Asset Reconciliation Officer

Job & Company Description:Urgently looking for an Asset Reconciliation Officer who will be responsible for ensuring the accuracy and completeness of the banks asset records through regular reconciliations. This role involves monitoring, analysing and resolving discrepancies between system records and resolving discrepancies between system records and physical or third-party statements, ensuring compliance with internal controls and regulatory requirements. The person who will fill this role is proficient with reconciliations and is strong analytically. You will be responsible for the following: Performing of daily, weekly and monthly recons of asset accounts, including fixed assets, investments and other financial instrumentsCompare internal asset records with external statementsInvestigate and resolve discrepancies promptly, escalating unresolved issues to the Reconciliation ManagerMaintain accurate and up to date records of reconciliations and adjustmentsPrepare regular reports for management on reconciliation status, outstanding items and trendsEnsure all recons adhere to internal policies and external regulatory requirementsLiaise with other department to resolve reconciliation issuesUtilise reconciliation tools and banking systems to enhance accuracy and efficiency Qualifications: Completed Bachelors Degree in Finance, Accounting or related field Experience: Minimum 2 years experience in reconciliations, reporting or similar rolesAt least 2 years experience in a similar role within a banking or financial services environment Skill: Proficiency in reconciliation tools and banking systemsAdvanced Excel skillsExposure to financial regulations and compliance requirements Salary: R HourlyJob Reference #: 1146203