Financial Transaction Officer

We have an urgent need for a Financial Transaction Officer short term temporary placement starting ASAP paying the hourly equivalent of £32,246 p/a. This role is remote/hybrid working.

ROLE PURPOSE:
To perform all accounts payable and receivable procedures as required to a high standard of quality and in a timely efficient manner.

KEY ACTIVITIES:

• Process payments and invoices against purchase orders accurately and timely as per company procedures.
• Dispatch remittance advices for payments
• Deal with accounts payable and receivable queries from internal and external customers to ensure quick resolution
• Process BACS and cheque payments requests.
• Import data into Finance system (SUN) from Housing Management system resolving any coding issues where necessary.
• Set up and maintain sundry debtor accounts
• Process tenant refunds and adjustment forms and record in Finance system (SUN)
• Process Council Tax and Utility bills payments
• Monitor outstanding invoices and generate reports detailing invoices not yet authorised by budget holders.
• Monitor creditor's accounts and identify creditors with debit balances, chase creditors for payment.
• Accurate reconciliation of bank accounts, cash books and suspense accounts by comparing transactions to the general ledger and ensure all reconciling items are posted to the ledger in a timely manner.
• Analyse unidentified transactions on bank account and allocate payments appropriately.
• Manage un-presented cheques
• Prepare management analytical reports related to accounts payable and receivables.
• Process journal entries into the general ledgers
• Carry out accurate daily cash processing including bank reconciliations and online banking
• Prepare and process weekly payment runs accurately and timely.
• Accurate processing and allocation of incoming payments in compliance with financial policies and procedures
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted
• Accurately post guest room and other sundry income to Finance system (SUN)
• Record and post all cash receipts for former tenant arrears.
• Allocate credit card transactions correctly and liaise with colleagues to ensure that income and expenditure are accounted for in a timely manner.

GENERAL

• To support your own personal development by attending training events as required
• To comply with the Association's health and safety policies
• To comply with the Association's Code of Conduct by behaving in a professional manner at all times
• To demonstrate commitment to valuing diversity and upholding the Association's equal opportunities policy at all times

if you are interested in applying, or discuss this role further, please contact [email protected]