Financial Reconciliation Specialist
1 month ago
TalentCru is seeking a skilled Financial Reconciliation Specialist to join our team. In this role, you will be responsible for performing detailed account reconciliations, identifying discrepancies, and resolving issues to ensure accurate financial reporting.
As a Financial Reconciliation Specialist, you will collaborate with various departments to ensure data integrity and compliance with financial regulations. Your attention to detail and analytical skills will be essential in identifying and resolving complex reconciliation issues.
Key Responsibilities:
- Control a portfolio of foreign currency, domestic, and internal accounts.
- Ensure that all bank statements have been received and are available on Intellimatch and Storqm.
- Check that all data required to perform the reconciliation has been imported into all relevant reconciliation systems, processing, and settlement systems.
- Perform daily reconciliation of the accounts.
- Conduct a thorough and complete investigation of exceptions by identifying the source of the problem and querying the correct party.
- Regularly follow up to ensure exceptions are resolved with escalations to senior management and directors of the responsible business units where necessary.
- Be alert to the possibility of fraudulent transactions and ensure that any suspicious items are brought to the attention of senior management immediately.
- Manage risk and costs to contribute to the overall effectiveness of both the corporate and investment banking division.
- Action control reports and checklists daily to ensure that all compliance standards are met.
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