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Johannesburg: Reconciliation Specialist

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Job Description

About the Role

The Reconciliation Specialist plays a critical role in ensuring the accuracy and integrity of financial data by performing detailed reconciliations across multiple accounts and systems. This position requires strong analytical skills, attention to detail, and effective communication to support the organisation’s financial reporting and compliance requirements.

Key Responsibilities

  • Perform daily, weekly, and monthly reconciliations of bank accounts, general ledger accounts, and other financial records to ensure accuracy and completeness.
  • Investigate and resolve discrepancies between internal records and external statements promptly and effectively.
  • Maintain and update reconciliation schedules and documentation in accordance with internal policies and regulatory requirements.
  • Collaborate with internal teams, including finance, operations, and audit, to obtain necessary information and resolve reconciliation issues.
  • Identify process improvements to enhance the efficiency and accuracy of reconciliation activities.
  • Prepare detailed reports on reconciliation status, issues identified, and actions taken for management review.

Requirements

  • A recognised qualification in finance, accounting, or a related field.
  • Proven experience in financial reconciliation within the banking or finance sector.
  • Strong understanding of accounting principles and financial controls.
  • Proficiency in using financial software and enterprise resource planning systems.
  • Excellent analytical and problem-solving skills.
  • Attention to detail and high level of accuracy in work.
  • Effective communication skills, both written and verbal.
  • Ability to manage multiple tasks and meet tight deadlines.

Qualifications

A minimum of a National Diploma or Bachelor’s degree in Accounting, Finance, or a related discipline is essential. Experience working with complex financial data and multiple accounting systems is also required.

Salary & Benefits

Salary details are not available at this time.

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How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

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For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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