Finance Staff (General Ledger & Reconciliation)

Job description:

Role Overview

We are looking for a detail-oriented Finance Staff member to manage the end-to-end Bank and General Ledger (GL) reconciliation process. You will play a critical role in ensuring the accuracy of our financial records, identifying discrepancies, and maintaining the integrity of our cash flow reporting.

Key Responsibilities

Data Consolidation: Gather and organize all primary financial documents, including monthly bank statements and GL transaction listings, to initiate the reconciliation cycle.

Comparative Analysis: Perform side-by-side verification of bank account balances against internal book balances to identify variances.

Bank Statement Audit: Scrutinize bank-side transactions to identify unrecorded items, such as bank service fees, interest income, or automated debits/credits not yet captured in the GL.

GL Transaction Review: Analyze internal cash-in and cash-out records to identify timing differences, such as:

Outstanding checks or payments in transit.

Deposits not yet cleared by the bank.

Stale-dated checks or unpresented warrants.

Balance Adjustments: Calculate adjusted bank balances by accounting for outstanding withdrawals and deposits. Simultaneously, update the company books to reflect verified bank-initiated transactions.

Journal Entry & Reporting: Prepare and record necessary adjusting journal entries in the appropriate accounting period to ensure the books reflect the true cash position.

Compliance & Documentation: Maintain a clear audit trail of all reconciliation reports and supporting schedules for month-end closing and external audits.

Qualifications

Education: Bachelor’s degree in Accountancy, Finance, or a related field (CPA or CPA-candidate is a plus).

Technical Skills: Proficiency in MS Excel (VLOOKUP, Pivot Tables) and experience with accounting software/ERP systems.

Soft Skills: Strong analytical mindset, high attention to detail, and the ability to meet strict month-end deadlines.