Group Head of Reconciliation
Key Responsibilities
Establish controls to ensure
reconciliation is performed in a timely manner implementing a process to
reconcile General Ledgers daily.
Establish detailed process
documentation for performing reconciliation and maintain documents to ensure
they are current and result in the best operational service and delivery.
Lead a team responsible for the
development and program management of a consolidated roadmap for all
departments across Reconciliation Services in the Group.
Be part of the Program management team
for Equity Group Reconciliation Transformation Strategy.
Build and maintain strong internal
working relationships across all countries.
Success will be measured on the
reduction of platforms, breaks, audit points, cost, and unreconciled balances.
Develop and maintain relationships
with external and internal partners and clients.
Monitor, track, and report on
performance against service level goals and benchmarks.
Provide subject matter expertise to
business-driven initiatives, internal partners, leadership, or projects related
to Reconciliation, as necessary.
Liaise with Risk & Compliance
Department to ensure policies and procedures pertaining to Group Reconciliation
are appropriately implemented.
Participate in enterprise-wide control
and governance programs and assist the company to implement control and
governance programs from enterprise perspective.
Involve in projects relating to the enhancement
of reconciliation capabilities / processes for all monthly intragroup
reconciliations.
Oversees the development of
Operational Procedures for the centre of excellence.
Builds a scalable operation that can
ultimately support all jurisdictions and can absorb additional volume from any
acquisition activity.
Provide technical expertise in the use
of Reconciliation system functionality to the teams and business lines
Qualifications
Formal Education:
At least an Undergraduate Degree from
a recognized university. ACCA / CPA Certification will be an added advantage.
Experience:
Financial Services, banking,
regulatory and commercial experience Team management
Technical Experience:
5 – 7 years in Banking Operations,
performing General Ledger reconciliation, data management and performance.
Essential:
Previous operational controls
experience at a manager level
Ability to produce, analyze and
interpret reports that demonstrate compliance and successful risk mitigation
Desired:
Experience of digitizing services.
Experience of Robotic Process
Automation in General Ledger Reconciliation space.
Functional/ Technical Skills
Skill/ Experience
Experience working at a manager level
within an operational service environment within Financial Services.
Proven track record in operational or
assurance roles, ideally within the Financial Services industry.
Experience of delivering operational
Controls and Assurance functions with a good understanding of finance,
assurance, and controls.
Highly numerate and articulate with a
strong commercial acumen – confident at presenting strategy and plans at team
level.
Strong negotiation and influencing
skills to be deployed at all levels of the organization.
Ability to work under pressure and to
respond quickly to changing circumstances and tight timetables.
Self-motivated, disciplined and
organized.
Experience in developing and managing
teams.
Proven ability to convey complex or
financial information simply and clearly to a range of stakeholders.
Knowledge of regulatory requirements
and risks in the wider Financial Services arena.
Strong Network of contacts and ability
to bring external knowledge and thinking into the organization.
Ability to learn from the
non-Financial Services markets e.g. telecoms and Insurance and apply thinking
to the products and services offered by Equity Group.
Accountability
Span
of Control
Manages professional employees and/or
team leaders spanning across Equity Group.
Accountability
of Performance
Has accountability for the performance
and results of a team within the Group. Defines operating standards of own
team.
Tactical/Strategic
responsibility
Provides input into Group Digital
Operations plans and policies to address resource and operational challenges.
Addresses issues of business impact beyond own team.
Budget
& Resourcing accountability
Exercises management authority on BAU
decisions such as recruitment, talent management, performance reviews and
improvement plans
Problem
Solving
Decisions and problem-solving are
guided by policies, procedures, and business plan; receives guidance from Group
Director Operations
Time
Frame
Focus is week to week, looking to
ensure each area is performing to targets. Looking at performance trends as
opposed to day to day changes
How to Apply
