Reconciliations Analyst

Reconciliations AnalystAll potential candidates should read through the following details of this job with care before making an application.Salary: From £23784-£29730 Who are Diligenta?Diligenta's 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: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.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 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. What we're looking for: Strong experience in bank reconciliation. 2+ years in finance roles within financial services. Proficiency in MS Excel and Word. Analytical, detail-oriented, and strong problem-solving skills. Excellent communication and time management. Knowledge of Life & Pensions processes and regulations.