Fair Payments Assistant

Job content

Over the last 16 years, we have helped over a million satisfied customers move and manage their money. Our award-winning product portfolio allows our customers to make low-cost multi-currency payments across various payment products.From travel money to transfers, currency hedging, to expense management, we are focused on a single goal of making it easy for our customers to manage and move their money.As a business, we are committed to delivering value to our customers through the combination of advanced payments technology and personal expert service.About The RoleA Fair Payments Assistant at the Equals Group is a forward thinking and imaginative thinker. You must have an excellent attention to detail, and are dedicated to ensure that all things Fair Payments are completed both in a timely and accurate manner.Working closely with the Fair Payments Manager, your duties will include, but are not limited to:

• Separating income from all client safeguarded accounts each day, in order to avoid commingling of funds. Ensuring that this is either accurate or has a logical approach
• Ensuring that all client fund liabilities (card balances) are safeguarded within the designated safeguarded client accounts at all times, with appropriate reconciliations/rational in place for any timing differences
• Ensuring that all currency reconciliations are completed accurately and all income is disbursed accordingly
• Ensuring that all Mastercard invoices are paid in good time and any unrelated costs to Fair Payments are recharged accordingly
• Assisting the Fair Payments Finance Manager to ensure sufficient capital adequacy is in place at all times
• Ensuring that the safeguarding ‘Issuing rec’ is completed daily with current exchange rates and any issues with regards to safeguarding are reported straight away
• Assisting the Fair Payments Finance Manager to ensure that the Fair Payments safeguarding policy is always kept up to date
• Keeping up to date with any regulatory changes, FCA and Mastercard
• To work alongside the Fair Payments Manager, ensuring that Fair Payments Ltd management accounts are completed accurately and in a timely manner each month
• Posting accruals, recharges and any other standard or recurring monthly journals
• Consolidation of P&L, Balance Sheet and Cash flow management
• Variance analysis and reporting
• Asset register maintenance
• To assist the Fair Payments Manager during external company audits, both Financial and Safeguarding
• To suggest changes and improvements to procedures
• To implement any new processes and improvements to existing processes, in order to ensure that all elements are fully reconciled accurately and efficiently
• To attend training courses and meetings as required
• To undertake any other reasonable duties that may be required from time to time by the Fair Payments Finance Manager

About YouWe believe that certain skills are essential in order to be successful in this role and these are detailed below. You may not have all the other skills we have outlined as desirable, we understand that and will still welcome your application. We will carry out individual interviews for shortlisted candidates and assess who is best suited for the role after we have discussed everything with you.Essential Skills

• Excellent attention to detail
• Reliable and a forward thinker
• Ability to work calmly under pressure
• Excellent organisational skills
• Advanced MS Excel
• Ability to keep up to date with current financial regulations and good practice

Desirable Skills

• Sage 200 experience
• Knowledge of EMI requirements and commercial matters

We believe that certain skills are essential in order to be successful in this role and these are detailed above. You may not have all the other skills we have outlined as desirable, we understand that and will still welcome your application. We will carry out individual interviews for shortlisted candidates and assess who is best suited for the role after we have discussed everything with youOur investment in youWe aim to be a people-first business. We welcome people into the Equals group and desire to grow and develop our talented teams.Our people are part of one group; we believe in teamwork and celebrating our successes. We strive to embrace our values of ‘Succeed Together’, ‘Be the Customer, ‘Make it Happen’ and ‘Go Beyond’.We believe in empowering conversations; that’s why we’ve invested in our managers and teams to ensure we bring out the best in each other. We want to put you in the driving seat of your career and achieve your full potential through growth opportunities and developmental support.You will join an environment that encourages learning and knowledge sharing. Our managers and leaders will guide you to realise your drivers and promote your motivating career plan.When you join the Equals Group, we help you get more out of your career, to get more out of life.In-house benefits

• A competitive salary benchmarked against a peer group
• 25 days holiday per year + your birthday off
• Bupa Private Healthcare
• Bupa Mental Health Services & EAP
• Opportunities for progression, development and learning new skills
• Free onsite Nuffield Health gym & pool (London) and discounted gym membership elsewhere
• Interbank currency rates on travel money and international transfers
• A flexible working environment
• Cycle to Work Scheme
• Enhanced Maternity & Paternity pay
• Season Ticket Loans
• x3 Annual Salary Life Assurance
• A flexible working environment

We operate a hybrid working arrangement where possible, which means that for some roles you will be able to work remotely for some days of the week. However, we still want employees to collaborate in person at both our London and Chester offices, and therefore, candidates will need to still be a comfortable commuting distance from either location for the days you are required to work from or come into the office.