Cash Reconciliations Officer

An overseas banking institution is seeking a diligent and detail-oriented Cash Reconciliations Officer to join the Operations team. The successful candidate will be responsible for the timely and accurate reconciliation of bank accounts, nostro accounts, suspense accounts, and other general ledger balances, ensuring the integrity of the Bank's financial records and supporting a strong control environment.

This role is ideally suited to an individual with previous banking operations experience who enjoys investigating discrepancies, resolving outstanding items, and maintaining high standards of accuracy.

• Perform daily, weekly, and monthly reconciliations of bank, nostro, suspense, and other general ledger accounts.
• Investigate and resolve reconciliation breaks and unreconciled items in a timely manner.
• Liaise with internal departments, correspondent banks, custodians, and external counterparties to resolve outstanding issues.
• Monitor aged items and ensure prompt escalation and resolution where required.
• Post and verify accounting entries and adjustments relating to reconciliation activities.
• Ensure all reconciliations are completed in accordance with internal policies, procedures, and regulatory requirements.
• Maintain comprehensive supporting documentation and audit trails.
• Assist with month-end, quarter-end, and year-end reporting requirements.
• Contribute to process improvement initiatives and the enhancement of reconciliation controls and procedures.
• Support internal and external audit requests relating to reconciliations and account substantiation.

• Previous experience in cash reconciliations, finance operations, banking operations, or a similar role within a financial institution.
• Strong understanding of bank account, nostro account, suspense account, and general ledger reconciliations.
• Knowledge of banking products, payment processes, and accounting principles.
• Experience investigating and resolving reconciliation exceptions and breaks.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and commitment to accuracy.
• Good communication skills with the ability to work effectively across multiple departments.
• Proficiency in Microsoft Excel and reconciliation or core banking systems.
• Ability to prioritise workload and meet deadlines in a controlled environment.

• Experience working within an international, private, or offshore banking environment.
• Knowledge of SWIFT payments and correspondent banking relationships.
• Accounting qualification or relevant banking operations certification.