Wait, What Do You Do?

<h1>About us</h1> The Financial Times is one of the world’s leading news organisations, globally recognised for its authority, integrity and accuracy, with a mission to deliver quality information and services worldwide. At the FT, curiosity thrives and ambitious thinking is rewarded. Here, you’re given the chance to reach millions, create work that matters and deliver impartial journalism in a polarised world. In our warm, collaborative culture, you’ll connect with a diverse community of experts who support your growth, career aspirations and wellbeing. Your future at the FT will be filled with opportunities that challenge and inspire you. With no fixed path, you’ll discover new skills and forge a career that can take you anywhere. Build a newsworthy career at the FT. <h1>Our commitment to diversity, equity and inclusion</h1> We believe in the power of unique perspectives and want all voices in our organisation to be heard, respected and valued. A supportive workplace is one where employees feel they can be themselves and operate to their full potential. We are committed to removing barriers for everyone, with a focus on addressing those faced by underrepresented groups.   The role  The Record to Report Analyst is responsible for the accurate and timely management of bank and cash-related activities, including the review of bank statements, identification and analysis of transactions, and coordination with Accounts Receivable (AR) and Accounts Payable (AP). This role performs daily and month-end bank reconciliations and related balance sheet account reconciliations, ensuring all cash movements are accurately recorded in the general ledger. The role ensures reconciling items are promptly investigated and cleared, and that bank balances are fully supported in line with internal controls and reporting requirements. Success in this role is defined by the consistent delivery of fully reconciled bank accounts, signed off on time each month, with accurate GL cash balances and no unexplained items or impact on financial close or reporting. Key responsibilities <h3>Bank Reconciliation & Cash Management</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Manage the timely receipt, monitoring, and uploading of all bank statements to ensure completeness and accuracy</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Perform daily and periodic cash balance reviews and escalate discrepancies or irregularities</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Prepare and maintain bank reconciliations, ensuring all accounts are reconciled within agreed timelines</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Ensure all bank accounts are fully reconciled and signed off monthly with no unexplained differences</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Perform reconciliation of other related balance sheet accounts, including Editorial Bureau accounts, ensuring completeness, accuracy, and timely resolution of reconciling items</li> </ul> <h3>Investigation & Issue Resolution</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Investigate and resolve reconciling items, ensuring timely clearance of outstanding differences</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Perform root cause analysis on recurring issues and implement corrective and preventive actions</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Escalate unresolved or high-risk items in a timely manner</li> </ul> <h3>Transaction Processing & Accuracy</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Accurately post bank-related transactions, including fees, interest, and other charges</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Ensure all cash movements are correctly recorded in the general ledger</li> </ul> <h3>Treasury Support & Stakeholder Management</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Confirm fund availability for payment runs to ensure timely execution of disbursements</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Propose fund management opportunities, including spot trading of excess currencies and fund transfers across FT group companies</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Prepare and distribute daily cash position reports to FT Group Finance Controllers</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Coordinate with AR to resolve unidentified receipts</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Liaise with AP to provide accurate bank payment information for proper recording</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Act as a key point of contact for bank-related queries</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Build strong working relationships with AR, AP, Treasury, and Finance teams</li> </ul> <h3>Controls, Compliance & Audit</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Execute reconciliation controls and review procedures in line with internal policies</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Ensure compliance with accounting standards, company policies, and regulatory requirements</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Maintain complete and accurate documentation and audit trails</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Support internal and external audit requirements</li> </ul> <h3>Reporting & Continuous Improvement</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Provide regular updates on reconciliation status, outstanding items, and issue resolution</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Prepare monthly reporting and KPI packs, highlighting key variances</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Identify control gaps and recommend process improvements</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Maintain and update process documentation and training materials</li> </ul> <h3>Additional Responsibilities</h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Support control testing activities and identify process inefficiencies</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Participate in special projects and ad hoc tasks as required</li> </ul> Required skills and experience  <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Candidates must possess at least a Bachelor's/College Degree in Accountancy or Finance and/or equivalent courses. Certification of Public Accountancy is preferred, but not required.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;"> Minimum of one (1) year of experience in cash management, bank reconciliation and account reconciliation.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Preferably with Oracle System, Adbook and/or Salesforce, Archimedes, CRM background but not required.</li> </ul> Core Competencies <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Attention to Detail - Ability to notice both minute and pertinent details of transactions, situations and documents; thorough and conscientious when performing work.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Effective Communication – Can convey clear and convincing oral and written communication to individuals or groups effectively taking into account the audience and nature of information being presented. Uses appropriate strategies to gain genuine agreement and commitment. </li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Customer Service – Ability to work with internal and external clients, assess needs, provide information or assistance, resolve concerns, or satisfy their expectations; committed to providing quality products and services.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Problem Solving – Ability to identify problems; determine accuracy and relevance of information; use sound judgement to generate and evaluate alternatives and make recommendations.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Collaboration with Peers – Coordinates with teams across department, organisation, and global boundaries; Builds and maintains a broad network of relationships with the aim of promoting and developing the organisation.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Analysis - Examines data to grasp issues, draw conclusions, and solve problems. Applies logic and complex layers of rules to analyse and categorise complicated information. Sees relationships between information in varied forms and from varied sources.</li> <li style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Reporting - Identify the appropriate content and communicate clearly and objectively to the intended audience, the work performed and the results as governed by professional standards, required by law or dictated by the business environment.</li> </ul>   What’s in it for you? Our benefits Our benefits vary by location but we are committed to providing best-in-class perks across all our offices. These include generous annual leave, medical cover, inclusive parental leave packages, subsidised gym memberships and opportunities to give back to the community. Full details of our benefits are available <a href="https://aboutus.ft.com/careers/benefits">here.</a> We’ve embraced a 50% hybrid working model (averaging two to three days onsite) that fosters trust and remote adaptability while encouraging in-person camaraderie and peer learning. Additionally, we are open to accommodating specific flexible working pattern requests for all roles where feasible. Accessibility We are a disability confident employer and Valuable 500 signatory. Please let us know if you require any reasonable adjustments/personalisation as part of the application process or to enable you to attend an interview. If you would like to discuss your requirements or have any questions, email <a href="https://mail.google.com/mail/?view=cm&fs=1&tf=1&to=talent@ft.com">talent@ft.com</a> and a member of our team will be happy to help. Further information At the FT, we embrace innovation and the use of technology and appreciate that individuals may leverage AI tools as part of their job application process. Whilst we are happy for you to use AI to assist with your application, it is essential that all information provided is authentic and accurately represents your skills, experience, and qualifications. Candidates should be aware that the use of AI throughout the application process may be monitored to ensure a fair and transparent hiring process for all. Please beware of fraudulent job postings and offers claiming to be from the Financial Times. All legitimate opportunities will direct you to apply through the official Financial Times careers site, and the FT will never ask for financial information, payments, or referrals to third parties during the hiring process. If you have any concerns about the legitimacy of a job posting or suspect any scam activity, please contact <a href="mailto:talent@ft.com">talent@ft.com</a>.  Interested in the FT but don’t see the right role yet? Join our <a href="https://aboutus.ft.com/careers/stay-connected">Talent Community</a> to receive exclusive updates, featured jobs, and insights into working at the FT.