Reconciliations Officer, Corporate & Investment Banking

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

We are seeking a detail-oriented and analytical Reconciliations Officer to join our Reconciliations CFID team in Johannesburg, South Africa. In this Contract position, you will play a crucial role in ensuring the accuracy and integrity of our financial records through meticulous reconciliation processes. The successful candidate will demonstrate exceptional organizational skills, a commitment to precision, and the ability to work efficiently within established timescales. Perform daily, weekly, and monthly bank reconciliations, identifying and resolving discrepancies promptly

- Reconcile general ledger accounts to supporting documentation and external statements
- Analyze variances and investigate outstanding items to determine root causes
- Prepare detailed reconciliation reports and documentation for audit and management review
- Maintain accurate records of all reconciliation activities and maintain an organized filing system
- Liaise with internal departments and external parties to resolve outstanding reconciliation issues
- Monitor and track payment processing to ensure timely and accurate transaction recording
- Assist in the month-end and year-end close processes
- Support the implementation and maintenance of reconciliation procedures and controls
- Contribute to the continuous improvement of reconciliation processes and efficiency

Qualifications

- Proven experience in reconciliation processes and financial account management
- Strong proficiency with Microsoft Excel and accounting software applications
- Solid understanding of general ledger principles and accounting practices
- Excellent numerical accuracy and attention to detail
- Demonstrated ability to analyze financial data and identify discrepancies
- Strong organizational and time management skills
- Excellent written and verbal communication skills
- Ability to work independently and as part of a team
- Desirable experience with ERP systems (such as SAP or Oracle)
- Desirable knowledge of audit procedures and financial controls
- Desirable background in financial services, banking, or accounting sectors
- Desirable advanced Excel skills, including pivot tables and data analysis functions