Job Description

The Role
Responsible for performing reconciliation and reporting activities related to WFS/FX Operations and Securities Operations & Accounting internal accounts and positions.

Daily reconciliations are performed for: detail accounts (such as cash & suspense) at a transaction level, reconciliation of subsystem to GL accounts at a balance level, reconciliation of custodial/collateral positions, in addition to other back office system controls.

Duties:
Identification of breaks within reconciliations.
Ensuring proper assignment of breaks and working with those parties to ensure resolution.
Review of peer reconciliations as needed.
Assistance with monthly reporting of aging schedules and aged breaks.
Effectively communicate with multiple business partners, including upstream data providers, accounting/operations colleagues, and/or downstream customers of the recons.
Properly escalate issues identified as potential risks.
Provide process improvement ideas and solutions to reduce non value-added work, and further auto manually intensive processes.

Required qualifications
2 years of experience in finance and accounting
CPA/CA or Bachelors/MBA in Finance, Accounting, or Business
Understanding of accounting concepts
Reconciliation experience required
Experience supporting securities operations in a controls or reconciliation environment a plus.
Experience and proficiency with automated recon tools.
Advanced MS Excel skills, i.e. macros, pivot tables, Vlookups, etc.
Ability to work independently on assigned accounts, but work collectively as a team to meet the needs that arise from day to day workflow.
Strong and effective communication and problem solving skills
Education: CA (Chartered Accountant)r r r r r r r Any Graduate
Industry: Financial Services/Stockbroking, Banking

Skills Required