Reconciliation Specialist

Our client is a leading European financial services company with offices in both Europe and UAE. They are looking for a Reconciliation Specialist with a background in banking, or financial services handling large volumes of transactions and data sets.

• Daily Fund Reconciliation: Match clients' funds with third-party statements using SAP and reconciliation software to ensure compliance with regulations.
• Workflow Monitoring: Oversee the deposit and withdrawal processes in the internal system, and resolve any discrepancies quickly.
• Transaction Processing: Handle and record transactions in SAP accounting software.
• Client Data Verification: Ensure that sufficient funds are segregated to cover client balances.
• Reporting: Prepare daily, weekly, and monthly reports on client funds and balances.
• Reconciliation Information Delivery: Organize and provide reconciliation details to the Finance, Internal Audit, and Reporting teams.
• Financial Monitoring: Keep track of balances at financial institutions and payment providers, and assess settlement or transfer needs.
• Coordination and Communication: Work with various departments within the company and with third parties to resolve issues.
• Support: Assist the Reconciliations Team Leader in creating analytical reports.
  
  

Requirements

• Degree in Accounting, Finance, Economics, Mathematics, or a related field.
• Experience in using reconciliation software or similar automated systems is a must.
• Proficient in Microsoft Office, especially Excel.
• Experience in a similar role within financial services
• Strong analytical, problem-solving, and investigative abilities.
• Keen eye for detail with the ability to identify and resolve issues.
• Excellent at managing time, working under pressure, and meeting deadlines.
• Strong communication and monitoring skills.
• Familiarity with SAP accounting software is a plus.