Senior Settlements Accountant - £50,000 per year - Birmingham - Hybrid
FryerMiles are delighted to be assisting a national sustainable energy business in their recruitment of a Senior Settlements Accountant. This is a permanent role that can be based 2 days per week from their offices in Birmingham or Leeds.
The Senior Settlements Accountant will play a pivotal role in ensuring the efficient and accurate execution of financial settlements for all current and new energy schemes. This position demands strict compliance with regulatory requirements and a focus on automating manual processes.
Key responsibilities include:
Settlement Operations:
1. Manage daily settlement activities, including payments and reconciliations
2. Approve and oversee high-value transactions, such as credit cover drawdowns and returns, in line with organisational procedures.
3. Respond promptly and effectively to settlement-related inquiries from internal and external stakeholders.
4. Maintain strong controls over payment processes and notices to ensure accuracy and compliance with company policy.
Financial Reporting and Analysis:
5. Prepare and review journal entries, monthly reconciliations, and settlement-related reports from the outsourced provider.
6. Monitor settlement costs and provide forecasts, budgets, and variance analyses.
7. Assist with the preparation of annual financial statements, audit queries and filings.
8. Review, reconcile, and transfer termination/drawdown funds to Treasury.
Credit Cover and Reconciliation Management:
9. Oversee credit cover processes, including approvals, rejections, drawdowns
10. Conduct monthly and quarterly reconciliations
11. Prepare monthly Treasury forecasts and liaise with the Analytics team.
12. Collaborate with Treasury to manage daily and monthly cash flows
Process Improvement and Automation:
13. Assist in testing and transitioning manual reconciliations to automated ones.
14. Work with Data Engineering, Analytics, and Treasury on automation initiatives.
Requirements:
15. Extensive relevant experience in treasury, banking or settlements.
16. Part or full qualification in CIMA, ACCA, ACA, ICAS, CIPFA, or equivalent.
Senior Settlements Accountant - £50,000 per year - Birmingham - Hybrid