Senior Reconciliation Analyst

Role Purpose

• The job holder will be responsible for investigating, resolving and escalating any variances in the reconciliations bank, cash in-transit, control and accounts receivable reconciliations
• Raise query with Bank, Financial institution, Vault, Thirdline, third party, MDM and IT Team for resolution
• They will use their knowledge of business and Travelex processes to resolve variances through contacting internal and external stakeholders including Banks and complete relevant General Ledger Output
• The role will report into the reconciliations lead
• Month end close and journal posting and Blackline reconciliation preparation

Key Accountabilities:

• Keeping track of all payments, and expenditure, including expenses, purchases orders, invoices, statement etc.
• Perform day-to day transactions, including verifying, classifying, and recording accounts payable data.
• Ensure reconciliations and payments are performed timely and as per SOP. Reconcile the accounts payable Ledger to ensure all bills and payments are accounted for and properly posted during month end.
• Follow the L&D roadmap for finance. Ensure month and quarter end tasks are performed in time and accurately.
• Highlight outstanding matters for resolution SOP change management, after due approvals are obtained.
• Follow direction from managers on need for resolution of aged and high value items. Attend and be active at weekly/monthly operational meetings.
• Be a part of transitions and ensure that all SOP and observe/perform activities are completed as per plan.
• Follow agreed escalation matrix for operational issues.
• Provide all information required for internal and external audits.
• Suggest productivity and optimization measure
• Keeping track of all payments, and expenditure, including expenses, purchases orders, invoices, statement etc.
• Perform day-to day transactions, including verifying, classifying, and recording accounts payable data.
• Ensure reconciliations and payments are performed timely and as per SOP. Reconcile the accounts payable Ledger to ensure all bills and payments are accounted for and properly posted during month end.
• Follow the L&D roadmap for finance. Ensure month and quarter end tasks are performed in time and accurately.
• Highlight outstanding matters for resolution SOP change management, after due approvals are obtained.
• Follow direction from managers on need for resolution of aged and high value items. Attend and be active at weekly/monthly operational meetings.
• Be a part of transitions and ensure that all SOP and observe/perform activities are completed as per plan.
• Follow agreed escalation matrix for operational issues.
• Provide all information required for internal and external audits.
• Suggest productivity and optimization measure

Experience and Skillsets required:

• B.com /PG/MBA with good understand of accounting and reconciliations
• Experience of working in fast paced / Global finance department. Prior experience working in shared service environment with an on/offshore presence is preferred.
• 3-6 years of work experience in a similar environment.
• Able to demonstrate proven experience at this level within a similar financial environment
• Ability to communicate clearly with internal and external stakeholders
• Experience of financial services/banking with an understanding of basic bookkeeping
• Ability to deliver to tight deadlines
• Ability to maintain accuracy - key when confirming incoming value
• High attention to detail
• Ability to resolve issues to conclusion
• Demonstrable experience of resolving variances
• Experience of using reconciliation systems

Personal Attributes:

Relationship management

• Develop sound professional working relationships with Reconciliations colleagues, Resolutions data analysts, business staff and management
• Develop sound professional working relationships with the business, 3rd parties and Travelex teams across the business to improve the investigation and resolution process

Communication

• Proactive and regular communications with the business and other areas of Finance whose work impacts, or depends upon the Reconciliations team
• Actively communicate and seek feedback from colleagues and customers
• Be supportive and encourage support for people initiatives e.g. Your Voice, Travelex Awards etc
• Play a participative part in Team Briefs
• Be proactive in the provision of feedback and the delivery of ideas to develop and improve Travelex Finance services, in particular those within the Reconciliation team.

General

• Undertakes any necessary training associated with the duties of the post and participates in training and development procedures
• Complies with all Company Health and Safety policies and legislation in the performance of their duties and responsibilities
• Maintains confidentiality and observes data protection guidelines
• Manage expenses in accordance with Company Expense Policy
• Carries out any other reasonable duties commensurate with their capability