Back

Payment Allocations Administrator – (12 Month FTC)

Job Description

We are more than Financial Services as we are turning ideas into reality. Be it the global transition to cleaner energy sources, the digitisation of manufacturing, the rapid development of smart infrastructure, mobility solutions and healthcare systems - financing is more crucial than ever. We make real what matters by combining our financial expertise with deep technical know-how to provide unique financial solutions. Do you want to play an essential role in helping build a better future? Are you also keen on turning established thinking on its head in the search for game-changing solutions that maximise value creation? Then join our team and let’s develop together what will be important tomorrow!

Siemens Financial Services (SFS) has an exciting opportunity available for a Payments Allocations Administrator to join our Operations Support Team. This role will be based in Stoke Poges.

The team provides a dedicated support service both to our end user customers and all internal stakeholders, managing specific operational and operational finance processes including but not limited to; cash allocation, banking, management of company suspense accounts, settlements, refunds and Novation’s.

The team also provides support to the customer facing areas within SFS, acting as an all-encompassing back-office function for key operational activities.

Change the future with us.

  • Effectively manage the cash allocation of customer payments, and movement of monies in accordance with guidelines and processes.
  • To take ownership of both General, and, Agreement Suspense balances, ensuring that monies are allocated / refunded / processed in a timely manner in line with clear KPIs.
  • Maximise upon revenue opportunities for SFS through correct and accurate identification monies paid to and held by the business.
  • To support Service Delivery and Business-Processing by actioning all back-office functions including settlement requests, restructures of agreements, inter-company money transfers, banking, and resolving all query payments ensuring compliance with all associated controls and processes.
  • Manage the Operations Support e-mail inbox ensuring all queries are turned around within the given SLA timings.
  • Promote and support internal and external incentives.
  • Support the SOX/Compliance controls within the department.
  • Support the Operations Manager where appropriate with process improvement and process efficiencies.

We are looking for super minds, with the following experience:

  • Strong internal relationships with the following departments: Operations, Finance, Sales (Internal & External), Asset Management, Collections, Legal
  • External relationships with customers, suppliers and end users

We’ve got quite a lot to offer!

Our compensation package includes a competitive salary, quarterly bonus, 26 days holiday allowance, competitive pension scheme, private healthcare and other flexible benefits. We celebrate the fact that our employees are individuals and have different wants and needs. With this in mind, we have a flexible benefits scheme where you can tailor your benefits package to suit you.

Siemens recognise that building a diverse workforce is critical to the success of our business. We strongly encourage applications from a diverse talent pool and welcome the opportunity to discuss flexibility requirements and workplace adjustments with all our applicants. We have partnered with VERCIDA, the UK's largest diversity and inclusion focused careers site where all our vacancies are in an accessible format. If you require any reasonable adjustments to be made to enable you to participate in the recruitment process, please let us know via our FAQ section here or contact the recruiter.


Organization: Siemens Financial Services

Company: Siemens Financial Services Ltd.

Experience Level: not defined

Job Type: Full-time

Can't find what you are looking for?

Let's stay connected

Can't find what you are looking for?