Bank Recon Associate

Record to Report – Bank Reconciliation Associate

POSITION SNAPSHOT

Location: Cairo, Egypt

Company: Nestlé Business Sercives

Full-time

Position Summary

Joining Nestlé means you are joining the largest food and Beverage Company in the world. At our very core, we are a human environment – passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future.

You will do the bank reconciliation reporting and ensuring proper treatment is applied to all entries logged in the system.

A DAY IN THE LIFE …

• Perform daily bank reconciliations for multiple bank accounts.
• Ensure accuracy and completeness of all bank transactions by comparing bank statements with Bank General ledger.
• Investigate and resolve any discrepancies or variances identified during the reconciliation process.
• Responsible for the preparation, analysis of the bank General Ledgers and ensuring clearing all pending items in a timely manner.
• Collaborate with NBS internal teams AP/AP/Payroll & Nestle Treasury Center and Market Finance Team to obtain necessary information and resolve outstanding issues.
• Monitor and report on outstanding items and aged reconciling items.
• Assist in the development and implementation of process improvements to enhance efficiency and accuracy of bank reconciliation activities.
• Assist in month-end and year-end closing activities, including providing necessary reconciliations and reports.
• Support internal and external audits by providing requested documentation and explanations related to bank reconciliations.
• Reporting the Balance Sheet using Consolidated Actuals Package (CACT) in the Magnitude Tool quarterly.
  

What Will Make You Successful

• Bachelor’s degree, preferably B. Commerce or B. Admin
• 0-2 years of experience in accounting field.
• Experience working in Cross-functional teams.
• Strong Analytical Skills
• Detail Oriented and Organized.
• Strong communication skills
• Ability to work in a challenging environment.
• Bilingual English & Arabic and French is a plus.