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Business Smart Solutions

Financial Control and Reconciliation Officer

Posted 25 days ago
Worldwide
£25405 per year
0-2 years experience
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AI Summary

The role involves performing financial reconciliations for local authority contracts, including Revenues and Benefits systems and payment interfaces. Additionally, the officer will produce financial reports, manage payment files, and complete government returns.

This is a remote position.

The Vacancy:
Our client's Revenues Team provide the financial control function for 4 local authorities contracts on the NEC system. Specifically, this relates to the financial reporting and reconciliations service for Council Tax, Business Rates and Housing benefits.

The main objective for this position will include the reconciliation of the Revenues & Benefits system and production of financial reports and reconciliations, direct debit payment files.

Key tasks and responsibilities:

• Reconcile Systems between the Revenues and Benefits applications.

• Reconcile Cash, Payments/Refunds interfaces.

• Calculate and Complete Government Returns received from DCLG, DWP and CIPFA (i.e. CTB1, QRC, Subsidy, and NNDR 1, 2 and 3 and Cipfa Returns) as per client requirements.

• Reconcile data held on Revenues and Benefits applications to Clients Financial Systems.

• Interrogate systems to resolve reconciliation issues.

• Investigate unidentified payments and allocate accordingly.

• Raise and receipt Purchase Orders and handle queries in relation to Pos.

• Provide regular and adhoc management information / statistics for reporting purposes.

• Manage stopped and returned cheque process.



Requirements

• Educated to GCSE level or equivalent with a minimum 5 grades A-C or levels 9 – 4, including English and Maths.

• Experience\understanding in meeting targets and developing own performance.

• Good use of various IT systems and applications including word, excel, access etc.

• Excellent verbal and written communication skills.

• Good analytical skills and working with a high level of attention to detail.

• Good organisation and planning skills.

• Previous experience providing good customer service and ability to problem solve.

• Experience of working as part of team to achieve departmental objectives.

• Experience of being able to adapt to changing situations.


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