The Role
The Cash and Banking Controller is responsible for ensuring the cash management of the properties is managed in an effective and timely manner, in accordance with Client requirements and RICS Client Monies regulations.
Responsibilities
• Ensure that all Cash and Banking services are delivered to a consistently high standard and to the service levels required by the Client;
• Monitoring and delivering the allocation of cash received, identifying the source funds and ensuring all sums received are posted to the correct accounts with 24 hours of receipt. Resolving unidentifiable items and reviewing and clearing bank reconciliations;
• Payments must be made in a timely manner and ensuing that under no circumstances the bank account balances are overdrawn;
• Working with surveyors, Clients and team members;
• Helping to manage any cash and banking software and file outputs and inputs;
• Supporting the contractual compliance across the team, including performing within the SLAs and KPIs on behalf of BNPPRE; and
• Assisting in continuously improving processes for market leading best practise financial management and in accordance with all relevant legislation.
• Work with the management team to improve the efficiency, effectiveness and control of their day-to-day work;
• Act as the principal contact point for Clients, surveyors, and other relevant parties on all aspects of cash and banking service delivery;
• Monitoring and delivering the allocation of cash received, identifying the source funds and ensuring all sums received are posted to the correct accounts with 24 hours of receipt. Resolving unidentifiable items, reviewing and clearing bank reconciliations and ensuing that under no circumstances the bank account balances are overdrawn;
• Ensure that services are delivered in accordance with the agreed contract;
• Work with team members on client monies management;
• Ensuring all necessary Quality Assurance reviews have been undertaken and signed off before issue; and
• Assist in internal and external audits of financial information, procedures and controls.
Person specification
Qualifications
• Working towards a recognised cash and banking or accounting qualification (CIMA, ACCA) or qualified through experience would be beneficial however not essential.
• GCSE level qualifications including Maths and English;
Experience / person specification
• Monitoring and delivering the allocation of cash received, identifying the source funds and ensuring all sums received are posted to the correct accounts with 24 hours of receipt. Resolving unidentifiable items, reviewing and clearing bank reconciliations and ensuing that under no circumstances the bank account balances are overdrawn;
• Ensure that services are delivered in accordance with the agreed contract;
• Work with team members on client monies management;
• Ensuring all necessary Quality Assurance reviews have been undertaken and signed off before issue; and
• Assist in internal and external audits of financial information, procedures and controls.
BNP Paribas Real Estate is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, colour, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
