Settlement & Reconciliation Executive

Malawimid

Other

0 views0 saves0 applied

Apply Now

Quick Summary

Overview

Key Responsibilities Bank Reconciliation Perform independent and timely bank reconciliations for multiple bank accounts. Investigate and resolve unreconciled items, discrepancies,

Technical Tools

Other

Responsibilities

~1 min read

Perform independent and timely bank reconciliations for multiple bank accounts.
Investigate and resolve unreconciled items, discrepancies, and outstanding transactions.
Coordinate directly with banking partners for resolving transaction issues, obtaining statements, and managing banking queries.
Monitor cash/float movements and ensure accurate recording of bank transactions.

Review, validate, and post accounting transactions in compliance with company policies and accounting standards.
Ensure accuracy and completeness of financial records and supporting documentation.
Verify accounting entries, journal postings, and reconciliations.
Support month-end and year-end closing activities.

Review payment requests and supporting documents for completeness and accuracy.
Validate transactions before processing and obtain necessary approvals as per the delegation of authority matrix.
Ensure compliance with internal controls and financial governance requirements.

Follow up with banks regarding transaction queries, payment investigations, account maintenance, and banking documentation.
Liaise with IT teams to resolve ERP, banking interface, and system-related issues impacting finance operations.
Coordinate with internal departments to obtain supporting information and resolve accounting-related queries.