Reconciliation Analyst

1 week ago

Karachi, Sindh, Pakistan Halan Microfinance Bank Full time

Senior Officer, GL Monitoring and Reconciliation

Department:
 Centralized Operations

Reports to:
 Manager - GL Monitoring and Reconciliation  

Job summary

The Senior Officer, GL Monitoring and Reconciliation, is responsible for ensuring the accuracy, integrity, and timely reconciliation of all general ledger accounts within the centralized & branch operations function. This role involves monitoring general ledger activity, investigating and resolving discrepancies, and assisting with the month-end and quarter-end and year-end closing processes. The incumbent will work closely with various internal departments and play a key role in minimizing operational risk and ensuring compliance with accounting standards and internal policies.

Key roles and responsibilities

  • · 
    Daily monitoring and reconciliation
    :

  • Perform daily, weekly, and monthly reconciliations of complex GL accounts, including suspense, nostro, and internal accounts.

  • Identify, investigate, and resolve discrepancies in a timely manner, escalating long-outstanding items to management.

  • · 
    Process improvement and automation
    :

  • Develop and implement strategies to improve the efficiency and accuracy of reconciliation processes.

  • Identify and suggest opportunities for process enhancements and automation to minimize manual errors and operational risks.

  • · 
    Audit and compliance
    :

  • Ensure all reconciliation activities comply with internal policies, accounting standards and external regulatory requirements.

  • Support internal and external audits by providing necessary documentation and explanations related to GL reconciliations.

  • · 
    Reporting and analysis
    :

  • Prepare and submit periodic reconciliation reports to management, highlighting trends, anomalies, and areas for improvement.

  • Provide ad-hoc financial analysis and reports as required to support business decision-making.

  • · 
    Collaboration and communication
    :

  • Collaborate with various internal departments (e.g., Finance, IT, and other business units) to resolve transaction discrepancies and operational issues.

  • Communicate complex financial information clearly and concisely to both finance and non-finance stakeholders.

  • · 
    Team support and mentoring
    :

  • Provide guidance and training to junior team members on reconciliation best practices and procedures.

  • Act as a subject matter expert for reconciliation-related queries within the department.

Skills and qualifications

  • · 
    Education
    : Bachelor's degree in Finance, Accounting, or a related field is typically required, with a professional certification like CPA or ACCA being an advantage.

  • · 
    Experience
    : Candidates should have at least 2 to 3 years of relevant experience in financial reconciliation, preferably in a banking or financial services setting with significant general ledger exposure.

  • · 
    Technical skills
    : Essential technical skills include proficiency with financial software and databases, advanced Excel skills (including pivot tables and VLOOKUP), and a solid understanding of accounting principles and financial regulations.

  • · 
    Soft skills
    : Key soft skills for this role are strong analytical and problem-solving abilities, exceptional attention to detail, excellent communication skills (both written and verbal), the ability to work well both independently and in a team, and strong organizational and time-management skills to meet deadlines.

  • · 
    Behavioral traits
    : Important behavioral traits include a high level of integrity and ethical conduct, trustworthiness, being proactive, self-motivated, and having a continuous improvement mindset.

  • Financial Analyst

    3 days ago

    Karachi, Sindh, Pakistan Backtech Full time $30,000 - $60,000 per year

    Position: Financial AnalystLocation: Uni Tower, I.I. Chundrigar Road, Karachi Pakistan.Job type: Night shift.Qualification: BS degree in Finance, Economics or related fieldLanguage: Must be fluent in English, having excellent communication skills.BenefitsMedical Health Insurance (Including Family)Life InsuranceProvident Fund (PF)Annual 21 Paid LeavesLeaves...

  • ERP Analyst

    22 hours ago

    Karachi, Sindh, Pakistan Daraz Full time 900,000 - 1,200,000 per year

    About DarazFounded in 2015, Daraz is South Asia's leading e-commerce platform in Pakistan, Bangladesh, Sri Lanka, Nepal and Myanmar. It empowers more than 100,000 active sellers with world-class marketplace technology to reach the fast-growing consumer class in a region of 500 million people. Through Daraz Express and Daraz Pay, it operates the most...

