Reconciliations Team Leader

£30,000 - £36,000 plus excellent benefits (Work Level 6B)
Manchester city centre, hybrid working We’re now working in a hybrid way, with colleagues dividing their time between home/remote working and the office. You can find out more about our hybrid working policy at colleagues.coop.co.uk/hybrid-working-policy

We’re looking for a Team Leader to join our Bank Reconciliation team within our Co-op Business Services (CBS) function. CBS is made up of a number of diverse teams dedicated to delivering high-quality, reliable and cost-effective business services across our Co-op. You’ll play a key role in helping CBS to support and realise our group vision of ‘co-operating to build more value for member-owners every day’.

You’ll be leading a team of Reconciliation Advisers, ensuring the bank reconciliations are completed accurately and within agreed services levels daily, resolving queries and processing journals. At period end, several balance sheet reconciliations are required to be prepared at a detailed level.

We’re looking for an AAT (or equivalent) qualified accounting professional with solid experience in reconciliations, journals, and all things accounting. You’ll be a natural leader, someone who takes ownership and ensures the team is supported, workload is balanced, and deadlines are met. As the go-to expert for both processes and systems, you’ll play a crucial role in making sure everything runs smoothly. 

If you bring the technical know-how and leadership skills we need, we’ll give you the chance to grow your career in a business that truly values its people.

What you’ll do

• Lead reconciliation advisors, acting as a point of contact for any issues and people management of the team
• Oversee cash and bank reconciliation and control, cash collection, cash allocation and any ad hoc payments
• Oversee the daily workflow for the team, making sure deadlines and targets are achieved, assist in producing process documents and support with training other members of the team
• Support continuous improvement initiatives, projects and change programmes including systems changes
• Make sure any issues are resolved and escalated quickly and accurately
• Manage and resolve any complex queries and be recognised as an expert in your field

This role would suit people who have

• An AAT qualification (or similar) or currently working towards one
• Previous accounting experience, with knowledge of banking processes including bank and balance sheet reconciliations and journals processing
• Experience of working in a fast-paced environment with a high-volume workflow
• Previous team leader experience with the ability to motivate colleagues in the team and deal with any issues
• Good analytical skills and experience at proficient level with Microsoft Excel and Word.
• Experience of using ReconNET and S4/Hana (SAP) desirable

Why Co-op?

If you have the skills that we need, we can offer you a competitive salary and great benefits package which includes 30% off Co-op branded products in our food stores (as well as other discounts on Co-op products and services).

• An annual bonus (based on personal and business performance)
• 28 days holiday (rising to 32 with service) plus bank holidays 
• A pension with up to 10% employer contributions
• Access to a subsidised onsite gym (at our Manchester HQ)
• Coaching and training to support your career development
• Wagestream app – giving you access to a percentage of your pay as you earn

At Co-op, we’re proud to do things a different way. As one of the world’s largest co-operatives, owned by millions of members, community is at the heart of what we do. Since our Co-op was founded in 1844, we’ve had a clear social purpose, and everything we do as a business helps to build a fairer world for our members, customers, colleagues, and communities.

Building a diverse environment

We’re actively building diverse teams and we welcome applications from everyone. If you have a disability, we can make reasonable adjustments to our recruitment process according to your needs. We're also part of the Disability Confident scheme, meaning we'll always offer an interview to disabled candidates who apply through the scheme if they meet the minimum criteria for a job.

We'll ask whether you’d like to be considered under the Disability Confident scheme when you apply.
If we invite you to take part in the recruitment process for any of our jobs, we’ll ask you if you need any reasonable adjustments to enable you to participate.

You can find out more about our recruitment process at jobs.coop.co.uk/apply-process

You can find out more about the Disability Confident scheme and all our commitments to diversity and inclusion at colleagues.coop.co.uk/diversity-inclusion-and-wellbeing.

Please note that we may close applications for this role early. 

As part of your application, you'll need to complete an online assessment. This assessment typically takes between 45-60 minutes.