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Reconciliation specialist

London
Permanent
Adecco
Posted: 13 October
Offer description

Job Description

Role Purpose

* Act as second-in-command/support to the Section Manager for Reconciliations & Investigations.
* Ensure daily reconciliations (nostro, ledgers, provisional accounts, etc.) are completed accurately and on time.
* Be the escalation point for issues and ensure breaks/exceptions are investigated and cleared.
* Provide team supervision, cross-training, development, and workload distribution.
* Represent the team as a subject matter expert (SME) for reconciliations, investigations, and system-related projects.
* Deliver management reporting (MI) and help with process improvements (efficiency, Kaizen, control enhancements).

Core Responsibilities

1. Reconciliations & Investigations
* Daily reconciliation of nostro accounts across EMEA offices.
* Reconcile sub-ledgers to the general ledger (ensuring GL balances are substantiated).
* Investigate and clear discrepancies/breaks (cash breaks, interest/charges mismatches, contingent liabilities, etc.).
* Manage investigations and interest claims to minimise costs to the bank and clients.
1. Controls & Governance
1. Ensu...

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