SBV
|Balancing and Reconciliation Officer (Grade 8 – HOD Level)
Port Shepstone, KwaZulu-Natal, South Africa
Summary
Led end-to-end financial reconciliation and cash balancing operations for General Ledger accounts across multiple banks, ensuring regulatory compliance and data integrity.
Highlights
Spearheaded daily reconciliation of multi-bank General Ledger (GL) accounts, ensuring 100% alignment of financial records and maintaining stringent data integrity across diverse systems.
Managed end-to-end reconciliation processes, consistently achieving compliance with Standard Operating Procedures (SOPs) and Service Level Agreements (SLAs) to minimize discrepancies.
Drove process improvements through cross-functional collaboration, leveraging Excel for data analysis and PowerPoint for presentations, resulting in enhanced stakeholder alignment and operational efficiency.
Investigated and resolved complex unreconciled items, discrepancies, and operational differences, consistently meeting designated timeframes and reducing financial exposure.
Prepared and submitted Certificates of Balance in strict adherence to Delegation of Authority protocols, ensuring 100% audit-readiness and compliance.
Analyzed and reported on South African Reserve Bank (SARB) discrepancies using the Difference Management System, identifying root causes and implementing corrective actions to prevent recurrence.
Led change management initiatives for updated reconciliation protocols, successfully driving adoption across teams and fostering a high-performance culture through comprehensive training and support.