of process improvements and automationsolution.

Skills and education we are looking for
  • At least 2 year’s Cash & Banking experience
  • Book keeping / reconciliation experience required
  • Experience of European banking platforms and payment processes (within SSC desirable)
  • Office IT literate, preferably with advanced MS Excel skills
  • Prior SAP experience essential
  • Fluent in English (Verbal and written) (Other language skills are desirable)