We’re First Central Insurance & Technology Group (First Central for short), an innovative, market-leading insurance company. We protect the things customers love so they can get on with what matters to them in life.
Data drives us. It fuels our outstanding distribution, finance, technology and legal services. Our underwriting skills are built on data expertise; it creates the insights we need to give the right cover to the right customers at the right price. But, it’s the people inside and outside our business that power us. They make us stand out, help us succeed. We’re ambitious. We’re growing. We’ve won awards.
Are you passionate about finance and thrive in a fast-paced environment? If you have excellent communication skills, a knack for meeting tight deadlines, and a passion for accurate financial processing, we’d love to hear from you!
We’re looking for a Banking Assistant to join our Finance team in our Haywards Heath, West Sussex office.
This role is initially a 12 month fixed term contract but has strong potential to become permanent for an outstanding candidate.
In this role you’ll be responsible for carrying out daily treasury and banking activities, which include cash management, funding and reporting. You will also assist the Banking manager with a range of tasks and projects.
Core skills we’re looking for to succeed in the role:
- Experience working in a Transactional Finance team
- Excellent communication skills - verbal & written
- Ability to work in a fast paced environment
- Good time management and organisation skills with ability to meet tight deadlines
Nice to have skills, but optional:
- Experience working in Treasury or Banking
- Double Entry bookkeeping understanding
What’s involved:
- Prepare payments for processing whether Cheque or Electronic and ensuring they are approved in accordance with the Delegation of Authority Matrix
- Ensure all Audit logs are maintained for processing payments
- Update cashflow/liquidity forecasting for the group and its subsidiaries
- Schedule and monitor the approval of the monthly money movements across the group
- Conduct the daily cheque processing and cash banking procedures
- Maintain payments timetable for all the Group, UK, Gibraltar and Guernsey
- Investigate and resolve queries raised by stakeholders in operational teams across the
- business
- Record all Insurance recoveries received and upload onto the relevant Claims system
- Act as a key contact with the corporate bank (RBS) for operational activity
- Ensure bank accounts have sufficient funding to enable the business to meet all commitments
- on time
- Ensure the business gains optimum return on cash by use of overnight deposits, money
- markets and short-term investments
- Key contact for Operations and responsible for providing them with an efficient service
- Assist in the preparation of key board reporting packs
- Understand and use the on-line banking facility as well as supporting other users of the system
- across the business
- Support the other finance teams in transactional investigation
- Maintain accurate and up to date Process Notes
- Responsible for the timely and accurate processing of the Treasury inbox, which consists of
- business enquiries into payment and cash processing
- Any other duties as reasonably required
- Ensure compliance with company and other relevant standards / regulations at all times
- Maintain department risk registers (as applicable), providing evidence and commentary for
- controls, updates for Mitigation Actions and maintaining control matrices and attestations
- Also, to ensure that your team are aware of their responsibility to identify and report risk
Experience & knowledge
- Experience of the treasury function and bank reconciliations
- Experience in performing detailed and complex transactional reconciliation work
- Strong double entry bookkeeping understanding
- Solid understanding of the banking requirements and processes
- High level of emotional intelligence and self awareness
Skills & qualifications
- Excellent communication skills, both verbal and written
- Intermediate Excel skills
- Good time management and organisation skills, with the ability to meet tight reporting
- deadlines
- Problem solving skills, with the ability to identify problems and adopt a logical approach to
- resolving problems
- Excellent numeracy skills
- Strong analytical skills and ability to drive process improvement, based upon analysis of data
- Work effectively under pressure and think clearly and logically in challenging situations
Behaviours
- Results driven with a constant eye on the detail and ability to relate role outcomes to the
- customers of the business.
- Inquisitive nature that allows informal collaboration with other departments and colleagues
- across the business
- A driven attitude can measure their own performance through KPI’s and deadlines
So, if you’re up for the challenge and would like to join our vibrant and busy team, we want to hear from you today.
We pride ourselves on being a great place to work. Check out our Glassdoor page to see what our colleagues think about working here.
What can we do for you?
People first. Always. We’re passionate about our colleagues and know the best people deserve an extraordinary working environment. We owe it to them so that’s what we offer. Our workplaces are energetic, inspirational, supportive. To get a taste of the advantages you’ll enjoy, take a look at all our perks in full here.
Intrigued? Our Talent team can tell you everything you need to know about what we want and what we’re offering, so feel free to get in touch.
