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Lead IBA Technician

Osborne Appointments
Posted 8 hours ago, valid for a month
Location

Borehamwood, Hertfordshire WD6 1TE, England

Salary

£40,000 - £45,000 per annum

Contract type

Full Time

Life Insurance
Employee Assistance

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Sonic Summary

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  • OA is recruiting for a Lead IBA Technician to join a successful team in Borehamwood.
  • The role requires supporting the IBA Lead in finance activities and operational management, with a salary of up to £40,000 depending on experience.
  • Candidates should have demonstrable knowledge of CASS rules and good IT skills, particularly in Excel and MS Word.
  • The position is full-time with hours from Monday to Friday, 9-5:30, and offers hybrid working options.
  • Applicants should possess strong communication skills and a good level of English, both written and oral, with relevant experience preferred.

Lead IBA Technician

OA are recruiting for a Lead IBA Technician to join our client’s highly successful and growing team.

This role will support the IBA Lead in ensuring that all finance activities are handled in accordance with regulatory requirements and internal service levels.

You will identify training requirements and provide coaching and development where necessary and support the IBA lead in the operation management of the IBA Team.

Location: Borehamwood

Hours: Full-time, Monday to Friday. 9-5:30. Hybrid working available.

Salary: Up to £40,0000 – depending on experience

Lead IBA Technician Benefits:

  • 23 days holiday + UK bank holidays
  • Life assurance
  • Private health care for you and dependents
  • Employee assistance programme, including GP line, cashback for treatments, advice line
  • Season ticket loan
  • Rental deposit loan
  • Annual leave purchase scheme

Lead IBA Technician Key Responsibilities:

  • Monitoring and overseeing incoming payments and refunds, as well as setting up, cancelling and maintaining finance agreements with Close Finance
  • Reconciliations of cheques, card and BACS payments against the broking systems
  • Monitoring claims payments, defaults, cancellations etc
  • Overseeing credit control
  • Ensuring broking accounts is aligned with the month end process performed by management accountant
  • Regularly reviewing output of the IBA team (client side) and escalating issues to the IBA Lead
  • Support the IBA lead in in operational management of the IBA Team
  • Ensuring that all accounting processes follow best practice principles
  • Ensuring that daily, weekly and month-end finance reconciliations and routines are completed on time and in line with specified practices and procedures
  • Ensuring that all documentation and processes fall within agreed service standards and FCA regulations
  • Regularly reviewing, maintaining and where required, improving accounts procedures, manuals, systems and processes

Lead IBA Technician Skills and Experience:

  • Demonstrable knowledge of the CASS rules
  • Good IT skills particularly with Excel and MS Word
  • Excellent level of accuracy and attention to detail in all areas
  • Excellent telephone manner and the ability to communicate effectively with internal staff and external customers and suppliers
  • A good level of English, both written and oral
  • Excellent numeric skills
  • Ability to meet deadlines and prioritise the department’s own workload.
  • Ability to work within a Team environment and to assist team members where required.

If the role is of interest and your skills align, please apply online with your CV.

BARNPERM

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Thank you for your interest in this vacancy, which is being advertised by OA Group, who are acting as an employment agency / business. Your application will be considered in competition with others and we will contact you within 3 working days.

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