Reconciliations Executive - Invoice Finance

A fantastic opportunity has arisen for a Reconciliations Executive to join a leading independent provider of specialist finance services to businesses.

The successful candidate will be responsible for a portfolio of Invoice Discounting Reconciliations. Duties include reconciling and balancing sales ledgers and preparing month end reconciliations, new client ledger administration and managing reserves and overdue payments.

• Proactively manage all aspects of the client month end Reconciliation process across an individual portfolio of confidential and disclosed invoice discounting clients.
• Individual portfolio of up to 80 clients.
• Monitor client ledger performance and report adverse trends to Relationship team.
• Ensure timely completion of client reconciliations monthly ensuring CBF reserves are held in accordance with policy and clients are compliant with covenants.
• Prioritise completion of high risk graded clients in line with the Month End Reconciliation.
• Conduct a thorough review of Bank statements reporting any concerns to the Relationship team.
• Report any material concerns or reserves to the Relationship team.
• Attend and Contribute to the Client Portfolio Review meetings on an ad hoc basis and voice any material concerns.
• Provide assistance to the wider Relationship team as and when required.
• Maintain thorough records and pro...