Senior Reconciliation Manager - Banks and Intercompany - Michael Page International (UAE) Limited

The Senior Manager Bank & Inter-company Reconciliation is responsible for:

* End to end oversight, control, issue resolution and management information reporting for Bank Reconciliation and Inter-company Reconciliations

* Lead, guide and motivate two teams, one based in Bahrain and one based in India

* Develop comprehensive Bank and Inter-company Reconciliation Policies and Procedures.



Client Details

A Money Transfer and Foreign Exchange Company based in Bahrain

Description



MAIN DUTIES

1. Bank & Inter-company Reconciliation
-  Manage, mentor, motivate and develop a staff of approximately 15 individuals-  Oversee the accurate and timely reconciliation, analysis and exception reporting for all bank and inter-company reconciliations.-  Ability to develop, lead and successfully deliver and execute projects within the scope of responsibilities-  Ability to prioritize and manage multiple projects in a fast past deadline driven environment-  Manage month-end and year end close procedures for Bank and cash accounts.-  Provide monthly reporting to the CFO and Group Management.-  Responsible for cash section of the consolidated balance sheet and the inter-company balance sheet accounts.-  Correspond with all levels of Management across sectors in resolving issues and providing guidance in applying the appropriate cash, credit card, and banking policies and procedures.-  Liaise between Accounting, Operations, Banks and third party vendors.-  Coordinate with Project resources to continually assess and implement process improvements.-  Liaise with Internal and External Auditors with required reporting for interim and year-end audits.-  Work directly with external and internal auditors to answer questions and explain policy and procedures as needed.-  Review integration of Bank Accounts for any newly opened Bank or inter-company Accounts ensure cash are properly loaded to the correct balance sheet account and that reconciliations were being performed.-  Review; reconcile bank statements against system in accordance with company/department policy and procedures.-  Find and resolve discrepancies in strict adherence with company/department procedures.-  File completed reconciliations-  Work with accounting department as appropriate-  Work with Operations and Payments for resolution of issues but are not authorized to post within the system, as needed






Profile



1. EDUCATION & TRAINING

At least a Master's degree in Accounting, Finance, Audit, Business Administration, or Banking.

2. EXPERIENCE

 A minimum of 8-10 years of relevant Accounting/Bank Reconciliation professional experience, in a large organisation (Revenue/Sales of +USD 100m), and/or including experience in an accounting firm of international repute;

 5+ years' experience of managing a large team (10-15 people);

 Reconciliation Software experience;





Other Skills required for the job:



- Capable of preparing professional presentations and presenting these to executive management

- Ability to prioritize, develop, lead, manage and successfully deliver and execute projects within the scope of responsibilities in a fast paced deadline driven environment

- Very good computer skills including proficiency in Word, Excel, Access, and PowerPoint;

- Excellent writing skills, and ability to explain technical accounting issues to subordinates and colleagues;

- Strong analytical skills and solid knowledge of the General Ledger and subsystems

- Able to work with managers/d

Job Details

Preferred Candidate

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