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Job Location | London |
Education | Not Mentioned |
Salary | £45,000 - £50,000 per annum |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Permanent , full-time |
This is a great opportunity to join a hgih performing dynamic team within the London market. They are looking for an an experienced Senior IBA credit controller who is an excelllen t communicator and will be able to take the lead on the IBA department.• Allocating receipts and payments posted, investigating differences and liaising with 3rd party finance departments• Support the Accounting team’s month end close process by preparing IBA journals• Leading credit control efforts for the divisions – working with MDs and UW teams to maximise cash flow• Prepare and despatch statements of accounts in accordance with account holders/requirements and/or when requested by divisions• Collaborate with Underwriting Operations teams to ensure alignment within the organisation on reportable numbers, credit control, market payments due, etc.• Reconciling bank reconciliations daily and resolving any resulting queries• Producing and submitting payment bordereaux; preparation of payment to 3 rd parties on a monthly basis• Reviewing, monitoring and resolving technical questions arising • Perform client money reconciliations to draw down commission• Ensure compliance with FCA and CASS rules at all times, including the implementation / improvement of controls surrounding the IBA processes, especially bank account controls • Perform analysis on commission collections to support CFO and FC on projecting cash • Identify areas for improvement within the IBA team and form plans for solutions.