12325 – Finance Administrator Job Spec

Location: Leicester

Summary

Our client – a successful financial services consultancy based in Leicester – is seeking an experienced finance / clearing administrator to join their team on a full-time permanent basis. The successful candidate – working within the Market Operations Dept – will be responsible for:

• Process daily Crest cash settlement movements, ensuring all ledgers are updated & bargains accurately settled. A reconciliation to the Crest payment figure will also be undertaken so as to ensure that there is a full settlement sweep,
• Process other daily cash settlement activities, ensuring the client & broker ledger are correctly reflecting any such activities,
• Correctly action the transfer of the net CMR calculation on a daily basis once calculation has been done and confirmed by the Finance and Risk department,
• Bank all cheques into client settlement bank account or any other qualifying ‘client account’, ensuring accurate records are kept of date of receipt and the payee counterparty,
• Manage & keep secure the firms chosen electronic banking systems,
• Prepare & dispatch payments to clients, ensuring that payment and the payee are authentic and comprehensive records are retained of all payments both successful and rejected,
• Produce client cash account statements upon request, checking statements are an accurate reflection of cash transactions relating to the request,
• Action identified differences in the client banking reconciliation in a timely manner, recording action taken & reason why,
• Prepare & dispatch client income payments according to information received by the client facing teams,
• Keep accurate records of unallocated client monies, ensure these are cleared in line with the firm’s policies & procedures,
• Ensure any client money credit on an individual client is cleared within the timeframes set by the firm’s policies in accordance with the client standing details,
• Calculate a daily figure of funds to be transferred to/from the firm for fees & charges, ensure transfers are completed within agreed timeframes,
• Daily calculations of funds held on EUR and/or USD accounts, convert to GBP as required.

The Right Person

• Ideally knowledge of FCA CASS rules / HMRC ISA rules,
• Strong analytical & excellent numeracy skills, able to analyse information & evaluate results,
• Effective interpersonal, written & verbal communication skills,
• The ability to work within a regulated environment,
• Hands-on, proactive & confident, self-motivated and able to work on own initiative with minimal supervision as well as a member of a team,
• Excellent planning, organisation & deadline time keeping skills,
• Strong IT skills incl. Microsoft Office (Excel, PowerPoint, Word). The ability to learn and understand how new systems work.

Package

• Appointment Type: Permanent
• Salary: £19,000 - £23,000 (subject to experience)
• Hours: Full-Time (office-based)
• Holiday 20 Days + Bank Holidays (increasing in line with service)
• Private Health

If you – or someone you might know – are interested & think this opportunity may be suitable, APPLY ONLINE or call Paul Mitchell Associates (quoting ref: 12325) on 0116 254 9404.