Finance Admin & Reconciliations Team Leader at Investec

Description

• Lead the Finance Admin & Reconciliations team, ensuring operational accuracy, compliance, and exceptional client experience. The role demands strong technical expertise in finance administration, reconciliations, and vendor management, combined with proven leadership skills.
• This role is critical to maintain operational integrity, driving efficiency, and strengthen relationships across stakeholders and vendors, ensuring Investec's finance administration and reconciliation functions operate at the highest standards.

Experience, skills and capability

Key Responsibilities

• Leadership: Direct, inspire, and develop the team; manage daily operations; ensure SLAs (Service Level Agreements) are met; foster a culture of accountability and continuous improvement.
• Stakeholder & Vendor Engagement: Build and maintain relationships with internal teams and external vendors; represent the team in relevant forums on best practices, regulatory updates, and technology developments.
• Operational Oversight: Oversee all finance admin and reconciliation processes; ensure accurate fund flows and account reconciliations; maintain compliance while driving process efficiency through technology.
• Analytics & Reporting: Analyse performance metrics, KRIs (Key Risk Indicators), and discrepancies; manage rectification queues; provide insights for operational improvements.
• Problem-Solving: Investigate and resolve complex queries, interbank disputes, and reconciliation anomalies promptly and effectively.
• Technical Proficiency: Manage systems and reconciliation tools; collaborate on enhancements; maintain process documentation and test packs.
• Regulatory Compliance: Ensure adherence to banking regulations and industry standards; stay informed of trends and changes.
• Training & Development: Create and deliver training; mentor staff in finance admin and reconciliation best practices; support career growth.
• Risk Management: Identify and mitigate risks; manage incidents and business continuity plans for the function.

Qualifications, Experience and Skills

• B-Comm or related financial degree with at least 2-3 years in a leadership role
• Sound knowledge of Private Bank products, processing and workflow systems
• Excellent MS Excel skills
• Understanding & navigating of an operational environment