Senior Reconciliation Lead - Cash & Controls

ACCA Careers; Philippines; On-site; PHP 800,000 - 1,200,000; Full time

Benefits offered by this job

Accreditation support

Flexible work arrangements

Birthday day off

Mentoring program

Employee share plan

Local benefits depending on location

Job summary

Alter Domus is seeking an experienced reconciliation professional in the Philippines to manage daily cash reconciliations, review reports for accuracy, and serve as the escalation point for reconciliation issues. The role involves collaborating with cross-functional teams, driving process improvements, and mentoring junior staff.

The ideal candidate has 5+ years in financial operations or reconciliation, with knowledge of syndicated loans and loan platforms.

Qualifications

• Bachelor's degree in finance, Accounting, Business Administration, or related fields.
• 5+ 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.

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.

Skills

Financial analysis

Reconciliation

Stakeholder management

Excel proficiency

Team training

Problem solving

Education

Bachelor's degree in finance

Accounting/Business Administration

Tools

WSO

Sentry

Job description

Alter Domus is seeking an experienced reconciliation professional in the Philippines to manage daily cash reconciliations, review reports for accuracy, and serve as the escalation point for reconciliation issues. The role involves collaborating with cross-functional teams, driving process improvements, and mentoring junior staff.

The ideal candidate has 5+ years in financial operations or reconciliation, with knowledge of syndicated loans and loan platforms.