Reconciliation Specialist

Client Digital Outsource Services
Reference # 1
Published 16/05/2017
Contract Type Permanent
Salary Market Related
Location Cape Town, Western Cape, South Africa
The Finance department is looking for a focused, self-motivated & dynamic individual to join their team, to fill a Reconciliations Specialist role. The reconciliations function is responsible for ensuring that funds received for our clients from Data Cash and other processors is accurate, complete and not long outstanding. This position reports to the Finance Manager.
Job Functions Accounting
Industries Accounting,Banking / Finance & Investment
Duties will include, but will not be limited to:

1.Direct integration Processing and Reserves
1.1.Receive manual Navision (NAV) import (dataport) from BI Finance
1.2.Reconcile to ensure accurate and complete
1.3.Post into NAV weekly
1.4.Match and reconcile data in NAV and resolve discrepancies

2.1.Match and reconcile data in NAV and resolve discrepancies

3.Adhoc fees
3.1.Prepare the dataports for wire fees, chargeback fees, refund fees
and other ad hoc items. Upload into NAV (additional information
can be obtained from the daily reconciliation statements)

4.Fraud Data
4.1.Ensure that detailed chargebacks per BI ledger agrees to the
processors summarized transactions
4.2.Follow up discrepancies with departments
4.3.Prepare dataport and upload into NAV

5.Refunds and withdrawals
5.1.Ensure that detailed refunds per BI ledger agrees to the processors
summarized transactions
5.2.Follow up any discrepancies with departments
5.3.Prepare dataport and upload into NAV
5.4.Release funds when treasury accountants have initiated

6.Month-end reporting and audit process
6.1.Prepare the following month end balance sheet reconciliations for
inclusion in the month end and audit files:
-Bank reconciliations
-Post and control accounts
-Vendor / Processor reconciliations
6.2.Prepare monthly reports (open items, aging and balances for
inclusion in the audit packs and month end files).
6.3.Include all support electronically with month end reconciliations
Essential Requirements:
•B.Com Finance Degree or related
•3 – 5 years reconciliations experience
•Accounting experience
•Proficient in Microsoft Excel

Advantageous Requirements:
•Experience with accounting software (e.g. Navision)

Personal Competencies:
•Team player
•Good interpersonal skills
•Excellent planning and organizational skills
•Proven analytical and problem solving ability
•Ability to work in a fast paced, pressurized environment
•Excellent communication skills
•Good decision-making capabilities

This position requires trust and honesty as it has access to customers financial details - therefore a credit and criminal record check will be conducted.
The qualifications identified herein are an inherent job requirement, therefore a qualification verification check will be done.

By applying for this role, and supplying the necessary details, you hereby grant us permission to apply for these checks. This will be done in a confidential manner, and solely for the purposes of verification.

Should you not hear from us within 2 weeks, please deem your application as unsuccessful.
Job Closing Date 31/05/2017
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