Banking Assistant

Iop Publishing Incorporated; Bristol; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading science publisher in Bristol is looking for a proactive Banking Assistant on a 6-month fixed-term contract within the Finance Operations department. Responsibilities include managing banking procedures, processing transactions, and providing excellent customer service. Ideal candidates will have a formal education, advanced Excel skills, and experience in finance or banking. The role allows for flexible hybrid work arrangements and offers competitive benefits including a salary starting from £26,000.

Benefits

Competitive salary

Pension scheme (up to 12% company contribution)

33+ days holiday

Flexible hybrid working environment

Health care cash plan

Qualifications

• Experience of banking processes in a similar organisation.
• Ability to deal with high volumes and deadlines.
• Passionate about continuous improvement and developing processes.

Responsibilities

• Administer key banking routines and procedures.
• Process bank account transactions and payments accurately.
• Provide excellent customer service to all stakeholders.

Skills

Excellent customer service

Advanced Excel skills

Strong communication skills

Organizational skills

Education

Formal further education qualification

Finance qualification (e.g. AAT)

Tools

Online banking systems

Finance systems, preferably ERP

Job description

JOIN THE COMMUNITY.

Making science better, together.

[e-mail].

Be part of a community working together to make science better. A society publisher with the perfect blend of not-for-profit purpose and commercial perspective. Here, we help each other be the best we can be: a team big enough to impact and small enough to care.

An opportunity has arisen for a proactive and collaborative Banking Assistant working within our Finance Operations department on a 6 month fixed term contract.

What will you be doing?

As a Banking Assistant you will be responsible for administering key banking routines and procedures and helping the business to maintain, control and report banking and cash flow activities. This is a customer facing role, dealing with suppliers and individuals who receive the payments. The role is responsible for processing bank account transactions; scheduling payment authorisation; cash management and cash handling; bank reconciliations; query resolution; maintaining online banking systems and preparation and analysis of reports for management information.

This role will require you to work collaboratively with other members of the team and staff around the business to ensure that all payments and receipts are properly processed and allocated. A strong sense of customer service and adaptability in solving problems is essential to the role.

Key job accountabilities include:

• Being responsible for issuing the prepared bank statements in line with service level agreements across the group

• Being responsible for processing all bank account transactions accurately and in line with service level agreements across the group.

• Reconciliation of bank accounts, control accounts and other assigned balance sheet accounts in line with the month end reporting timetable.

• Being responsible for processing the weekly payment run and urgent ad-hoc payments via online banking, including subsequent manager approval.

• Providing excellent customer service to all stakeholders, both internal and external. This includes managing the team mailbox.

• Acting as the subject matter expert in assigned area (payments, receipts, subs receipts)

• Being responsible for the continuous improvement (CI) of their role and responsibilities; identifying and recording improvements.

• Cross training with the other Finance Assistants within the banking team and provide flexible support and cover.

About you:

Successful applicants should demonstrate the following:

• Formal further education qualification

• Finance qualifications (e.g. AAT) preferable but not essential

• Experience of banking (and/or finance) processes in a similar organisation

• Experience of online banking systems and interfaces between finance and banking systems

• Experience of finance systems, preferably ERP

• Advanced excel skills

• Focused on providing excellent customer service.

• Strong communication skills, oral and written.

• Exceptionally organised; able to deal with high volumes and deadlines in a time pressured environment.

• Working effectively as part of a team; working collaboratively in a responsive and flexible way to ensure all team tasks are complete.

• Passionate about continuous improvement; taking ownership for and developing processes.

• Solution orientated to ensure quick resolution where challenges arise.

• Working logically, efficiently and accurately.

We know it is unusual for someone to tick every box so, if you don’t meet all the criteria, but demonstrate most of the skills and experience we are looking for, and have the enthusiasm to work with us, go ahead and apply.

Why work with us at IOP Publishing:

Purpose:We are a world leader in the development of electronic publishing for the scientific community - working in the interests of science and scientists, we aim to maximise the impact of the research we publish.

Culture:We offer a truly international culture with offices in Europe, Asia and the US and our reach is global. Our culture is the perfect blend of dedicated and intelligent professionalism, informal, friendly collaboration and authenticity with a social conscience.

Financial benefits:a competitive salary starting from £26,000 (Band A)an excellent pension scheme (up to 12% company contribution), and a discretionary annual bonus scheme and a range of other useful and cost-saving benefits available through our benefits platform.

Health and Wellbeing:33+ days holiday (including bank holidays), a 35-hour working week, , life assurance, cycle to work scheme, dental insurance, health care cash plan, and a great positive working environment in our brand new office in central Bristol - modern airy and designed with all of our colleagues in mind – for work and social time.

Flexibility:a flexible hybrid working environment to suit everyone’s needs- ; – we don’t need you in the office every day so we can consider applicants from further afield who can travel to Bristol likely once a month depending on when face to face time is needed.

And last but not least, did we mention that we are unique : IOP Publishing is central to the Institute of Physics, a not-for-profit society and we gift-aid all our profits to support science through the activities of the Institute.

To apply, please submit your CV through our careers site.

IOP Publishing is an equal opportunity employer. Our goal is to ensure that diversity, equity and inclusion (DE&I) are built into our identity in a way that is natural and sustainable, visible through the work we produce, our company branding, our professional networks and the communities we serve and support, which includes our employees, talent communities and candidates. We particularly welcome applicants from under-represented backgrounds.

We make recruitment and workplace adjustments wherever we can, so please let us know if there’s anything that we can do to support you.

Please note that we are unable to provide visa sponsorship for candidates. If however you already have the right to work in the UK or hold an eligible work permit or visa, we encourage you to apply for this position