Reconciliation Officer

Key Responsibilities:

• Manage daily cash reconciliations for complex accounts, ensuring discrepancies are promptly investigated and resolved.
• Review reconciliation reports to ensure accuracy and compliance with internal controls.
• Serve as the first point of contact for escalations related to reconciliation issues, coordinating with the Manager for resolution when necessary.
• Assist in the transition of cash reconciliation activities to the NA-based team, including providing guidance on knowledge transfer and process documentation.
• Collaborate with cross-functional teams to support efficiency improvements and process standardization across the reconciliation function.
• Ensure adherence to KPIs and SLAs, providing feedback to Officers and making recommendations for process enhancements.
• Participate in process improvement initiatives aimed at reducing reconciliation errors and improving cycle times.
• Train and mentor Officers on reconciliation processes, fostering a culture of continuous learning and improvement.

PROFILE

• Bachelors degree in finance, Accounting, Business Administration, or related fields.
• 2+ years of experience in financial operations, accounting, or reconciliation.
• Sound knowledge of Syndicated Loans & Structured Credit products.
• Working knowledge of different Loan platforms like WSO, Sentry would be an added advantage.
• Solid understanding of reconciliation processes and financial principles.
• Proven experience in resolving complex reconciliation discrepancies.
• Strong analytical and problem-solving skills.
• Ability to train junior team members.
• Proficiency in Microsoft Excel and reconciliation software.
• Strong communication and stakeholder management skills.
• Ability to work independently and as part of a team in a high-volume, deadline-driven environment.
• These job descriptions align with the responsibilities and qualifications expected at each level while contributing to the overall reconciliation function.