Financial Account Specialist
1 week ago
Job Title: Reconciliation Analyst - Banking
Job Summary:
Isilumko Staffing (JHB) is seeking a meticulous and proactive Reconciliations Analyst to ensure the accuracy and integrity of our financial accounts.
Key Responsibilities:
- Account Control: Manage a portfolio of foreign currency, domestic, and internal accounts.
- Bank Statement Management: Ensure all bank statements are received and accessible on Intellimatch and Storqm.
- Data Importation: Verify that all necessary data for reconciliation is imported into relevant systems from various processing and settlement platforms.
- Daily Reconciliation: Perform daily reconciliations of accounts and investigate exceptions thoroughly.
- Problem Identification: Identify and address the source of problems, follow up on exceptions to ensure resolution within agreed SLAs, and escalate issues to senior management as needed.
- Product Knowledge: Maintain a comprehensive understanding of company's foreign currency and domestic trading products, including their settlement systems.
- Fraud Detection: Stay vigilant for potential fraudulent transactions and report any suspicious activities to senior management immediately.
- Risk Management: Manage risk and costs to enhance the overall effectiveness of the Corporate and Investment Banking Division and ensure compliance standards are met through daily action on control reports and checklists.
Qualifications and Skills:
- Product Knowledge: In-depth knowledge of foreign currency and domestic trading products.
- Reconciliation Processes: Strong understanding of reconciliation processes and settlement systems.
- Problem-Solving: Excellent problem-solving and analytical skills.
- Attention to Detail: High attention to detail and accuracy.
- Time Management: Ability to manage and resolve issues within strict deadlines.
- Risk Management: Proactive approach in managing risk and identifying potential fraud.
- Communication: Effective communication skills for interaction with senior management and business unit directors.
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