Reconciliation Specialist at Digital Outsource Services (Pty) Ltd

Job description

Purpose:

The Finance department is looking for a focused, self-motivated & dynamic individual to join their team, to fill a Reconciliations Specialist role. The reconciliations function is responsible for ensuring that funds received for our clients from Data Cash and other processors is accurate, complete and not long outstanding. This position reports to the Finance Manager.

Duties will include, but will not be limited to:

• Direct integration Processing and Reserves
• Receive manual Navision (NAV) import (dataport) from BI Finance
• Reconcile to ensure accurate and complete
• Post into NAV weekly
• Match and reconcile data in NAV and resolve discrepancies timeously
• Processing
• Match and reconcile data in NAV and resolve discrepancies timeously
• Adhoc fees
• Prepare the dataports for wire fees, chargeback fees, refund fees and other ad hoc items. Upload into NAV (additional information can be obtained from the daily reconciliation statements)
• Fraud Data
• Ensure that detailed chargebacks per BI ledger agrees to the processors summarized transactions
• Follow up discrepancies with departments
• Prepare dataport and upload into NAV
• Refunds and withdrawals
• Ensure that detailed refunds per BI ledger agrees to the processors summarized transactions
• Follow up any discrepancies with departments
• Prepare dataport and upload into NAV
• Release funds when treasury accountants have initiated withdrawals
• Month-end reporting and audit process
• Prepare the following month end balance sheet reconciliations for inclusion in the month end and audit files:
• Bank reconciliations
• Post and control accounts
• Vendor / Processor reconciliations
• Prepare monthly reports (open items, aging and balances for inclusion in the audit packs and month end files).
• Include all support electronically with month end reconciliations

Essential Requirements:

• B.Com Finance Degree or related
• 3 – 5 years reconciliations experience
• Accounting experience
• Proficient in Microsoft Excel
• Advantageous Requirements:
• Experience with accounting software (e.g. Navision)

Personal Competencies:

• Team player
• Good interpersonal skills
• Excellent planning and organizational skills
• Proven analytical and problem solving ability
• Ability to work in a fast paced, pressurized environment
• Excellent communication skills
• Good decision-making capabilities
• Methodical