Bank Reconciliation Specialist – Precision & Impact

Prudential Assurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 48,000 - 75,000; Full time

Job summary

Prudential Assurance Malaysia Berhad seeks a Bank Reconciliation Analyst to perform daily reconciliation of GL balances against bank statements and manage related activities. The role involves resolving open items, preparing journal entries, and ensuring SOP compliance.

You will work with internal and external stakeholders and support audit activities, bringing a detail-oriented and analytical mindset. The ideal candidate has a finance or accounting degree, 3+ years in financial services

Qualifications

• Bachelor or Degree in finance, accountancy, banking, investment, economics or equivalent.
• ACCA/CPA/ICAEW or working towards designation is an added advantage.
• At least 3 years of experience in financial services (insurance or banking).
• Proficient in MS Office and financial accounting systems.
• Knowledge of bank reconciliation systems is an advantage.
• Strong analytical and problem solving abilities.
• Good command of Bahasa Malaysia and English.
• Interpersonal and communication skills; able to work with stakeholders.

Responsibilities

• Reconcile GL bank balance with bank statements daily and accurately.
• Reconcile receipts and payments for company operating bank accounts.
• Investigate unreconciled items and resolve open items promptly.
• Propose resolutions and perform matching in Bank Reconciliation System.
• Prepare journal entries to resolve open items.
• Prepare daily bank reconciliation reports.
• Load data into Bank Reconciliation System daily with data integrity.
• Monitor tickets and liaise with internal & external parties to resolve issues.
• Ensure reconciliations comply with SOPs and deadlines.
• Collaborate with stakeholders on bank reconciliation issues.
• Support audit requirements related to bank reconciliation (external, GwIA, SOX).
• Serve as Subject Matter Expert for Bank Reconciliation System.
• Engage in system enhancements and ad hoc tasks as required.

Skills

Analytical skills

Attention to detail

Communication skills

Multilingual (BM & English)

Education

Bachelor's degree in finance/accounting

ACCA/CPA/ICAEW candidate advantageous

Tools

Bank Reconciliation System

MS Office Suite (Excel, Word, PowerPoint)

Job description

Prudential Assurance Malaysia Berhad seeks a Bank Reconciliation Analyst to perform daily reconciliation of GL balances against bank statements and manage related activities. The role involves resolving open items, preparing journal entries, and ensuring SOP compliance.

You will work with internal and external stakeholders and support audit activities, bringing a detail-oriented and analytical mindset. The ideal candidate has a finance or accounting degree, 3+ years in financial services