Reconciliations Analyst

at  Diligenta

Who are Diligenta?
Our vision is to be acknowledged as Best in-class Platform based Life and Pensions Administration Service provider. Customer service is at the heart of everything we do, and our aim is to transform our clients’ operations. A business that has been described as ‘home’ by existing employees, we drive a culture that is founded on positive change and development.
Summary of the role:
This position is part of the Reconciliations Team for the Life & Pensions business. The team handles daily reconciliations, identifies and resolves discrepancies, documents findings, and collaborates with Operations to implement corrective actions. Additionally, the team supports month-end ledger processes and controls, ensuring accurate transaction accounting and timely financial reporting within agreed SLAs, meeting regulatory requirements.

Benefits:

• 31 days including Bank Holidays
• Eligibility for an annual discretionary bonus scheme
• Personal and career development opportunities to progress your aspirations within the company as well as through our global parent company (Tata Consultancy Services)
• Access to Perks at Work (an online discounted shopping platform) saving you money on a wide range of goods and services, including your weekly food shop, holidays, and electrical goods.
• Cycle to Work Scheme & Interest free Season Ticket loans.
• A companywide Wellbeing programme, including an Employee Assistance Programme and other benefits/resources to support your mental/physical and financial wellbeing.
• A comprehensive set of Moments that Matter policies, such as Carer’s Leave, Foster Leave and Retirement Leave
• A contributory company pension scheme where we match your contributions up to 6%, Group Life Assurance (’Death in Service") & Group Income Protection
• Apply to find out about our other benefits.

• Completing daily bank reconciliations, matching entries, and preparing bank statements.
• Ensuring control account balances are correct and resolving any discrepancies promptly.
• Downloading financial reports, comparing them to the Ledger, and addressing any differences quickly.
• Verifying daily systems checks, ensuring the Trial Balance matches and journals are approved.
• Investigating and reporting operational losses accurately.
• Reviewing tax reconciliations and ensure timely payments to HMRC.
• Calculating and requesting payments for reassurance reports, ensuring accuracy.