Operations Reconciliation Manager

5 days ago


Johannesburg, Gauteng, South Africa Paycorp Group Full time

The ideal candidate will have a strong background in managing complex reconciliations for various payment systems, such as ATMs and interbank settlements.Lead efforts in streamlining reconciliation processes, eliminating discrepancies and improving accuracy, and enhance operational efficiency and transparency, significantly reducing reconciliation time and improving reporting accuracy.

The responsibilities of the position include:

  • Lead and manage the operations reconciliations function, focusing on complex reconciliations of cash and financial instruments
  • Develop, implement, and maintain reconciliation policies and procedures to enhance accuracy and efficiency
  • Analyze, investigate and resolve discrepancies identified during reconciliation processes and ensure timely correction
  • Collaborate with various internal departments and 3rd parties, including accounting, finance, and operations, to gather necessary data and enhance reconciliation practices
  • Monitor daily cash positions and manage cash forecasting
  • Prepare and present Exco reports on treasury activities, including reconciliations and cash flow forecasts
  • Ensure compliance with internal controls and regulatory requirements
  • Identify opportunities for process improvements and automation in reconciliation workflows
  • Ensure all bulk cash is accounted for on a daily basis
  • Stay updated with industry trends and best practices related to transaction management and reconciliations

In order to be considered for the position, the following requirements must be met:

  • Matric
  • Completed BCom Honours Degree with majoring in Finance
  • CA(SA) qualification will be preferred
  • Min 3 years' experience post articles in a finance/treasury environment
  • Previous experience in Financial Services / ATM Industry will be an advantage
  • Min 1 years' experience in managing staff
  • Previous experience in dealing with complex reconciliations
  • Must be MS Office proficient with Advanced Excel

Behavioral Competencies:

  • Planning & Organising
  • Communication & Impact
  • Customer Focus
  • Problem-solving
  • Initiating Action
  • Financial Acumen
  • Results Orientation
  • Adaptability
  • Engagement Readiness
  • Leadership Disposition
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