  • Daraz-ERP Analyst-Finance Tech

    22 hours ago

    Karachi, Sindh, Pakistan Alibaba Full time 120,000 - 180,000 per year

    Basic InfomationDepartment:DarazDegree:BachelorWork Experience:2 yearJob DescriptionJob Summary:We are seeking an ERP Analyst with hands-on experience in Microsoft Dynamics 365 to support finance and operations processes at Daraz. The role will focus on ensuring smooth month-end closing, functional banking integrations, and effective use of key Dynamics 365...

  • Treasury & Reporting Analyst

    1 week ago

    Karachi, Sindh, Pakistan HRSI Full time 900,000 - 1,200,000 per year

    HRSI is looking for Treasury & Reporting Analyst for one of its leading client.Responsibilities:Supporting with IMEA treasury reporting packageCollecting data from different countries and consolidating on IMEA levelSupport on creating AR/AP/DPO analytical modelCashflow templates maintenance with countries , and consolidation of IFC templateBS exposure...

  • Financial Analyst

    1 week ago

    Karachi, Sindh, Pakistan Banyan Canopy Group Full time $80,000 - $120,000 per year

    Banyan Canopy Group is the Excellence Centre for Banyan Software, providing world-class operational support to drive the success of enterprise software businesses worldwide. Based in Karachi, Pakistan, Banyan Canopy Group plays a critical role in Banyan Software's long-term buy-and-hold strategy, delivering exceptional services that enable sustainable growth...

  • Financial Analyst

    5 days ago

    Karachi, Sindh, Pakistan GSK Full time 500,000 - 1,500,000 per year

    Site Name: Karachi Sky TowerPosted Date: Oct Job PurposeThe Financial Analyst - Banking, Insurance, Payroll (BIP) is responsible for support in month-end GL (general ledger) Business Banking, Treasury, Insurance and Payroll (BIP) closing activities and financial reporting of Market's results. Support in the preparation and review of Balance Sheet...

  • Sr. Financial Analyst

    1 week ago

    Karachi, Sindh, Pakistan Banyan Canopy Group Full time 900,000 - 1,200,000 per year

    Banyan Canopy Group is the Excellence Centre for Banyan Software, providing world-class operational support to drive the success of enterprise software businesses worldwide. Based in Karachi, Pakistan, Banyan Canopy Group plays a critical role in Banyan Software's long-term buy-and-hold strategy, delivering exceptional services that enable sustainable growth...

  • Financial Analyst

    5 days ago

    Karachi, Sindh, Pakistan GSK Full time 40,000 - 80,000 per year

    Nazwa biura: Karachi Sky TowerPosted Date: Oct Job PurposeThe Financial Analyst - Banking, Insurance, Payroll (BIP) is responsible for support in month-end GL (general ledger) Business Banking, Treasury, Insurance and Payroll (BIP) closing activities and financial reporting of Market's results. Support in the preparation and review of Balance Sheet...

  • Junior Financial Analyst

    1 week ago

    Karachi, Sindh, Pakistan Banyan Canopy Group Full time 1,200,000 - 2,400,000 per year

    Banyan Canopy Group is the Excellence Centre for Banyan Software, providing world-class operational support to drive the success of enterprise software businesses worldwide. Based in Karachi, Pakistan, Banyan Canopy Group plays a critical role in Banyan Software's long-term buy-and-hold strategy, delivering exceptional services that enable sustainable growth...

  • Financial Planning

    1 week ago

    Karachi, Sindh, Pakistan b452840d-f7a9-42ad-8334-f37e891df668 Full time 2,500,000 - 4,500,000 per year

    Location: Karachi, PakistanType: Permanent | Onsite (Night Shift aligned with CST business hours)Salary: Competitive + BenefitsAbout the RoleArthur Lawrence is seeking an FP&A Analyst – Night Shift to support financial reporting, budgeting, forecasting, and performance analysis for a U.S.-based client. You will work during night hours aligned with CST to...