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Reconciliations administrator

Reading (Berkshire)
XPS Group
Reconciliations administrator
€37,500 a year
Posted: 17 May
Offer description

About XPS Group

XPS Group is a prominent UK consultancy and administration firm within the pensions and insurance sectors. As a FTSE 250 company with over 2000 employees, we leverage expertise alongside advanced technology to serve over 1,400 pension schemes and their sponsors. Our goal is to foster a workplace where diverse talents thrive.

Location: Reading

Employment Type: Permanent, Full Time

Grade: Associate

Hybrid

REQ003571


About The Role

Our teams of pension administrators provide services to a wide range of trust-based company pension schemes, including defined benefit, defined contribution, career average revalued earnings, and hybrid schemes. Our range of pensions administration services include:

* Scheme administration
* Communication
* Scam identification
* Payroll services
* Pension scheme accounting
* De-risking projects
* Technical consultancy

Our administrative approach is scheme-based; one team is responsible for every aspect of each client’s service, enabling us to build the best possible relationships and provide the clarity of focus each scheme deserves.

Ultimately, pension schemes are there for their members; we place just as much emphasis on delivering excellent customer service as we do on technical proficiency and quality control.


Key Responsibilities

* Completing daily bank reconciliations to capture all monies received accordingly.
* Investigating any unreconciled monies until resolution.
* Ensuring monies in (transfers in and contributions) are invested within SLAs.
* Liaising with administrators and investment managers.
* Reconciling units and cash for all investment movements via a unit reconciliation.
* Keeping abreast of technical and legislative developments within the pensions industry.
* Ensuring company policies and working procedures are implemented and adhered to by self.
* Forging strong working relationships with other teams in order to provide a total service to our clients. E.g. Administration, Payroll, Client Banking and Accounts.
* Ensuring the accurate updating of time recording system (SuiteProjects) for both chargeable and non-chargeable activities.
* Due to the changing nature of the business, the job holder may from time to time be required to undertake other activities of a similar nature that fall within their capabilities.


Your Profile

* Proficient in Microsoft Office including Word and Outlook and with good Excel skills, including pivot tables and lookups.
* High degree of numeracy.
* Ability to work as part of a multi-disciplinary team.
* An aptitude for working with people both internal and external of the organisation.
* Excellent interpersonal abilities, able to forge strong working relationships with colleagues and clients.
* A client focused approach.
* Flexible approach to work pressures.
* Continuing to augment technical pensions accounting knowledge as well as keeping abreast of legislative changes.
* A high degree of professional integrity.


Desirable

* A proven reconciliations background gained within either an accounting practice or a third-party pension’s provider.
* Previous reconciliations (cash and units) experience would be a plus.


What We Offer

Enjoy a competitive salary, annual discretionary bonus, and 25 days’ holiday with buy/sell flexibility. Benefits include pension matching, healthcare plans, life assurance, and retailer discounts. We support our team with a flexible benefits scheme, employee assistance, and digital GP service. Participating in volunteering events is encouraged with paid volunteer days available. Referral bonuses are offered for introducing suitable candidates to XPS.


How To Apply

Interested candidates should submit applications below or contact recruitment@xpsgroup.com. Join XPS Group and contribute to a dynamic and inclusive workplace.


Equal Opportunity Statement

XPS Group is committed to diversity and equal opportunities. We welcome applications from all candidates, irrespective of sex, race, disability, sexual orientation, religion, or belief. As a Disability Confident employer, we ensure accessible and supportive work settings for all employees.


Eligibility

Any employment offer made will be conditional upon you satisfying DBS Disclosure checks, Employment or educational references, Satisfactory credit checks and eligibility to work in the UK before an offer can be made. XPS Group is not able to provide sponsorship to employees.


Who Are We

To find out more please visit: www.xpsgroup.com

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