IBA Insurance Credit Manager / Controller

IBA Insurance Credit Manager - Brentwood Essex - £150-200 per day

Your new company
You will be working for an Insurance business based in Essex and reporting to the Financial Controller. You will be responsible for the maintenance and day to day handling of the IBA Ledgers ensuring timely collection and/or settling of balances from/to customers and insurers. This role will involve overseeing the IBA function as a whole and offering support to IBA team members. Responsible for overseeing operations, reconciliations, cash allocations, credit control and insurer settlement.

Your new role

Daily Tasks

• Supervision of Retail IBA Finance team (x3) in Brentwood
• Track outgoing payments for comparison to prior years volumes
• Reconcile and settle insurer bordereaux/statements to support IBA Accounts Technician as required
• Review log of Finance queries, following up with relevant departments
• Deal with customer accounts queries by phone or email
• Be the first point of call for all internal queries from other departments, and delegate to team as necessary
• Bank reconciliation
• Support Finance team with queries, issues & workloads
• Maintain petty cash and refund payment logs
• Monitoring, investigating and reconciling Aged Debt

Weekly Tasks

• Weekly credit control and insurer reconciliation update meetings with Commercial IBA Finance team (x3) in London (remote or onsite)
• Catch-up telephone meetings with Financial Controller

Monthly Tasks

• Reconcile bank reconciliation against Trial Balance
• Monitor Suspense account
• Complete CASS 5 Client Money calculation on 1st working day of the month
• Produce month-end reports including but not limited to Trial Balance, Brokerage Transacted and Earned, Aged Debt, and Unallocated Cash
• Monthly Operations meetings

What you'll need to succeed
Proven track record in IBA Credit Control and account management, experience of supervising staff, Insurance market experience retail or commercial would be preferred & Excel (intermediate).

What you'll get in return

£150-200 per day 6 month contract and opportunity to be offered the permanent should that be of interest (circa £45,000)

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.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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