Bank Reconciliations Manager

Company:  Informa
Location: Colchester
Closing Date: 20/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
At Informa Global Support, we’re about connecting businesses and professionals with knowledge. From cutting-edge research to specialist digital demand, our reach is extensive. We’re the power behind a range of fantastic brands such as FAN EXPO, Omdia, World of Concrete and many more. Through cutting edge research we’re here to champion specialists by helping people learn more, know more and do more.As those businesses grow and develop, so will the opportunities for you to grow and develop within Informa Global Support. We’re passionate about building for the future - and want your future to be with us. Because we know you’re hungry to expand your skills by embracing new experiences. And all the while you’ll be supported by a community of talented and like-minded colleagues, where openness is encouraged and a can-do attitude is the norm.Job DescriptionThe Role:We are seeking a highly motivated and experienced Bank reconciliations process expert to enhance the efficiency and accuracy of the bank reconciliation overseeing and optimising the Offshore Cash Ops team’s operations. This role involves process analysis, automation implementation, and team development to improve overall reconciliation quality and reduce manual errors.Key Responsibilities:Process Analysis and Improvement related to banks and control accounts reconciliations for the 3 regions (EMEA, US and APAC)Conduct analysis of the current bank reconciliation process to identify inefficienciesDevelop and implement process improvement initiatives to streamline workflows and reduce manual interventionIdentify opportunity for automation and implement solutions to automate tasksOffshore Team Management and DevelopmentProvide guidance and support to the Offshore Cash Ops Team to enhance their skills and knowledgeIdentify and provide trainingDevelop a culture of continuous improvement and innovation with the teamSystem and Tool OptimisationEvaluate and optimise the use of existing reconciliation tools and systems (ERPs, APRO, Merchant platform, Bank platforms, Kyriba, Blackline)Identify and implement new tools or technologies to improve process efficiencyEnsure data integrity and accuracy within the reconciliation processBank and Control Accounts Reconciliation Control ProcessReview and analyse reconciliation reports to identify potential issues and trendsImplement corrective actions to address recurring reconciliation errorsDTP and SOP approvalStakeholder ManagementWork closely with internal departments (accounts payable, accounts receivable, tax, internal controls) to ensure smooth data flow and reconciliation accuracyCommunicate with stakeholders regarding process improvements and current/future projectRespond to queries from auditors in a timely mannerQualificationsMinimum of 5 years of experience in financial services or accounting roleAAT Level 4 or accounting qualifications (ACCA, CIMA) Proven understanding of reconciliation processesProven track record of successfully managing and leading a teamStrong analytical and problem-solving skills with the ability to identify and address discrepanciesExcellent attention to detail and accuracyEffective communication and interpersonal skills, with the ability to collaborate effectively with both internal and external stakeholdersProject management skills with the ability to prioritise tasks, set deadline and follow-through to completionStrong organisation skills with the ability to manage multiple tasks simultaneouslyKnowledge and ability to use Oracle, SAP and BlacklineAdditional InformationWe work hard to make sure Life at Informa is rewarding, supportive and enjoyable for everyone. Here’s some of what you can expect when you join us. But don’t just take our word for it – see what our colleagues have to say at LifeAt.Informa.com Our benefits include: Freedom & flexibility: colleagues rate us highly for the flexibility and trust they receive and most of us balance time in the office with time working remotelyGreat community: a welcoming culture with in-person and online social events, our fantastic Walk the World charity day and active diversity and inclusion networksBroader impact: take up to four days per year to volunteer, with charity match funding available tooCareer opportunity: the opportunity to develop your career with bespoke training and learning, mentoring platforms and on-demand access to thousands of courses on LinkedIn Learning. When it’s time for the next step, we encourage and support internal job movesTime out: 25 days annual leave, rising to 27 days after two years, plus a birthday leave day and the chance to work from (almost!) anywhere for up to four weeks a yearA flexible range of personal benefits to choose from, plus company funded private medical coverA ShareMatch scheme that allows you to become an Informa shareholder with free matching sharesStrong wellbeing support through EAP assistance, mental health first aiders, a healthy living subsidy, access to health apps and moreRecognition for great work, with global awards and kudos programmesAs an international company, the chance to collaborate with teams around the worldWe’re not solely focused on a checklist of skills. We champion energy and ambition and look for colleagues who will roll their sleeves up, join in and help make things happen. If it sounds like a match and you have most – although not all – of the skills and experience listed, we welcome your application.At Informa, you'll find inclusive experiences and environments where all perspectives and backgrounds are welcomed. As part of this approach and our diversity and inclusion commitments, we are also formally an Equal Opportunities Employer. This means we base decisions on relevant qualifications and merit and do not discriminate on the basis of key characteristics and statuses, including all of those protected by law. Ask us or see our website for full information.See how Informa handles your personal data when you apply for a job here.
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