We are seeking an experienced Income Reconciliation Administrator to join our clients dedicated team. This role is crucial for the day-to-day administration of our client accounts, supporting a team of Planners to provide compliant financial advice. You will ideally have experience within an IFA environment and a good working knowledge of Curo. This will initially be on a 6-month fixed term contract but could extend.
Day-to-day of the role:
*Accurately record payments received into company bank accounts within the back-office system.
*Efficiently and accurately allocate commissions received from various providers against outstanding invoices within the back-office system.
*Provide assistance to Financial Planners, Administrators, and other business partners with any fee and commission-related queries.
*Review aged debt reports and evaluate the corrective actions required.
*Actively pursue outstanding commissions and fees and resolve any issues which may prevent their payment.
*Ensure that all documentation relating to company bank accounts and provider commission statements are saved to the electronic storage software.
*Assist with the month-end accounts close off and production of monthly management reports.
*Comply with the Compliance and Training and Competence Procedures of the Company.
Required Skills & Qualifications:
*Knowledgeable in aspects of financial service income administration.
*Experience of working to deadlines, solving simple problems, and multitasking.
*A strong level of technical and industry knowledge with a wide range of financial products and services.
*Confident using Microsoft Office products and the ability to learn new systems and processes.
*Strong time management and prioritisation skills.
*Good written and verbal communication skills.
*Ability to work under pressure with excellent attention to detail.
*Previous experience with Curo is advantageous.