Description
Income Administrator required for a 6 month contract based in London.
Job summary:
To ensure that all dividend data for upcoming, future events are captured and entered into the Quasar system correctly. In addition to ensure that dividend entitlements due to clients are received appropriately and processed accurately into Quasar. To then chase up dividend entitlements due from counterparties through to receipt and resolve discrepancies between expected and actual income receipts.
Principal Accountabilities:
To accurately take receipt of market dividend data and ensure that via a reconciliation process current, accurate information on future dividend data across all markets is uploaded into Quasar.
To process Quasar receipt of all income payments which are due to clients, within one day of receipt. To identify all receipts which do not match with expected entitlements and take necessary steps to resolve. To escalate potential problems as a result of this.
To update unallocated income records where income cash receipts cannot be applied to outstanding entitlements. To raise such entries with the appropriate custodian and chase through to correction. To actively review and chase up unallocated income entries in order to reduce unallocated income balances.
To establish reasons for non-receipt of dividend payments and issue written market claims promptly after the due date. To actively pursue claims as necessary to ensure prompt receipt of monies. To arrange payment of claims made against clients where over payment has been received.
Identify changes required to correct Quasar entitlements and advise necessary departments (Income Generations, Income Taxation, Investment Support) to ensure errors do not reoccur.
To compile and issue management reporting as and when necessary.
Support other members of the team and provide a client focused service
To carry out other duties as reasonably required within the role.
Profile of Ideal Candidate:
Minimum 5 GCSE's (or equivalent) including Mathematics & English language
Experience gain in a dividend income environment
Good PC skills, particularly on Microsoft Excel, Word and outlook applications.
Numerate and high degree of accuracy.
Well organised with good written and verbal communication skills.
Flexible in approach to work and attitude.
If you match these requirements, please apply in the normal way. Elevate will send you an email, please open, click and action that email and your application will be visible to the hiring organisation directly.