Finance Compliance Officer (Resident’s Master Data)

Job Category : Financial
Location : ALEXANDRA HOUSE, London Borough of Haringey
Hours Per Week : 36.00
Start Date : Immediate Start
Start Time : 09:00
End Time : 17:15
Salary: £16.63

Financial Administration Transactional Activities 1. Monitor and process financial administration transactional requests and E.forms, in compliance with service level agreements and escalating issues where applicable 2. Maintain high standard of validation checks to safeguard the Council against fraudulent claims and payments 3. Maintain Financial Compliance Master Data set 4. Supports system activities ensuring checks are made, accuracy maintained and deadlines are met, including: o Monthly/Year End reconciliations o Direct Debit creation and amendment o Payment Runs o Reporting for example BACS repor.
Main Responsibilities
Financial Administration Transactional Activities

1. Monitor and process financial administration transactional requests and E.forms, in compliance with service level agreements and escalating issues where applicable
2. Maintain high standard of validation checks to safeguard the Council against fraudulent claims and payments
3. Maintain Financial Compliance Master Data set
4. Supports system activities ensuring checks are made, accuracy maintained and deadlines are met, including:
   ⦁ Monthly/Year End reconciliations
   ⦁ Direct Debit creation and amendment
   ⦁ Payment Runs
   ⦁ Reporting for example BACS report
   Quality Assurance
5. Ensures highest standards of quality assurance through the implementation of reporting standards, guidance, and advice across the portfolio. Ensuring standards are being adhered to and supporting and challenging Officers to ensure compliance is maintained
6. Supports the senior management in establishing and implementing in house controls and compliance.
   Knowledge, Qualifications, Skills and Experience
   ⦁ Experience of providing customer focused services and public and senior stakeholder engagement.
   ⦁ Experience of monitoring and reviewing processes with a view to improving quality.
   ⦁ Experience of working effectively with a wide range of teams, individuals and organisations both internally and externally.
   Knowledge/Skills
   ⦁ A good knowledge of the Purchase to Pay and Customer to Cash Lifecycle
   ⦁ An understanding of the importance of financial governance and compliance
   ⦁ Strong IT skills with the ability to use SAP, Microsoft Office 365 applications, Halo, Skype/MS Teams and other core office systems and web-based technologies.
   ⦁ Able to communicate with colleagues, stakeholders, service users and customers clearly, verbally and in writing.
   ⦁ Analytical and research skills.
   ⦁ Able to adopt a pragmatic approach and manage realistic expectations.
   ⦁ Foresight, with the ability to predict potential problems, mitigate against them, and providing innovative solutions.
   ⦁ High levels of self-management, organisational and prioritisation skills.