Financial Transaction Officer

Location

Lewisham, Greater London | United Kingdom

Job description

3-4 months contract with a Southeast London based Local Authority.

Job Summary:

· This post covers Accounts Receivable using Oracle Financials.

· Experienced in data input, raising Accounts Receivable invoice requests via Share Point Site & Oracle.

· Carrying out related administration tasks such as creation and amendment/update of customer records.

· Dealing with enquiries from both internal and external sources - using email, phone and word.

Sample of Key Duties/Accountabilities:

· To contribute to a first class Financial Transactional Service processing payments coming in and going out of the Council.

· To be able to work to strict deadlines and timetables.

· Responsible for making and receiving payments to/from a wide variety of debtors and creditors.

· To contribute to the delivery of a wide range of financial processing functions by inputting data, validating data, analysing evidence and maintaining accurate and detailed records.

· To liaise with internal stakeholders across the Council (including, but not limited to, budget holders, team leaders and social workers) to ensure smooth running of the Financial Transactional Service.

· To liaise with, and provide good customer service to, external stakeholders (including, but not limited to, foster carers, suppliers of goods and services, PPF providers and other debtors and creditors) to facilitate the payment of invoices and / or the collection of payments. This should include taking a proactive approach to resolving any discrepancies.

· To control and report on sensitive financial data, understanding appropriate levels of confidentiality and to operate accordingly.

· To carry out regular reconciliations of financial records.

· To be recognised as technically proficient on a wide range of financial systems including an understanding of system interfaces.

· To provide good general ad hoc and regular advice, relating to the transactional services function, to a range of internal and external customers, e.g. Council budget holders, junior members of staff, vulnerable service users and schools.

· To understand legislative requirements, including HMRC and accounting codes of practice, standards and guidance and other related statutory and non-statutory guidance and to be able to apply this accurately within own work area.

Essential Experience Required:

· Experience in financial processing within a large and complex organisation.

· Experience of applying legislation, regulations and guidance (e.g. as relates to financial regulations, banking and accounting standards etc.)

· Experience of communicating with a wide range of stakeholders.

· Experience of IT and e-payments systems.

· Advanced knowledge of how to use computerised financial information systems and standard software packages (e.g. Oracle, Axis, CONTROCC, Excel, Word, etc.).

· Ability to contribute to new systems and developments relating to the at least one of the following: Oracle financials, Axis systems, prepaid card and Post Office PayOut payments and CONTROCC functions.

Additional information to note:

· An experienced individual ready to start as soon as possible.

The closing date for this position is Friday 01/03/2024.

Job tags

Salary

£22.53 per hour