Job Description
Job Summary
- The Finance Reconciliation Analyst will play a pivotal role in ensuring the accuracy and integrity of financial data within our e-commerce/fintech company.
- This role requires meticulous attention to detail, strong analytical skills, and the ability to reconcile revenues and expenses, ensuring they are correctly posted to the appropriate ledgers.
- The ideal candidate will have a solid understanding of finance principles, experience with reconciliation processes, and a proactive approach to problem- solving.
Key Responsibilities
Reconciliation of Financial Data:
- Conduct daily, weekly, and monthly reconciliation of revenue and expense accounts.
- Compare financial records from multiple sources to ensure accuracy and identify discrepancies.
- Investigate and resolve variances in a timely manner, collaborating with relevant stakeholders as needed.
Ledger Management:
- Post reconciled transactions to the appropriate ledgers in accordance with company policies and accounting standards.
- Maintain organized and up-to-date ledger records, ensuring proper documentation for all transactions.
- Monitor ledger activity to identify trends, anomalies, and potential areas for improvement.
Reporting and Analysis:
- Generate regular reports detailing financial reconciliations, variances, and trends.
- Analyze financial data to provide insights and recommendations for process enhancements or corrective actions.
- Prepare ad hoc financial reports as requested by management or other stakeholders.
Process Improvement:
- Continuously evaluate reconciliation processes and procedures, identifying opportunities to streamline workflows and improve efficiency.
- Develop and implement best practices for financial reconciliation to minimize errors and mitigate risks.
- Collaborate with cross-functional teams to implement system enhancements or automation tools to improve reconciliation processes.
Compliance and Audit Support:
- Ensure compliance with regulatory requirements and internal controls related to financial reconciliation.
- Support internal and external audit activities by providing documentation, explanations, and assistance as needed.
- Participate in audit reviews to address findings and implement corrective actions.
Description
Education / Qualifications:
- Bachelor's Degree in Finance, Accounting, or related field. ICAN/ACCA certification is a plus.
- Proven experience (at least 3 years) in financial reconciliation, preferably within the e-commerce industry.
- Strong understanding of accounting principles and financial reporting standards.
- Proficiency in financial software and tools such as Microsoft Dynamics 365, Xero, and Excel.
Skills / Abilities:
- Excellent analytical and problem-solving skills with keen attention to detail.
- Ability to work independently and collaboratively in a fast-paced environment.
- Effective communication skills, both written and verbal, with the ability to interact confidently with stakeholders at all levels.