FRS are recruiting for a Finance Assistant to work for a rapidly growing business based in Milton Keynes.
Working on-site with a group of welcoming and personable colleagues, you will be mainly providing support to the Finance manager but also helping with other aspects of the business.
*Provide accounting & administration support within our Client accounting team
*Reconciling and settling accounts
*Pay accounts on a monthly basis; involves checking that client has paid, that the client is quoting the correct premium and commission, that the account is paid according to our terms of payment with each insurer, and in compliance with FCA regulations
*Check each insurer account at the beginning of each month for long outstanding credits or debits and bring to the attention of the relevant account handler
*Organise payment for each insurer online by BACS
*Cash accounting work - Posting of client payments; cash, credit cards, internet and BACs payments
*Raise queries and maintain logs for unallocated cash receipts
*Issue premium refunds to clients
*Reconciliation of IBA bank account
*Perform due diligence on insurer/client/third party payments
*Monitor client receipts including cheque logs to confirm timeliness of banking
*Prepare list of 3rd party payments made
*Production of earned income payments as per the allocated schedule
*Run system month ends and adhoc system reports
As starting salary of up to £21,000 plus AAT study support on offer.