Accounts Assistant - Cash Operations

Here at esure, we’re no strangers to change. As one of the industry leaders in the insurance business, striving to become a world class digital insurer, we’re getting ready for more. It’s creating great new opportunities for innovative and talented industry professionals to join us at a pivotal point in our development.

We are currently recruiting for an Accounts Assistant to join our cash operations function. The successful individual will be sat in-between Cash Operations and Accounts Payable, being task with various responsibilities and assisting the wider finance teams with day to day tasks. 

This is a great role for someone looking for their first Finance or Accounts position, no previous finance experience required.  

Detailed accountabilities:

Cash and Banking:

• Working closely with the Team Leader – Cash Operations, ensure timely production of daily bank reconciliations, including the monitoring, reporting and resolution of the ROI banking exceptions.
• Responsible for updating the daily Reconciliation Open Interface (ROI) banking Exceptions Report and recording new exceptions requiring action by Claims.
• Supervise the Exception details report to ensure Claims meet their SLA’s.
• Tasked with weekly Copart Salvage Returns reconciliation to the bank statement
• Responsible for the daily bank reconciliation of esure Insurance, to include preparation of the general ledger journals for the banking accounting entries and investigate any discrepancies.
• To input banking payments using Barclays.Net.
• Perform cash updates to business including cashflow, daily collections and account balances.
• Handle the preparation of Manual cheques for deceased policy holders, Add-On claims and one of supplier payments, including obtaining signatories and distribution within the agreed SLA of 48 hours. This also included maintaining the manual cheque log.
• Opening post and distribute accordingly.
• Ensure Recovery cheques payable to Third Party Insurers are dispatched to Claims accordingly.
• Ensure Finance contact Claims weekly to resolve 'missing information' claims cheques returned by third parties
• Support the Stop Cheque process and shared report, recording in the cancelled cheque register stopped cheque details requested through Barclays iPortal.

Accounts Payable:

• To provide support in processing invoices received into the Accounts Payable mailbox ensuring they are input onto Oracle within 48 hours of receipt.
• Collaborating closely with Accounts Payable Accounts Assistant to answer queries received mailbox within preset SLA's.
• Processing/Reviewing of the weekly Repairernet.
• Processing payments in Oracle for bank exceptions.
• Resolve Purchase Order queries.
• Support the verification of bank details for new suppliers ensuring controls are adhered to.
• Assisting with Accounts Assistant with the customer cheque processes when required.

Decision making authority:

• Ensuring all internal departments adhere to all associated controls and procedures.
• Reconciling bank statements and highlighting any potential problems to the Team Leader – Cash Operations or Finance Systems & Operations Manager
• Resolving actions to be taken in response to identifying a suspected fraud attempt and/or the receipt of intelligence of financial crime.

We would love to hear from you if you have:

• A proven track record working in a financial environment is desirable.
• Computer literate with a good to intermediate knowledge of MS Excel
• Must be pro-active, self-motivated, and able to work on own initiative with minimum supervision.
• Strong time management and organisational skills
• Able to communicate at all levels throughout the business.
• An eye for detail is crucial within the role.
• Quick and efficient worker, fast turnover of work

This is your opportunity to shape our game-changing journey and be part of something truly special! And to top it off, here are some perks to life at esure…