job / reconciliations manager 5624

Reconciliations Manager - Glasgow

Up to £38,000 depending on experience - Accountancy
Ref: 5624 Date Posted: Thursday 07 Oct 2021
LinkedIn ShareShare


Are you an experienced Reconciliations Manager looking for your next challenging opportunity… If so please get in touch we would love to hear from you. We are currently recruiting for our client based in Carlisle for a Reconciliations Manager to join their expanding team, this is a newly created role reporting directly to the Financial Controller.Our client is based in Carlisle but they offer flexible working and working from home they would only require you to be in the office one day per week so it is ideal if you live fairly close by to this locale for that 1 day per week office visit.

The role is to ensure that an effective reconciliation management capability exists across the organisation. Provide Group wide expertise in reconciling Bank and Balance Sheet Accounts on a Daily, Weekly, Monthly basis. Work collaboratively with other business areas to ensure all accounts are reconciled in line with organisation policy, reconciling items are cleared in a timely fashion, processes are automated and documented, support and direction are provided to reconciliation Analyst.

Duties will include:

  • To ensure that the accounting records of the Society and its subsidiary companies, are maintained in a timely, accurate and cost-effective basis, and are maintained in compliance with the laid down controls and procedures.
  • Reconcile all group bank accounts (Daily, Weekly and Monthly). Actively and collaboratively  pursue the clearing of reconciling amounts with business areas and external bankers
  • Reconcile the daily interface of the Customer system to the Financial system in line with the organisations polices and with the support of the reconciliation Analyst
  • Own and update all policy and framework documents that relate to reconciliations and update as required in line with changes to the control and risk environment
  • Provide support and direction to the Reconciliation Analyst on process and task
  • Own the write off policy in conjunction with the Financial Controller Planning Delivery & Analysis and ensure any proposed write offs followthe procedure
  • Manage the quarterly Balance sheet review ensuring all risks are highlighted to the attendees and minutes and actions are recorded
  • Challenge proposed and existing practices (e.g. procedures and policies) to assist the improvement/development of the business and achievement of business objectives.  To identify process improvement within the reconciliations area and develop a plan to implement these.
  • Supporting the year end process by ensuring all accounts are reconciled, understood and audit evidence is available on request
  • To understand and be aware of the risk and control environment in your area of the business, across finance, and adhere to processes and procedures to minimise risks. Reporting and escalating operational incidents where necessary.
  • Other duties as directed by the Financial Controller Planning Delivery & Analysis.

Candidates must have:


  • Reconciliation experience of bank and balance sheet accounts
  • Understand the substantiation requirements to reconcile an account balance
  • Actively clear unreconciled items
  • Stakeholder Management
  • Build, maintain and improve Financial Spreadsheets / Models with strict version control
  • Able to find root cause of problems, articulate solutions and implement & experience of improving Process

In return our client offers flexible working and a competitive salary & benefits package, if you are interested in this opportunity and are comfortable with the location and 1 day working on-site then please do not hesitate to get in touch for more information.