Finance Operations - Reconciliation Lead
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Key skills for this role
About the Role
HALA is seeking a Finance Operations Reconciliation Lead in Riyadh to lead reconciliation and balancing analysis on pool accounts and customer transactions. The role involves investigating discrepancies, working with cross-functional teams, and improving processes.
Key Skills for This Role
Responsibilities
- Lead the reconciliation and balancing analysis on pool accounts and customer transactions
- Ensure accurate summary reconciliation reports are generated in a timely manner and highlight required actions
- Take proper actions as required including investigating transactions, bank interface issues, or customer claims
- Work closely with other departments to resolve any reconciliation or customer claim issues
- Resolve promptly and/or escalate any risks not addressed
- Recommend and implement process improvements to increase efficiency and accuracy of reconciliation processes
- Ensure reconciliation controls and processes are up to date
- Prepare general ledger reconciliations for a financial institution
- Perform ad hoc requests and special projects
Requirements
- Bachelor Degree in Accounting, Finance, Business Administration or equivalent fields
- Five (5) to eight (8) years of experience in a similar role
- Proficient in Microsoft Office Tools and computerized ledger system
- Fluent in English and Arabic
- Certified Public Accountant (CPA) designation preferred
Full Job Posting
Who Are We
- HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting edge financial and technological tools.
Education & Experience
- Bachelor Degree in Accounting, Finance, Business Administration or equivalent fields of studies
- Five (5) to eight (8) years of experience in a similar role
Skills
- Computer Skills: Proficient in Microsoft Office Tools and computerized ledger system
- Languages: Fluent in English and Arabic
- Certified Public Accountant (CPA) designation preferred
Job Specific Responsibilities
- Support the other departments to fix the customers’ issues
- Lead the reconciliation and balancing analysis on pool accounts and customer transactions
- Ensure accurate summary reconciliation reports are generated in a timely manner and highlight required actions
- Take proper actions as required including investigating transactions, bank interface issues, or customer claims
- Work closely with other departments, especially with the Digital, Safeguarding, and Customer Care to resolve any reconciliation or customer claim issues
- Resolve promptly and/or escalate any risks not addressed
- Recommend and implement process improvements to increase the efficiency and accuracy of daily and periodic reconciliation processes
- Ensure reconciliation controls and processes are up to date
- Coordinate to collect data, check its integrity and summarize it
- Run models, verify their applicability, analyze them then communicate results
- Maintain and upgrade knowledge of the core aspects of banking and accounting reconciliation
- Prepare general ledger reconciliations for a financial institution
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