Loan Reconciliation Senior Officer (Night Shift)

ACCA Careers; Taguig; On-site; PHP 700,000 - 1,100,000; Full time

Benefits offered by this job

Professional accreditations

Birthday day off

Mentoring

Employee Share Plan

EAP support

Job summary

Alter Domus, a world leading provider of integrated solutions for the alternative investment industry, seeks a Reconciliation Senior Officer to oversee daily cash reconciliations within the NA CSP. You will manage complex accounts, mentor Officers, and support transitioning activities to the India-based team.

The role emphasizes adherence to KPIs, cross-functional collaboration, and continuous process improvements to enhance accuracy and turnaround times in a high-volume environment.

Qualifications

• Bachelor’s degree in finance, accounting, or related field required.
• 5+ years of experience in financial operations, accounting, or reconciliation.
• Solid understanding of reconciliation processes and financial principles.
• Knowledge of Syndicated Loans and Structured Credit products.
• Experience with Excel and reconciliation software.

Responsibilities

• Manage daily cash reconciliations for complex accounts, ensuring discrepancies are investigated and resolved.
• Review reconciliation reports for accuracy and controls.
• Serve as first point of contact for escalations related to reconciliation issues.
• Assist in transitioning cash reconciliation activities to India-based team, including knowledge transfer and documentation.
• Collaborate with cross-functional teams to standardize reconciliation processes.
• Ensure adherence to KPIs and SLAs, providing feedback and improvements.
• Participate in process improvements to reduce errors and cycle times.
• Train and mentor Officers on reconciliation processes.

Skills

Financial operations

Reconciliation

Analytical skills

Stakeholder management

Training juniors

Education

Bachelor’s degree in finance, Accounting, Business Administration, or related fields

Tools

WSO

Sentry

Job description

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

Role Overview

The Reconciliation Senior Officer will play a key role in overseeing the accuracy and timeliness of cash reconciliations within the North American Client Service Platform (NA CSP). The Senior Officer will manage more complex reconciliation tasks, provide guidance to Officers, and assist the Manager in optimizing reconciliation processes. This role is pivotal in ensuring the smooth transition of reconciliation activities to the India-based team and supporting ongoing process improvements.

Key Responsibilities

• Manage daily cash reconciliations for complex accounts, ensuring discrepancies are promptly investigated and resolved.
• Review reconciliation reports to ensure accuracy and compliance with internal controls.
• Serve as the first point of contact for escalations related to reconciliation issues, coordinating with the Manager for resolution when necessary.
• Assist in the transition of cash reconciliation activities to the NA-based team, including providing guidance on knowledge transfer and process documentation.
• Collaborate with cross-functional teams to support efficiency improvements and process standardization across the reconciliation function.
• Ensure adherence to KPIs and SLAs, providing feedback to Officers and making recommendations for process enhancements.
• Participate in process improvement initiatives aimed at reducing reconciliation errors and improving cycle times.
• Train and mentor Officers on reconciliation processes, fostering a culture of continuous learning and improvement.

Profile

• Bachelor’s degree in finance, Accounting, Business Administration, or related fields.
• 5 plus years of experience in financial operations, accounting, or reconciliation.
• Sound knowledge of Syndicated Loans & Structured Credit products.
• Working knowledge of different Loan platforms like WSO, Sentry would be an added advantage.
Solid understanding of reconciliation processes and financial principles.
• Proven experience in resolving complex reconciliation discrepancies.
• Strong analytical and problem-solving skills.
• Ability to train junior team members.
• Proficiency in Microsoft Excel and reconciliation software.
• Strong communication and stakeholder management skills.
• Ability to work independently and as part of a team in a high-volume, deadline-driven environment.
• These job descriptions align with the responsibilities and qualifications expected at each level while contributing to the overall reconciliation function.

What We Offer

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our Global Benefits Also Include

• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

Alter Domus is an Equal Opportunity Employer: Equity Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)