Reconciliation Officer

We’re seeking for a reconciliation officer on behalf of our client an online broker offering tradable CFDs with underlying assets being commodities, Forex, ETFs, cryptocurrencies, and others.

Job Overview 

The Reconciliation Officer will be responsible for performing daily and monthly reconciliations of client funds, supporting various regulatory reporting and financial reporting, investigating discrepancies, and ensuring accurate record-keeping. The role involves monitoring transfers, coordinating with internal and external parties, and supporting finance and operations with ad-hoc tasks.

Main Responsibilities

• Perform daily and monthly reconciliations of client money, ensuring completeness and accuracy.

• Prepare and maintain daily balance reports for all bank accounts and PSPs, monitoring transfers and settlements.

• Verify and reconcile trading transactions, including trade confirmations, settlements, and payments.

• Generate reports and provide analysis on reconciliation activities and financial discrepancies such as Revenue Reports

• Preparation of regular reports related to clients’ balances and Company performance.

• Identify weaknesses in current procedure and make recommendations for improvement.

• Assist in software implementation.

• Investigate and resolve any discrepancies in a timely and efficient manner, coordinating with internal departments and external partners as needed.

• Recalculation of equity and revenue cycles to identify and discrepancies

• Preparation of a fee analysis of service providers by region, by provider, by transaction or any other form that may be requested such that an informed decision can be made.

• Assistance and preparation in any regulatory reports that require input from the department.

• Liaise and communicate with other departments where needed to resolve any potential issues

• Support the finance and operations teams with any ad-hoc tasks or projects as required.

Requirements

• Bachelor’s degree in Accounting, Mathematics, Finance, etc.

• At least 2-3 years of experience in a similar position.

• Excellent command of the English language.

• Advanced proficiency in Microsoft Excel.

• Strong attention to detail with excellent analytical and problem-solving skills.

• Ability to manage multiple tasks and meet tight deadlines in a fast-paced environment.

Benefits

• 24 working days of annual leave

• Comprehensive Global Medical Insurance Plan, with coverage for the employee and their immediate family from day one

• Udemy Business unlimited membership

• Company discount card with access to various goods and services

• Corporate events and team building activities

• Professional and personal development opportunities in a fast-growing environment