Trade Recon Controller

Boardroom Appointments; KwaZulu-Natal; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A financial services company is looking for a Trade Recon Controller FTC in KwaZulu-Natal. The role involves monitoring financial reconciliations and ensuring accuracy of balance sheets and payroll vendor reconciliations. Candidates should have an accounting background, proficiency in SAP R/3, and at least 1 year of relevant experience. This position emphasizes accuracy, proactive communication, and the ability to manage expectations effectively. Join a dynamic team committed to quality and productivity.

Qualifications

• Minimum of 1 year's relevant experience is required.
• Strong Reconciliations experience required.
• Knowledge of Accounting principles and practices.

Responsibilities

• Prepare the monthly balance sheet reconciliations for all companies.
• Prepare the payroll vendor reconciliations.
• Follow up and clear all reconciliation queries and variances.
• Prepare the monthly consolidated bank recon.
• Perform inter-company balancing checks.

Skills

Strong Reconciliations experience

Knowledge of Accounting principles and practices

Education

Matric

An Accounting based tertiary qualification

Tools

SAP R/3

Job description

About the job Trade Recon Controller FTC

Key purpose:

To control, action and monitor all the financial reconciliations.

Duties and responsibilities:

• Prepare the monthly balance sheet reconciliations for all companies
• Prepare the payroll vendor reconciliations.
• Follow up and clear all reconciliation queries and variances.
• Prepare the monthly consolidated bank recon/roll forward (SAP to bankstatement).
• Perform inter-company balancing checks during the month and at monthend.
• Perform the staff debtors reconciliation for certain business areas and followup on outstanding documents/clearing.
• Raise all month-end branch accruals and follow up with the regions.
• Process all payroll related payments in SAP.
• Prepare the McCain debtors reconciliation and liaise with the McCaincreditors clerk to resolve queries.
• Provide back up for the following treasury functions.
• Take ownership and accountability for tasks and activities and demonstrateeffective self-management in terms of planning, prioritising and selfdevelopment.
• Follow through to ensure that quality and productivity standards of work areconsistently and accurately maintained.
• Inform relevant parties in the event of tasks or deadlines not met, thepotential risks thereof and provide appropriate resolution.
• Support and drive the business core values.
• Manage colleagues and clients expectations and communicateappropriately.
• Demonstrate willingness to help others and go the extra mile to meet teamtargets and objectives.
• Champion training and development of self and others through utilisingavailable training opportunities or contributing to the development of newtraining solutions relating to product costing in collaboration with nationaltraining specialists.
• Participate in regular performance appraisals and ensure that own targetsand goals are clear and achievable.
• Accuracy of reconciliations
• Accuracy of payment processing

Qualifications and experience:

• Matric
• An Accounting based tertiary qualification
• Minimum of 1 years relevant experience is required
• SAP R/3 experience preferable
• Strong Reconciliations experience
• Knowledge of Accounting principles and practices