Accounts Assistant Leicester, England
Tokio Marine HCC
Full Time
Leicester, England
20424 - 25716 GBP ANNUAL Today
Job description
Key Responsibilities:
Technical
- To manage and maintain credit control for Surety performance bonds and any other outstanding debt, focusing on reducing the debt on a monthly basis.
- Produce and send statements on a monthly basis for all outstanding Surety debt and liaise with the bond teams to resolve outstanding queries.
- Assist in allocation of bordereau cash for Deputy bonds; ensuring queries are resolved in a timely manner.
- Daily cashiering for various business units / bank accounts, cash clearing and reconciliations.
- Minimise unallocated cash for Surety and share findings with management on a regular basis.
- Monthly management information reporting for Surety aged debt and unallocated cash.
- Making outbound payments for bond claims (liaising with the claims department) and ensuring these are completed within the given SLA .
- Manage daily banking movement and allocations within the source system.
- Provide support to the team, wider business and external clients regarding general queries.
- Manage and maintain reinsurance declarations, payments, cash postings and month end reconciliations, ensuring it is done on a timely manner by liaising with the bonds team and underwriters.
- Carry out month end duties including bank reconciliations, cash clearing and any other Surety balance sheet reconciliations.
- Adhoc duties as required by management including providing support when colleagues are on annual leave/sickness and assisting in other credit control tasks for other lines of business within the Leicester finance remit.
- Assist and support the team during a change of system which will be taking place in 2024.
Skills and Experience Specification:
- Accounting technical knowledge
- Track record of credit and aged debt reduction
- Experience of the insurance industry
- High level of attention to detail
- Experience of cash allocation and pro-actively minimising unallocated cash
- Positive, can-do attitude
- Problem solving ability
- Good communication skills
- Excellent organisational skills
- Ability to work autonomously and use initiative
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