Accounts Assistant – Commission Support 12 mth FTC

  • Salary:
    £25,000
  • Job type:
    Permanent
  • Posted:
    1 month ago
  • Category:
    Clerical
  • Job Reference:
    69584

My client, a leading professional within their sector, is recruiting for a Accounts Assistant Commission Support. This company offers a great working environment and benefits and are located in North Leicester, so easily commutable from throughout the East Midlands.

Job Purpose:

Due to growth, complexity and drive for continuous process improvements the primary purpose of this role is to support the Accounts Assistant with the day to day activities on commissions ensuring these are performed and controlled in line with the timetable and standards, whilst delivering changes to the process to reduce the manual effort and key person dependencies.


Key Responsibilities:

Technical

Oversee and control all aspects of Trade Credit commission payments.
Ensure broker payments are completed in an accurate and timely fashion.
Collaborate with finance colleagues to ensure all pre-payment tasks are completed (DDs, cash allocation etc)
Liaise with IT to ensure all reports are created within the agreed timeframes and request any amendments for accuracy and minimal impact to business partners.
Work comfortably in all currencies for payment runs and deal with exchange rates queries.
Gain full understanding of all aspects of TC commission and the business in its entirety.
Drive change within this area with the goal of moving away from manual processes and create control checks and efficiencies throughout the process.
Work closely with IT and the Underwriters throughout the change and improvement process.
Ensure all queries are dealt with in a timely fashion to allow prompt payment of commissions.
Apply a common-sense approach to commission payments through gaining knowledge of all recipients,
Managing workload to ensure all tasks are complete in order of priority (impact on business, request from senior management and urgency).
Looking at development for automated remittance production.
Allocation of outbound payments.
To manage the relationship with key business representatives, understanding their needs, agreeing service delivery standards and ways of working, ensuring delivery against this expectation
Adhoc projects and duties as required.

Stakeholder Relationship Management

Build strong relationships across Finance Operations teams, including peer group and managers, as well as relevant business stakeholders, enabling the team to deliver high quality effective support to the rest of the Business.

Skills and Experience Specification:

Accounting technical knowledge
Ability to drive change and improvements
Sound knowledge of reconciliation process
Experience of DD processes and requirements
Experience in C&S products
Problem solving ability
Good communication skills
Advance Excel

Disclaimer - FRS strives to be an equal opportunities employer and is committed to treating all applicants alike. FRS does not treat any individual on grounds of sex, age, colour, marital status, race, nationality or ethnic or national origin, religion, sexual orientation, disability or membership or non-membership of a trade union, less favourably than others. All vacancies advertised are open to all ages.