To provide premium receipts bank account reconciliation, LAPR and PRAS, Trial Balance reporting and control reconciliation services as set out in each of the Client service level agreements.
To be customer focused, to adapt to the needs of our Clients and represent a friendly and professional image of the Company.
Key tasks & responsibilities
Key responsibilities for premium receipts bank account reconciliation in respect of Phoenix Life will include :-
* To review and provide guidance when requested by the offshore finance team
* To provide cover for the offshore finance team responsibilities (daily cashbook analysis, run daily ALPS SQL's, match SQL’s, bank statement and SAP general ledger items and update daily reconciliation)
* To investigate and clear reconciling items
* To produce the month end reconciliation
* To agree the month end reconciliation to the SAP general ledger balance
Key responsibilities for LAPR and PRAS returns will include :-
* Produce monthly claim (ReAssure, Phoenix Life & Countrywide Assured (Ex-S&P))
* Produce monthly reconciliation (ReAssure & Phoenix Life)
* Transfer receipts to relevant bank account (Phoenix Life)
* Produce SAP general ledger journals (Phoenix Life)
* Produce annual claim (ReAssure, Phoenix Life & Countrywide Assured (Ex-S&P))
* Produce annual statistics (ReAssure, Phoenix Life & Countrywide Assured (Ex-S&P))
* Audit liaison (ReAssure, Phoenix Life & Countrywide Assured (Ex-S&P))
Key responsibilities for Trial Balance reporting and control reconciliations will include :-
* Produce monthly Countrywide Assured (Ex-S&P)reconciliation matrix
* Quality checking and filing of all Countrywide Assured (Ex-S&P)balance sheet reconciliations
* Produce monthly Countrywide Assured (Ex-S&P) reconciliation logging file
* Produce monthly Countrywide Assured (Ex-S&P)Trial Balance Report and send to client
* Production of Phoenix Life and Countrywide Assured (Ex-S&P) outstanding payments and policyholder creditor reconciliations including investigation and clearance of reconciliation items
* Produce quarterly delegated authority reconciliations for each client
* Produce monthly Phoenix Life manual payments reconciliation
Other responsibilities will include :-
* Provide cover and assist where needed with all other tasks undertaken within the Treasury Management Team
* Review/improve current work processes
* Support client initiated change control and project requirements.
* Support internal HCL projects.
* Ad hoc financial tasks as requested