Senior Associate - Reconciliation Development (IntelliMatch)

Job Summary

The role entails developing rules for Nostro/GL/Suspense accounts to enhance auto-matching capabilities for reconciliations. This involves creating product-specific rules for FIS Intellimatch to ensure accurate reconciliation from the general ledger to the appropriate source. Monitoring the integrity of general ledger accounts, identifying discrepancies, and investigating un-reconciled balances are key responsibilities. Collaboration with IT, Finance, Ops Risk, Internal, and External Audit is vital for effective reconciliation and issue resolution. Additionally, the position involves preparing quality dashboards, generating management reports, and implementing process improvements to optimize efficiency and accuracy within operations.

Key Accountabilities

• Develop, test and produce matching rules for NOSTRO/ Dividend/ Central Bank/ ATM GL/ Sundry/ Suspense accounts reconciliation & monitoring of aging analysis.
• Develop, test and produce matching rules for Visa Card/ MasterCard/ Diners including Issuing & Acquiring – Debit & Credit Card GL reconciliation & monitoring of outstanding items.
• Review and optimize all data inflows for all required reconciliations
• Develop dedicated automated dashboards to monitor matching, aging, data quality and effectiveness
• Automation of all manual reconciliation processes with proactive controls for exception management
• Reviewing the transaction defects based on root-cause reports and identifying/proposing robotic automation solutions with enhanced controls.
• Strong understanding of financial concepts: A good understanding of financial concepts such as general ledger, accounts payable, accounts receivable, etc
• Experience with financial reconciliation software: Experience with financial reconciliation software such as IntelliMatch is essential. Knowledge of other similar software, such as TLM Reconciliations Premium or SmartStream TLM Reconciliations, may also be beneficial
• Understanding of database management: strong understanding of database management, including data modeling and database design.

Skills

Experience

Minimum Qualifications:

• Bachelor degree in Information Technology or equivalent (Finance degree on top is a plus)

Minimum Experience:

• 2+ years’ relevant experience

Systems experience:

• knowledge of FIS “Data Integrity Manager” (Intellimatch)
• Knowledge of Misys/Equation/Finacle/ICBS/ credit cards systems
• SQL, Power BI and Advanced Microsoft excel are major plus.
• Python and or knowledge of robotic tools for process automation are a plus

Knowledge and skills

• Proficiency in programming languages: proficient in programming languages such Python or C++. Knowledge of SQL is also essential
• Project management;
• Co-ordination of multiple teams;
• Understanding of database management: strong understanding of database management, including data modeling and database design.
• Excellent communication and organizational skills

Competencies

• Initiative
• Integrity/Ethics
• Personal Organization
• Process PRIME postings manually
• Process transaction vouchers received from various Departments (internal)
• Productivity
• Receipt and verify the posting and payroll documents received
• Results Focus
• Self Development
• Strategic Thinking/Management

Skills

• Ability to interact with internal and external stakeholders
• In-depth knowledge of cheque processing
• Office/Work Station Design

Education

• Bachelor degree in Banking/Business or equivalent