Posted on :
21 Jun, 2018
21 Jun, 2018
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realize their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
Job Title: Reconciliation Manager
The Role Responsibilities
Controls and Reconciliations
Be familiar with the Financial Control Policy as well as all other relevant policies.
Responsible for preparing identified reconciliations including but not limited to;
Maintain the integrity of data in the Bank’s general ledger where there is no interface from the TP system to the general ledger where applicable.
Review and investigate the Income Statement reconciliation differences between Transaction Processing systems and general ledger when necessary
Providing analysis of the Income Statement to facilitate their reconciliation to the General Ledger when requested by countries.
Maintaining proper documentation for the unit.
Maintain the accuracy and integrity of all processing and static data.
Escalation of ageing balances to senior management in timely manner, while at the same time providing reasonable opportunity for the processing teams to resolve them before being escalated
Helps identify reconciliation issues early for account / cost centre owners to take steps to mitigate the trends.
Risk and Control
Perform Process Risk Analysis (PRA) for the reconciliation process to identity the potential risk along with mitigating controls.
Assess, measure, accept and monitor regularly the residual risk inherent in the process per policy recommendation
Assist in Key Control Self Assessments (KCSA) and Key Risk Indicators (KRI) work in a timely manner and ensure that quality of KCSA and KRI work can stand up to scrutiny and review by the second and third lines of defence
Continuously be vigilant to identify material operational risks, and flag these to the Risk Manager or Line Manager(s) as appropriate.
Engagement with respective stakeholders at least once a month to quantitatively and qualitatively assess the reconciliation process health and metrics.
Ensure timeliness, ownership, and tracking of risk issues identified
Managing assigned tasks professionally and efficiently.
Ensuring compliance of regulations, policies and requirements of the scope countries.
Continually reviewing all assigned processes in order to identify opportunities for quality and process design improvement.
Ensuring total customer satisfaction by providing quality service, that is error free, submitted in a timely manner and communicated effectively.
Ensure that adhoc reports required by the customers are reconciled and sent in a timely manner.
Upholding the Values of the Group and Company at all times
– Qualified Accountant and University degree with at least 3 years experience in a medium size organisation.
– Knowledge of People Soft General Ledger (PSGL) system and general high level of computer literacy
– Good communications and interpersonal skills