Manager, Reconciliation M/F

CACEIS; Hinoba-an; On-site; PHP 600,000 - 800,000; Full time

Job summary

CACEIS in the Philippines is looking for a professional with 6-10 years of experience to manage the day-to-day processing of reconciliations for Asset and Cash accounts. Candidates should be skilled in Transaction Management and Fund Accounting. Responsibilities include leading a team and ensuring best practices in financial controls.

Successful applicants will have a Bachelor's degree and be proficient in tools such as MS Office and PowerBI. This role requires adaptability to business needs while supporting the Europe region.

Qualifications

• 6-10 years of experience in relevant fields.
• Extensive operational knowledge in Corporate Actions and Shareholder Services.
• Proven track record in managing stakeholders and developing innovation.

Responsibilities

• Manage day-to-day reconciliations including Asset and Cash accounts.
• Lead employees in accordance with organization's policies.
• Mitigate financial and reputational risks.

Skills

Operational knowledge in Transaction Management

Expertise in Fund Accounting

Leadership capabilities

Communication skills

Education

Bachelor Degree / BSc Degree or equivalent

Tools

MS Office Excel

PowerPoint

PowerBI

Job description

CACEIS Malaysia has been a cornerstone of asset servicing since 2008, evolving into a trusted hub of operational excellence within the global CACEIS network. Strategically located in IOI City, Putrajaya, the company employs over 1,200 skilled professionals, providing a broad spectrum of services to institutional clients across Europe. These services include Custody & Cash Clearing, Fund Administration, Fund Distribution, Master Data Services, Market Solutions, Group Invoicing, Reconciliations and Private Equity & Real Estate Solutions. As a center of excellence, CACEIS Malaysia plays a pivotal role in driving the scalability of global operations, enhancing service quality, and implementing standardized processes to meet the diverse needs of its clients. The dedicated team in Malaysia is committed to delivering reliable, high-quality solutions that empower clients to thrive in a dynamic and competitive financial landscape.

You will be responsible to manage the day-to-day processing of reconciliations including Asset and Cash accounts on a daily basis via Reconciliation tools and manual platforms to ensure all risks are being accounted for and highlighted. As a control function, the breaks on the reconciliation need to be kept to a minimum level to ensure accurate data is being maintained. The role is to deliver specific services to external and internal clients with high level of quality, efficiency and fostering a client first mindset. In addition, you will also be responsible in driving the team to ensure that Reconciliations are maintained at the highest standards, managing stakeholder engagements, and driving the change/people agenda. You will be performing analysis on breaks root cause, to drive the reduction in outstanding items & providing excellent breaks management.

You will be supporting Europe region with working hours of 9:00am – 6:00pm or 10:00am – 7:00pm, Malaysia time. However, flexibility is required to support business needs.

What will you do?

• Lead employees using performance management, manage capacity planning, new staff onboarding and provide oversight and direction to the employees in the department in accordance with the organization's policies and procedures.
• Liaise with Risk & Compliance Department to ensure policies and procedures pertaining to Operations controls are appropriately implemented.
• Support and ensure integrated approach with the segment strategy, new product development and relationship management counterparties, client service professionals and oversight.
• Report, elevate and ensure aged breaks are closed or appropriately tracked until resolution with best practices and effective management of escalation of reconciliations breaks.
• Mitigate financial/reputational risk by ensuring appropriate structure, resources, procedures and controls are developed and maintained in compliance with regulatory requirements or company policies.

Geographical area

Asia, Malaysia

Education

Bachelor Degree / BSc Degree or equivalent

Level of minimal experience

6-10 years

Experience

• Extensive operational knowledge / experience in Transaction Management, Corporate Actions, Foreign Exchange, Cash Payments, Shareholder Services, Fund Accounting or equivalent. Acquainted with Nostro, Suspense and Asset (Stock) reconciliations within Investment / Global Markets / Securities or Custody operations.
• Superior communication, presentation, negotiation, interpersonal and networking skills with a proven track record of dealing with clients, senior management, colleagues and staff.
• Track record of developing and implementing innovation and change with strong business acumen and profit orientation.
• Strong talent management and leadership capabilities. Well-developed organizational and administrative skills. Risk management and mitigation focus.

Technical skills required

• Competent in MS Office Excel, PowerPoint, Visio and PowerBI.
• Conversant and have worked with reconciliations platforms.

All our job offers are open to persons with disabilities.