SonicJobs Logo
Left arrow iconBack to search

Income and Reconciliation Officer

Venn Group
Posted 8 days ago, valid for 25 days
Location

London, Greater London EC1R 0WX

Salary

£39,024 per annum

Contract type

Part Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • A London-based University is seeking an Income and Reconciliation Officer responsible for managing financial data related to the Student Loan Company and Student Award Agency Scotland.
  • The role involves tasks such as invoicing, collection, reconciliation, and maintaining SLC/SAAS income, along with addressing discrepancies and minimizing overdue payments.
  • Candidates should have demonstrable experience in managing large volumes of data and the ability to explain complex financial matters to various stakeholders.
  • Advanced Excel skills and experience in invoicing and collections are required, with a preference for candidates who have worked in the Higher Education sector.
  • The position offers a salary of £39,024 per annum, requires relevant experience, and is a full-time role with a 3-month contract and potential for extension.

We’re supporting a London based University to recruit an Income and Reconciliation Officer. The role is responsible for the accuracy and integrity of the Student Loan Company (SLC) and Student Award Agency Scotland (SAAS) financial data of the university, undertaking tasks relating to the invoicing, collection, reconciliation, and maintenance of the SLC/SAAS income.

Job duties:

  • Manage attendance and ledger reconciliations with SLC/SAAS, addressing discrepancies and minimising overdue payments or debts
  • Manage weekly remittances, unallocated payments, and invoice resolutions, ensuring compliance with processes and timely follow-up
  • Prepare regular and month-end reports, providing detailed explanations of financial movements
  • Reconcile student assessments with records, liaising with relevant teams to resolve issues
  • Develop expertise in SLC/SAAS procedures to provide effective advice and support

Experience required:

  • Demonstrable experience in managing and manipulating large volumes of data, providing accurate analysis
  • Ability to summarise and explain complex financial matters to both finance and non-finance staff, including external stakeholders and auditors
  • Experience of invoicing & collections in a consumer and business customer environment
  • Advanced Excel skills
  • Experience working in the Higher Education sector is highly desirable

What’s on offer?

  • Salary: £39,024 per annum (paid at an equivalent hourly rate)
  • Contract Length: 3 months, with the potential for extension
  • Hours: Full-time, 35 hours per week
  • Location: London
  • Working Arrangement: Hybrid, with one day per week on-site

Applications will be reviewed as they are received, so early submission is strongly recommended to avoid missing out.

Venn Group is an equal opportunities employment business and employment agency and welcomes applications from all candidates.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.