Reconciliation Specialist

SUMMARY:
Do you have a keen eye for detail and thrive on solving financial discrepancies before they become problems? Ready to take on a critical financial role in South Africa’s leading wealth and asset management group?
An exciting opportunity has become available for a Reconciliation Specialist in the Client Administration of Collective Investment Scheme (CIS) Funds. You’ll work closely with the Head of Client Administration and other senior leaders to ensure the financial integrity of both local and offshore fund operations. You’ll play a vital part in managing and reviewing complex daily reconciliations, identifying issues early, and ensuring financial accuracy in a fast-paced, high-accountability environment.

POSITION INFO:

Perform the full financial function for client administration across local and offshore teams
Prepare and review daily bank reconciliations
Review FNZ reconciliations daily to ensure accuracy of external fund transactions
Prepare EMX, Creations, and Finswitch reconciliations in line with internal schedules
Instruct and process reversal of unpaid transactions, ensuring root-cause resolution and corrective actions
Conduct reviews of key financial controls within the client administration control environment
Prepare monthly commission and rebate reconciliations
Collaborate with operations to meet internal and regulatory reporting requirements
Identify and escalate anomalies or reconciliation breaks in a timely manner
Maintain accurate documentation of reconciliation procedures and findings
 
Skills & Experience:
Excellent analytical and problem-solving skills
High attention to detail and ability to review complex data
Effective verbal and written communication
Strong interpersonal and stakeholder engagement abilities
Proficient in MS Office Suite: Outlook, Word, Excel (Power BI advantageous)
Ability to manage multiple tasks and meet tight deadlines
Attention to Detail: High level of accuracy and thoroughness in all reconciliation activities
Analytical Thinking: Ability to investigate and resolve discrepancies with minimal supervision
Communication: Strong interpersonal and professional communication skills
Problem Solving: Capability to identify, escalate, and assist in solving financial and system-related issues
Leadership: Ability to work independently and take initiative within a team setting
Financial Systems Knowledge: Understanding of financial systems and internal controls related to asset management

Qualification:
A recognized university degree in Finance, Accounting, or a related field
Minimum 3 years’ relevant work experience in the CIS environment within the financial services industry
Proficiency in MS Excel (intermediate level required)
Strong written and verbal communication skills in English, and fluency in at least one other official South African language
 
 
Contact Bianca Langenhoven on 021 418 1750 or quoting the Ref nr: CFA020630
 
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