Reconciliation Analyst III

TouchNet Information Systems, Inc.; Leicester; On-site; GBP 30,000 - 45,000; Full time

Job summary

A financial service provider in the United Kingdom is seeking a detail-oriented professional to perform daily financial settlement and reconciliation tasks. The ideal candidate will possess a Bachelor's degree in Business Administration, Accounting, or Finance, and have strong skills in Excel and communication. Duties include supporting audits, creating documentation, and resolving discrepancies. This position demands strict adherence to deadlines and reliability.

Qualifications

• Ability to perform financial reconciliations and resolve discrepancies.
• Excellent written and verbal communication skills required.
• Comfortable working in a fast-paced environment and adhering to deadlines.

Responsibilities

• Independently perform daily settlement and reconciliation tasks.
• Create and maintain documentation for daily procedures.
• Monitor and resolve settlement failures according to policy guidelines.

Skills

Financial reconciliations

Communication skills

Excel proficiency

Google Workspace proficiency

Education

Bachelor's Degree in Business Administration, Accounting, Finance or related field

Job description

Responsibilities

• Independently perform a set of daily settlement, and reconciliation tasks within established guidelines and timeframes
• Provide support and back-up coverage for other associates as necessary
• Create and maintain documentation for daily procedures
• Facilitate continuous improvement of daily processes by collaborating with pertinent functional business units and driving change
• Participate in SOX and SOC1 audits by preparing documentation or producing sample data within established due dates
• Monitor and resolve settlement failures according to policy guidelines
• Execute complex reconciliations using Oracle query tools and provide thoughtful, analytical input in order to not only resolve discrepancies, but to work toward eliminating the root cause of the variances
• Work directly with external business partners such as banks and financial auditors

Requirements

• Bachelor's Degree in Business Administration, Accounting, Finance or related field or equivalent experience
• Knowledge of settlement concepts, terminology, standards and practices, experience in the banking, or card payment processing industry highly desired
• Proficiency in performing financial reconciliations and possess knowledge of common resolution techniques
• Comfortable working in a fast-paced environment with frequent interruptions and adhering to strict deadlines
• Intermediate/Advanced level Excel and Google Workspace
• Excellent written and verbal communication skills and possess the ability to draft technical procedures and process documentation
• Ability to speak/present comfortably to small groups, provide training to business partners both in live and virtual settings
• Ability to communicate effectively with individuals of varying technical understanding and all levels of leadership
• Reliability and punctuality are required since most of the daily work is confined to strict deadlines