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Pension reconcilliation sme

Hays
£174,000 a year
Posted: 9 February
Offer description

Your new company
Join a highly respected financial services organisation undergoing a major reconciliation and remediation programme. You'll be part of a specialist project team dedicated to delivering accurate, compliant, and sustainable outcomes for pension scheme members and stakeholders. This is an opportunity to apply deep technical expertise in a business committed to strengthening controls, improving operational processes, and resolving historic pension reconciliation challenges.

Your new role
As the Reconciliation SME, you will take a lead role in resolving complex pension scheme reconciliation and settlement issues. You'll investigate unapplied premiums, clear Legacy suspense balances, assess financial exposures, and ensure each issue is fully understood, documented, and remediated. Working closely with Finance, Operations, Compliance, and external partners, you'll bring expert insight to improve reconciliation processes, strengthen financial controls, and support long-term remediation outcomes.

Key Responsibilities Include:

* Investigating and resolving unapplied single premiums and historic discrepancies.
* Analysing and clearing suspense accounts and identifying necessary financial write-offs.
* Quantifying and documenting financial exposures, escalating risks when required.
* Acting as a subject matter expert on pension contribution flows and reconciliation methodology.
* Providing recommendations to enhance reconciliation processes and prevent reoccurrence.
* Collaborating with internal teams and external advisers to resolve issues effectively.
* Maintaining detailed working papers, audit trails, and reconciliation documentation.
* Providing accurate data analysis and progress updates to the Project Lead.

What you'll need to succeed

* Strong background in pensions administration, financial reconciliation, or settlements.
* Hands-on experience managing suspense accounts and allocating contributions/payments.
* Proven ability to analyse and resolve large, complex data reconciliation issues.
* Understanding of financial write-offs, exposure management, and regulatory requirements.
* Good knowledge of pension scheme regulations, financial controls, and compliance frameworks.
* High level of proficiency in Excel and reconciliation tools, with confidence handling large data sets.
* Experience supporting audits or assurance activities (desirable).
* Clear communication skills and the ability to explain technical issues to non-specialists.
* A detail-driven, analytical, and resilient approach to problem-solving.

What you'll get in return
This is a 6-month interim opportunity that is paying up to £174 per day. It is a hybrid role and will involve working two days per week in the client's office in Edinburgh.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

Hays EA is a trading division of Hays Specialist Recruitment Limited and acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found on our website.

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