Senior Bank Reconciliation Officer

at  Link Group

OVERVIEW

The main functions of this role is to oversee the day to day functions and monthly functions in relation to reconciliation of the client’s bank accounts and to process transactions required in order to reconcile the clearing accounts. This role plays an important control function, satisfying both internal and external needs. The senior staff member is required to review and approve all daily and monthly reconciliations to ensure that all reconciliations have been completed for GS007 requirements. The team member needs to demonstrate effective time management skills, in order to prioritise workload, ensuring commitment at all times to MUFG Pension & Market Services core values, policies and procedures

EXPERIENCE & PERSONAL ATTRIBUTES

• Experience in or knowledge of one or more of the following areas is desired:
• Knowledge of aaspire or similar administration system highly regarded
• Bank Reconciliation Experience
• Exposure to the superannuation administration industry would be valuable
• Knowledge of Quality Assurance procedures and compliance knowledge
• Excellent organization and planning skills
• Computer Literate (Word, Excel, Windows)
• General Ledger (currently People Soft)
• Good communication skills
• Ability to work with limited supervision
• Strong Planning and organisation skills
• Attention to detail and accuracy
• Ability to work as part of a team.
• Ability to meet deadlines

KEY ACCOUNTABILITIES AND MAIN RESPONSIBILITIES

• Review of Daily bank reconciliations prepared, with all exceptions investigated and cleared within 48 hours
• Review of Monthly bank reconciliations prepared, with all exceptions investigated
• Review of Clearing account reconciliations prepared, with all exceptions investigated, with the ability to be cleared
• Weekly cash flow monitoring and reporting to Fund Accountant
• Review PAYG reconciliations
• Stale cheques monitoring
• Provide status update on daily bank reconciliation, cash flow management and PAYG reconciliation
• Update issue log and follow up with the issues recorded
• To adhere to Client Accounting processes
• To build effective relationships across own team and to be considered ‘first port of call’ for general accounts queries
• Ad hoc projects and tasks as directed by Manager. (Process change or improvement initiatives, analytical reviews, reporting enhancements etc.)
• Completion of responsibilities with minimal rework on a timely basis, as highlighted above
• Achievement of deadlines/tasks
• Quality and accuracy of processing
• Minimise and clearance of reconciling items in a timely manner
• Willingness to learn new skills
• Detail oriented: accurate
• Problem resolution through listening, analysis and providing timely solutions of problems that arise
• Takes personal responsibility for meeting commitments/deadlines, actively seeks additional responsibility and takes steps to improve current level of performanceEscalate issues in a timely manner