£20,000 - £25,000 per annum (depending on experience)
We are a Clifton based independent company of actuarial, consultancy, investment and administration services to the pensions industry.
We are looking for a bright individual to join our team as a Financial Administrator.
The successful candidate will arrange the timely production of the pension schemes’ trustees’ annual reports & accounts.
A Clifton based independent company of actuarial, consultancy, investment and administration services to the pensions industry is looking for a bright individual to join their team as a Financial Administrator.
Arrange the timely production of the pension schemes’ trustees’ annual reports & accounts
Maintain and reconcile accounting records on our QuickBooks system
Part-time (expected hours: 25 per week)
General office experience
Minimum 8 GCSEs or equivalent at Grade C or above including Mathematics and English (Mathematics minimum of a B)
Ideally a qualified AAT accounting professional or part-qualified accountant
Experience in drafting annual reports and accounts (preferably for pension schemes)
Skills – Technical
Good MS Office skills, including Outlook, Word, Excel and PowerPoint
Basic understanding of occupational pension schemes (preferable but not essential)
Good QuickBooks (or other accounts software) skills
Maintain accounting records on our QuickBooks system for client schemes (currently 18 schemes)
On receipt of bank statements, reconcile entries to cash flow spreadsheet maintained by scheme administrators. Investigate and resolve any differences
Reconcile the QuickBooks accounting records to the bank statements for each scheme on at least a monthly basis
Reconciling investment transactions on monthly basis
Obtain investment valuations at scheme year end for each client scheme and reconcile value at end of year to starting value and transactions during the year
Preparing the working papers & reconciliation of investment information received from investment managers and investment custodians and post to QuickBooks
Analyse and post year-end financial information journals to QuickBooks
Prepare first draft of scheme accounts in accordance with the Statement of Recommended Practice (2018) (Financial Reports of Pension Schemes), Occupational Pension Schemes (Disclosure of Information) Regulations and Scheme accounting policies
Co-ordinate with scheme auditors to ensure timely completion of annual audit and act as first point of contact for the resolution of auditors’ queries
Liaising with and maintaining effective professional relationships with third parties including consultants, trustees, actuaries, investment managers and auditors
Prepare final version of scheme accounts for signing by trustees of client scheme and auditors
Maintain schedule of client scheme accounts showing position on current year’s accounts and, in particular, to monitor progress towards completion within the statutory deadline of seven months after scheme year-ends
Ensuring best practice – staying updated with regulations