Finance Assistant

Finance Assistant London, England

Canada Life
Full Time London, England 32200 - 40800 GBP ANNUAL Today
Job description

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.


Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.


Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.

Job Purpose

Job title: Finance Assistant

Location: London (City)

Job type: Perm

  • Ownership of daily banking duties and filing of supporting documentation
  • Management of Accounts Payable processes: organising approvals, filing supporting documentation, processing payments and entering the invoice into account ledger system.
  • Management of mortgage completion cycles: main liaison with solicitors, ensuring completed mortgages are exported to correct systems, managing failed cases, ownership of funding data and liaison with funders for urgent approvals.
  • Daily checking of the bank accounts and making relevant entries into account ledger systems alongside any relevant notes applicable to other systems.
  • Monitoring of the shared finance mailbox alongside other members of the finance team.
  • Joint ownership of the finance procedures manual alongside other team members

Key Accountabilities

  • Bank monitoring: checking the bank accounts daily and making necessary ledger entries on accounting system and internal systems.
  • Banking Duties: daily funder payments to solicitors, inter-account transfers and Invoice payments to suppliers
  • Mortgage completion cycle: management of mortgage completions that occur over 3-day cycles. This includes liaising with solicitors and internally within the team alongside potentially seeking approval for urgent cases, from our funders. Completed or failed cases must be correctly managed to ensure accurate reporting across the business.
  • Monitoring shared finance mailbox: the shared mailbox includes various types of emails and this will include those related to this role. It is important to ensure emails are monitored and actioned within target SLA of 48 hours.
  • Finance procedures manual: ensuring procedure notes related to this role are kept up to date.
  • Accounts payable: organising invoice approvals from budget-holders and logging invoices onto account ledger system

Desired Knowledge / Experience / Skills

  • Diligent and conscientious in the accuracy of their work
  • Excellent attention to detail
  • Willing to learn
  • Good communication skills
  • Ability to work in a dynamic team environment: strong team player
  • Basic knowledge of Excel

What you’ll like about working here

As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.


Diversity and inclusion

Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences

Finance Assistant
Canada Life

www.canadalife.com
Toronto, Canada
D. Allen Loney
$10+ billion (USD)
1001 to 5000 Employees
Subsidiary or Business Segment
Insurance Carriers
Insurance
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