Reconciliations Officer, Corporate & Investment Banking

Job Description

• We are seeking a detail-oriented and analytical Reconciliations Officer to join our Reconciliations CFID team in Johannesburg, South Africa. In this Contract position, you will play a crucial role in ensuring the accuracy and integrity of our financial records through meticulous reconciliation processes.
• The successful candidate will demonstrate exceptional organizational skills, a commitment to precision, and the ability to work efficiently within established timescales. Perform daily, weekly, and monthly bank reconciliations, identifying and resolving discrepancies promptly
• Reconcile general ledger accounts to supporting documentation and external statements
• Analyze variances and investigate outstanding items to determine root causes
• Prepare detailed reconciliation reports and documentation for audit and management review
• Maintain accurate records of all reconciliation activities and maintain an organized filing system
• Liaise with internal departments and external parties to resolve outstanding reconciliation issues
• Monitor and track payment processing to ensure timely and accurate transaction recording
• Assist in the month-end and year-end close processes
• Support the implementation and maintenance of reconciliation procedures and controls
• Contribute to the continuous improvement of reconciliation processes and efficiency

Qualifications

• Proven experience in reconciliation processes and financial account management
• Strong proficiency with Microsoft Excel and accounting software applications
• Solid understanding of general ledger principles and accounting practices
• Excellent numerical accuracy and attention to detail
• Demonstrated ability to analyze financial data and identify discrepancies
• Strong organizational and time management skills
• Excellent written and verbal communication skills
• Ability to work independently and as part of a team
• Desirable experience with ERP systems (such as SAP or Oracle)
• Desirable knowledge of audit procedures and financial controls
• Desirable background in financial services, banking, or accounting sectors
• Desirable advanced Excel skills, including pivot tables and data analysis functions