Investment Banking & Balancing Analyst

Location UK / Belfast

Job Type Permanent full-time

Salary Not disclosed

Updated 3 days ago

Reference 1434044

 Job Description

Excellent opportunity for an Investment Banking & Balancing Analyst based in Belfast.

Title: Investment Banking & Balancing Analyst
Ref: 5/3/BBA

Think Technology- Think Allstate

We build solutions that touch 16 million customers on a daily basis.

You will work alongside people as passionate as you, focused on delivering the best possible user experiences.

You will work in a highly collaborative environment primed to adapt to an ever-changing landscape and which places technology solutions at its core.
You will thrive, you will think differently, you will challenge convention and have the freedom to act with integrity, intention and speed; you will be at the forefront of developing capabilities in support of Allstate’s global business model; you will deliver results and you will leave things better than you found them.


Job Description
The Entry Level Investment Accountant – Banking and Balancing Analyst is primarily responsible for daily and monthly balancing between Investment applications. This would include reconciling Allstate Investment trading systems, accounting systems (Maximis), data warehouse and the General Ledger (SAP). The Consultant is expected to research and investigate exceptions and follow up to ensure that they are corrected, including identification and implementation of prevention measures. They prepare and review the month end packages in support of financial statement close deadlines. Span of control also extends to source data into Maximis through the execution of Trade Management Systems interface balancing controls and reconciliations between the trade management systems, accounting system and custodial bank.

Responsibilities include (but aren’t limited to):

  • Review and clear daily and monthly reports to locate the out of balances between the investment accounting system, and the SAP general ledger.
  • Analyze and clear position exceptions between accounting system, trade management system and custodial bank.
  • Identification, research and investigation of out-of-balance conditions, and follow up to ensure that they are corrected.
  • Prepare and Review journal entries.
  • Production and Review of Monthly reports by the close deadlines.
  • Work with the internal and external customers and auditors to provide reports and answer questions.
  • Provide monthly, quarterly and annual reports to other departments within Allstate Insurance as assigned.
  • Assist with the quarterly account reconciliation spot checks.
  • Help oversee and participate in team projects, assignments and team responsibilities such as operational improvement, control strengthening, peer analysis and team education sessions.
  • Communication
  • Provide status to Supervisor
  • Ability to work well with individuals of varying levels and departments to resolve exceptions and research issues.
  • Participate in cross-team knowledge and awareness

Essential Criteria

  • Must be an EU citizen or possess a current UK Tier 1 Visa or Tier 2 visa and eligible to take up full time, permanent employment. EU candidates must also demonstrate they are eligible to take up UK employment post-Brexit.
  • A degree in Finance, Economics, Accountancy, or similar discipline, AND
  • 1-2 years of professional accounting or reporting experience
  • Advanced skills in Microsoft Excel, Access, Outlook, Word, SAP or other general ledger applications and database querying tools.

Desirable Criteria

  • Investment industry experience is a plus
  • Oracle SQL knowledge is especially desirable
  • CPA/CPA eligible preferred
  • Good oral and written communication skills to all levels of staff and management
  • Good analytical and issue resolution skills
  • Work effectively in a team environment
  • Demonstrate initiative, creativity and a high degree of self-motivation
  • Flexibility to adapt to changing priorities and work assignments
  • Strong problem solving and decision-making skills
  • Strong time management skills and ability to meet deadlines

Apply Here: To Apply please click the APPLY NOW button below to be directed to our website.

Closing Date: 30th August 2019

Statement on Fair Employment and Equal Opportunities:

Allstate NI wishes to ensure equal opportunity is given to all job applicants.  This company will not discriminate on the grounds of race, gender (including gender reassignment status), sexual orientation, religious belief, political opinion, marital status, age or disability.

Applicants should note Allstate NI complete AccessNI background checks on all candidates offered a position.