Reconciliations Analyst

at  Diligenta

SUMMARY OF THE ROLE

Join our Financial Control & Reconciliation CoE team, ensuring accuracy and integrity in financial records. You’ll handle payments, receipts, distributions, and resolve discrepancies to support reliable financial reporting and compliance.

WHAT YOU’LL BE DOING

• Perform daily bank reconciliations, match entries, and update banking journals (Legacy & BaNCS).
• Reconcile Control Accounts and resolve discrepancies promptly (Legacy & BaNCS).
• Reconcile financial reports to the ledger and address any differences (Legacy & BaNCS).
• Conduct daily systems checks and ensure trial balances are accurate.
• Support monthly and year-end ledger close processes (Legacy & BaNCS).
• Prepare and input manual journals as needed (Legacy & BaNCS).
• Investigate and report operational losses accurately (Legacy & BaNCS).
• Handle tax reconciliations and ensure timely payments to HMRC (Legacy & BaNCS).
• Manage reassurance reports, calculate premiums, and ensure correct claims settlements (Legacy & BaNCS).
• Ensure all reconciliations meet client standards and control frameworks (Legacy & BaNCS).
• Monitor reconciliations for compliance with Effective Level of Control (ELOC).
• Adhere to Consumer Duty regulations.