Cash Management Senior - FTC

Recruiter
IPS Group
Location
Farringdon
Posted
10 Jan 2018
Closes
11 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

One of the Lloyd's Market's more prominent Insurers requires an experienced cash management professional on a fixed term 11 month contract basis.

The successful person must have an excellent track record in cash management (daily bankline procedures, multi-currency payment processing, reconciliation and management of daily cashflows)

Daily responsibilities will include

Daily cash flow and settlement procedures (Barclays, BTMU and Settle Direct) ensuring journal entries are accurately reflected in the ledgers and processed on a timely basis

Supporting the cash management assistants with the processing of payments in several currencies and ledger postings

Enhancing the cash management process and automating processes where possible

Daily processing of ad-hoc insurance payments and supplier invoices, obtaining authorisation, coding & preparing for payment

Weekly reconciliations of bank accounts in several currencies, including review and resolution of outstanding items and control accounts

Corresponding with banks on operational issues, maintaining bank mandates and liaising with company secretariat

Monitoring levels of working capital and analysing trends

Initiating payments in accordance with internal controls, including FX payments

Nominal ledger FX reconciliations

Assisting the Investment Accountant with ledger postings and administrative tasks

The successful candidate will have recent insurance experience as well as a good knowledge of SUN systems.

For more information please call Mark Brady on ,