Senior Settlements Accountant - £50,000 per year - Birmingham - Hybrid
FryerMiles are delighted to be assisting a national sustainable energy business in their recruitment of a Senior Settlements Accountant. This is a permanent role that can be based 2 days per week from their offices in Birmingham or Leeds.
The Senior Settlements Accountant will play a pivotal role in ensuring the efficient and accurate execution of financial settlements for all current and new energy schemes. This position demands strict compliance with regulatory requirements and a focus on automating manual processes.
Key responsibilities include:
Settlement Operations:
- Manage daily settlement activities, including payments and reconciliations
- Approve and oversee high-value transactions, such as credit cover drawdowns and returns, in line with organisational procedures.
- Respond promptly and effectively to settlement-related inquiries from internal and external stakeholders.
- Maintain strong controls over payment processes and notices to ensure accuracy and compliance with company policy.
Financial Reporting and Analysis:
- Prepare and review journal entries, monthly reconciliations, and settlement-related reports from the outsourced provider.
- Monitor settlement costs and provide forecasts, budgets, and variance analyses.
- Assist with the preparation of annual financial statements, audit queries and filings.
- Review, reconcile, and transfer termination/drawdown funds to Treasury.
Credit Cover and Reconciliation Management:
- Oversee credit cover processes, including approvals, rejections, drawdowns
- Conduct monthly and quarterly reconciliations
- Prepare monthly Treasury forecasts and liaise with the Analytics team.
- Collaborate with Treasury to manage daily and monthly cash flows
Process Improvement and Automation:
- Assist in testing and transitioning manual reconciliations to automated ones.
- Work with Data Engineering, Analytics, and Treasury on automation initiatives.
Requirements:
- Extensive relevant experience in treasury, banking or settlements.
- Part or full qualification in CIMA, ACCA, ACA, ICAS, CIPFA, or equivalent.
Senior Settlements Accountant - £50,000 per year - Birmingham - Hybrid
