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Finance Supervisor

Davies Group
Job LocationStoke-on-Trent
EducationNot Mentioned
Salary£20,000 - £25,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

Are you looking for a job, or a careerWe think there’s no organisation quite like Davies to support you to progress in your chosen career path. We’re proud of our development culture, and our continuing investment in a wide range of internal programmes and external qualifications.So, are you a Davies personWe’re looking for individuals who share our passion, and want to play a part in shaping our future. Being a Davies person means being part of our exciting journey.As we continue to grow and diversify it’s crucial to us that all Davies colleagues stay true to our "Big IDEA": to Inspire, Deliver, Empower and Aspire. These values remain the cornerstone of what we do.What we’re looking forJoining Davies as a Finance Supervisor means you will assist the Head of Claims Finance to complete tasks where needed and lead teams if required. The teams manage client funded claim bank accounts and produce monthly Claims Management reconciliations and statements using Excel.Duties and responsibilities

  • Management of Claims Finance Assistants as required
  • Complete client reconciliations
  • Ensuring that claims payments are paid within 24hrs of authorisation
  • Ensure that receipts on client bank accounts are handled daily
  • Continuously review funding levels in client trust accounts to ensure that fund depletion does not occur. Inform BD if any fund breaches below warning levels
  • Monitor monthly reconciliations across client accounts within tight deadlines. This will involve reconciling cashbook to bank account and cashbook to monthly claims bordereaux
  • Ensure clients are being chased to top up funds as required and are made aware of any underfunding
  • Ensure all Davies fees are paid promptly
  • Ensure all reconciliation queries are investigated and fixed in a timely manner
  • Deal with ad-hoc queries from Davies employees and clients
  • Manage workflow across the department ensuring all SLA’s are met
  • Manage the admin on Sage X3
    • Skills & Experience
  • Strong reconciliation experience
  • Strong Excel skills are essential as most reconciliations use a range of formulae. Spreadsheets can be large with data required from multiple sources
  • Ability to work to deadlines to ensure client demands are met for month end reconciliations
  • Ability to act on own initiative
  • Ability to see issues through from start to completion
  • Previous insurance Finance experience is desirable
    • Working hours are Monday - Friday, 9:00am - 5:30pm.There are no specific qualifications that we demand for the role; and although we welcome those with previous industry experience, it’s transferable skills and qualities that we value here at Davies. If you have what we’re looking for, as set out above, and you’re on board with the values as per our "Big IDEA", then we’ll provide a full and comprehensive induction and training programme to support and nurture you in the first steps of your career journey.What we offerYou’ll enjoy benefits such as above-statutory holidays, pension, life assurance, travel loans, access to training and professional qualifications, Corporate Social Responsibility events, Innovation Lab programmes, Davies Incentive Programme, Employee Assistance Programme, and other wellbeing services such as Headspace app membership…. And much more! Required skills
  • Bank Accounts
  • Finance Team
  • Reconciling
  • Supervision
  • Client Accounts

    • Keyskills :
    Bank Accounts Finance Team Reconciling Supervision Client Accounts

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