Share this Job

Senior Cashier

Date: Jul 22, 2019

Location: Birmingham, United Kingdom

Company: KPMG UK

The Role

KPMG’s Restructuring team are looking for a Cashier to join their team.

The team of trusted advisors offer a full range of services to stressed and distressed businesses, ranging from formal insolvency through to advising profitable businesses on enhancing value and solving issues.

This role will be focusing purely on dealing with all aspects of cashiering work arising on our insolvency engagements, with the ideal candidate ideally bringing existing experience directly working in this field.

The successful candidate will be based within the Midlands but will join our national cashiering team supporting on engagements across the country, and have a line manager within this group.


The successful candidate will be responsible for the following key tasks:

- Ensuring cheques received are recorded correctly, banked and inputted into IPS (Insolvency Practitioners System) within the timescales set out in our cash procedures.
- Importing and processing of all available bank transactions files. Monitoring any automatically produced ‘direct receipts’ and ensuring these are dealt with promptly.
- Producing and processing ISA and CHAPS/faster payments.
- Printing of cheques including distributions for home region and when necessary across other areas.
- Ensuring that all the above payment types have the correct backing documentation and are coded correctly.
- Processing bank transfer and journal transactions, ensuring that the correct backing documentation is attached and correct coding has been used.
- Monitoring ‘other actions’ to ensure transactions are dealt with within the correct timescale and liaising with engagement teams regarding any outstanding transactions.
- Proactively managing the case load to spot and avoid any arising issues and troubleshoot those with engagement leaders and managers.
- Reviewing reports to ensure all estate bank accounts are reconciled on a monthly basis and there are no late statutory returns.
- Closing estate bank accounts.
- Archiving IPS cases, ensuring all diary lines are signed off, bank accounts are closed and VAT journals have been completed.
- Liaising with banks and building relationships.
- Troubleshooting bank related issues.
- Being one of the first points of contact for staff with IPS/TPS and cashiering related queries.

The Person

The key skills required are:

- Several years’ experience in a Restructuring cashiering role is required
- Knowledge and experience of IPS is required; additional training would be provided on other required systems.
- Highly organised and have an ability to prioritise effectively.
- To have the flexibility to be able to respond to sudden and sharp changes in workload.
- Common sense and an eye for detail/accuracy.
- Excellent communication skills and the ability to remain calm and professional in times of stress.
- The confidence and ability to challenge more senior staff and correct coding and/or procedural errors identified.

Job Segment: Seasonal, Bank, Banking, Retail, Finance