Financial Accounting Specialist at Quest Staffing Solutions

About the job

• We seek outstanding, detail-oriented, and self-motivated Financial Accountants—6 months Contract — Sandton — to join the Group Finance team. 
• Our client is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions.

Duties & Responsibilities

• Achieve in-depth knowledge of process flows
• Obtain an understanding of external partner and internal data, reconciliations and exception handling performed by the reconciliation and settlement team.
• Balancing of internal billing system to Financial system.
• Balancing of Nostro accounts to the billing system.
• Perform revenue assurance checks to align the billing system to partner contracts and/or addendum.
• Following up on all outstanding receivables and ensuring payables are settled 
• Review and approval of reconciliations performed by the Reconciliation and Settlement team, providing feedback and improving quality of work performed.
• Obtain both external partner and internal data to perform the required reconciliation.
• Identify any reconciliation issues and escalating these to responsible parties and following up till resolved.
• Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items
• Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue/open reconciliation.
• Perform revenue assurance checks against the signed partner contracts and/or addendums.
• Investigate, analyse, and clear all reconciliation issues for adjustment to Xero/NetSuite.
• Understand root-cause analysis of reconciliation errors and issues with clearly articulated mitigation plans.
• Compile audit working papers and supporting documentation to meet all external audit requirements.
• Assist in the communication with the external auditors being able to explain any reconciliations, issues, mitigations etc.
• Ensure proper record keeping/archival of all daily/monthly reconciliations, including all related information included, but not limited to, contracts, addendums, written confirmations, important emails, other working papers etc.
• Drive for results and ensures best practices are in place to achieve highest standards within daily operations.
• Actively look for opportunities to standardize processes / automate / re-engineer / eliminate nonvalue added activities and implement them to improve efficiency and drive process, customer and partner journey improvements to drive optimization across the Reconciliation and Settlement function and Group Finance.
• Maintain responsibility for your own learning and development and actively identify improvement requirements, internal training and learning opportunities, and mentorship.
• Always uphold the values of the Group and Company.

Desired Experience & Qualification

• Bachelor's Degree in Accounting.
• Part qualified or newly qualified Chartered Account (or equivalent) required.
• External audit experience would be highly advantageous.
• Excellent skills in MS Office with advanced Excel skills.
• Experience in Banking/Mobile Money Operations would be an advantage.
• Experience in process automation.
• Experience with Xero and NetSuite software an advantage.
• Experience with working with large data volumes.