FNZ Group's job vacancy, Career and Recruitment Job title : Offshore Cash Reconciliation Officer jobs in Gauteng Job Location : Gauteng, Cape Town Deadline : May 29, 2024 Quick Recommended Links
General
Responsibilities will include the following:
- Download daily bank statements and reports example (Client Free Money, Trial Balances, and Consolidated External Cash Break Reports etc.)
- Bank balance verifications between banks and Trex.
- Run SQL Scripts for general Ledger or Bank Statements in the event Data copier failure. Upload into Trex.
- Run SQL script for Open Lines items.
- Using Breaks Analysis/Narrating Breaks
- Perform daily reconciliation of the Bank accounts for submission of a daily/monthly bank reconciliation and following up on any outstanding recons items and queries.
- Preparation and reconciliation of the Internal Client Money Reports
- Preparations of CMAR and CASS reconciliations
- Update daily CMS Cheque deposit Log list.
- Dealing with queries from the Client and resolution thereof within client service levels, and if unresolved escalate to the Team Leader. Address escalations timeously.
- Perform and submit monthly packs which consist of a Trial Balance, Bank recon, Balance Sheet, Income Statement, Unallocated deposits, AUM schedule and Ageing.
- Perform a reconciliation of Residuals monthly.
- Ensure daily and monthly reporting on recon deadlines is met within SLA.
- Suggest possible automation across recons and reporting!
- To ensure that all communication both telephonically and written is delivered in a professional manner.
- Develop and maintain strong relationships with the appropriate people at clients.
- Provide support for other teams in the business unit.
- Ability to use checklists to ensure all tasks have been completed.
- Ad hoc tasks when requested.
- Complete Risk Events on FRANC
Internal/External Reporting
- Preparation of Monthly Age Analysis
- Preparation of month end Risk Reporting
- Preparation of monthly Financial Reporting packs
Testing
- Test new processes and system enhancements/implementations end to end when required.
Role Overview:
To ensure that daily tasks within the transfer agency are completed in a timely manner, the candidate will have to work to tight deadlines daily and be able to carry out tasks as per outlined in departmental procedures. The role-holder will understand the governing FCA rules – in particular COLL and CASS and will demonstrate understanding as part of their role. There will be the opportunity to be involved in future on-boarding projects within the company. Responsible for maintaining the legal register for each appointed Authorised Corporate Director, with dealing and registration of each client.
Educational Requirements (Educational/academic qualifications)
- Grade 12 Matric with at least 3-5 years equivalent work experience.
- Offshore administration experience preferable
- Finance reconciliation and cash management experience preferable.
Skills & Experience
- Product Knowledge an advantage.
- 2 years’ experience in an International, Unit Trust, LISP environment, or financial services institution an advantage.
- 5 years general ledger and bank reconciliation experience.
- Must Be Computer literate.
- Intermediate Excel
- Understanding of Banking transactional systems
- Ability to convert Offshore currencies into ZAR and vice versa and the calculation of related gains/losses
Technical / Special Requirements (PC Skills / Product Knowledge / Specific Competencies)
- Computer literate - Microsoft packages, Excel (intermediate), Word, Outlook, Accounting and Reconciliation packages
- Strong numerical ability
- Strong reconciliation ability with a demonstrated track record.
- Problem solving abilities.
- Good knowledge of the Investment Industry
Personality and Attributes
- Ability to multitask, prioritize and work accurately under pressure.
- Able to work independently with minimal support
- Accountable
- Adaptable and versatile to change.
- Analytically minded
- Client centric
- Delivery/results orientated with a zero tolerance for error
- Desire to learn and grow
- Flexible/Adaptable and versatile to change
- Good stress management
- High attention to detail and accuracy
- Have a client centric attitude
- High attention to detail and accuracy with self-review being performed
- Interpersonal and leadership skills
- Methodical
- Must be flexible and be able to multitask.
- Positive attitude in a stressful and pressurized environment
- Proactive and demonstrates initiative who can challenge processes and recommend improvements
- Professional
- Self-motivated, accountable, and proactive and demonstrate initiative.
- Strong emotional Intelligence
- Strong quality and work ethic
- Sustaining longer working hours when necessary
- Task orientated, and deadline driven.
- Team player but also able to work independently.
- Willingly assisting other team members during peak/ pressurized times to ensure teams objectives and deliverables are achieved team’s objectives and deliverables are achieved.
*Accounting / Financial Services jobs in south africa
*Offshore Cash Reconciliation Officer in Cape Town