Cash & Reconciliation Analyst – City of London (Hybrid – 3 days in London, 2 days from home)

£50,000 plus Bonus and Benefits.

James George Recruitment is working on a key operational role with a prestigious Client where you will be responsible for cash posting and allocation, reconciliations, direct debit processing, and financial controls oversight. The successful candidate will work closely with Finance and Operations teams to ensure accurate transaction processing, robust reconciliations, strong governance, and high-quality financial and operational data across the lending platform.

The role is ideally suited to someone who has gained experience within lending, leasing, asset finance, or financial services operations, and who has a strong appetite to learn, improve processes, and contribute to automation initiatives

Key Responsibilities

Cash Operations & Transaction Processing:

• Post and allocate daily cash movements from bank statements into the lending platform.
• Investigate and resolve unallocated or misapplied cash items in a timely manner.
• Monitor and clear reconciliation breaks and residual balances.
• Work closely with Finance teams to ensure cash postings align with general ledger entries and reporting outputs.
• Support month-end activities through timely completion of postings and reconciliations.

Direct Debit & Payment Processing:

• Manage the end-to-end Direct Debit collection process, including preparation and submission of DD files.
• Monitor collections and investigate failed or rejected direct debits.
• Maintain accurate records of mandates and collection schedules.
• Prepare and process weekly payment runs, ensuring appropriate approvals and controls are maintained.

Reconciliations & Financial Controls:

• Perform and review bank, transactional, ledger, and loan balance reconciliations.
• Reconcile and investigate discrepancies across multiple funds and entities.
• Ensure consistency and integrity of data across lending systems, banking records, and reporting outputs.
• Maintain robust documentation and evidence supporting reconciliations and operational controls.
• Escalate discrepancies, control breaches, or operational issues where appropriate.
• Support audit requests relating to reconciliations, controls, and cash movements.

Reporting & Data Oversight:

• Support regulatory reporting requirements
• Review financial and operational data for completeness and accuracy.

Process Improvement & Automation:

• Identify opportunities to improve operational processes, strengthen controls, and reduce manual intervention.
• Support automation initiatives using Excel, data analysis tools, and emerging technologies including AI-enabled solutions.
• Assist with implementation of operational process enhancements and system improvements.
• Maintain up-to-date process documentation and operational procedures.

Skills, Knowledge & Experience

Qualifications & Experience:

• Experience within financial operations, cash operations, loan administration, finance, or accounting in a lending, leasing, private credit, or financial services environment.
• Studying towards or part-qualified in ACA, ACCA, CIMA, or AAT desirable.
• Experience processing and reconciling high volumes of financial transactions.
• Strong understanding of bank reconciliations, cash allocations, and operational controls.

Technical Skills:

• Advanced Excel skills including pivot tables, lookups, reconciliation analysis, and handling large datasets.
• Experience using lending platforms, finance systems, or banking systems.
• Comfortable working with large volumes of operational and financial data.
• Interest in automation and technology-driven process improvement, including AI-enabled solutions.

Core Competencies:

• Excellent attention to detail and strong control mindset.
• Strong analytical and problem-solving skills with the ability to investigate discrepancies and identify root causes.
• Organised and able to manage multiple priorities and deadlines.
• Proactive, process-oriented, and committed to continuous improvement.
• Strong communication and stakeholder management skills.
• Collaborative team player with a willingness to learn and develop.

Please contact Adam Sommerville adam.sommerville@jgrecruitment.com at James George Recruitment if you would like to discuss this opportunity in more detail.