Reconciliations Analyst Finance - Cape Town Verfied

Salary Negotiable Cape Town, Western Cape Cape Town, Western Cape more than 14 days ago 02-05-2017 2:46:43 PM
30-05-2017 2:46:43 PM
Function: Financial Operations (FinOps)

Reports to: Reconciliations Improvements Manager

Role Purpose: To perform Cash & Suspense Reconciliations and assist with monthly FinOps Management Pack. Provide Adhoc financial & analytical support to the FinOps function by gathering data from our various in house database systems

Key Accountabilities

Perform daily reconciliations of all bank payments across various products for Cash In, Cash Out & Remediation
Monitoring, recording & investigating exceptions/reconciling items e.g. unposted cash, cheques, returned payments, bounces and refunds etc.
Manage day to day BAU activities on the suspense account to ensure that the customers are treated fairly
Assist in other Adhoc duties such as, exporting daily reports, Suspense account reconciliations, and investigations
Daily postings into Accpac accounting system
Update & report weekly Suspense KPI’s
Provide Adhoc financial & analytical support to the FinOps function by gathering data from our various in house database systems, and liaising with our Business Intelligence team to streamline & automate our reporting
Other duties will also include, preparation of Department (FinOps) monthly management pack, which includes producing various statistical information using intermediate/advanced Excel & PowerPoint skills
Identify any risks and issues, and escalate where necessary, within Reconciliation or Suspense items
Produce monthend reconciliation numbers for Financial Accountant
Take on additional Managerial duties from Reconciliation Manager where necessary

Qualifications and Experience

Must have 2-4 years’ Reconciliations experience in a Financial Services organisation
Intermediate/Advanced in MS Excel – Able to work with & produce complex formulas on large volumes of data
Proficient in the use of MS PowerPoint
Will be using our bespoke system so must have experience using a number of different systems
Ability to analyse & interpret large volumes of data, paying particular attention to detail
Strong analytical and problem solving skills.
A flexible person who likes a challenge in a rewarding environment, and able to perform under pressure & to tight deadlines, whilst dealing with high volumes of transactions
Must be able to communicate to a high standard both written & verbally

Success Measures

Issues are escalated in a timely manner
Suspense items & maintained efficiently & effectively
Reconciling items resulting from Reconciliation performed are resolved & maintained effectively
Completion of all mandatory training
The customer has been treated fairly

Position open to SA Citizens ONLY

Clear credit record

No criminal record

Reside in Cape Town