Cyprus

TitanEdge

Accountants

Finance

Banking

Reconciliation &amp; Safeguarding officer&nbsp;Job OverviewThe Reconciliation Officer will be responsible for performing daily 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.&nbsp;Main Responsibilities●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Perform daily reconciliations of client money, ensuring completeness and accuracy.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prepare and maintain daily balance reports for all bank accounts and PSPs, monitoring and executing transfers and settlements.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Verify and reconcile trading transactions, including trade confirmations, settlements, and payments.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Generate reports and provide analysis on reconciliation activities and financial discrepancies such as Revenue Reports●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preparation of regular financial reports related to clients’ balances and Company performance.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identify weaknesses in current procedure and make recommendations for improvement.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investigate and resolve any discrepancies in a timely and efficient manner, coordinating with internal departments and external partners as needed.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preparation of financial analysis of service providers, by provider, by transaction or any other form that may be requested such that an informed decision can be made.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assistance and preparation in any regulatory reports that require input from the department.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liaise and communicate with other departments where needed to resolve any potential issues●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Support the finance and operations teams with any ad-hoc tasks or projects as required.&nbsp;Requirements●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bachelor’s degree in Accounting, Mathematics, Finance, etc.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferably with one year of experience in a similar position.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Excellent command of the English language.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advanced proficiency in Microsoft Excel.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strong attention to detail with excellent analytical and problem-solving skills.●&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ability to manage multiple tasks and meet tight deadlines in a fast-paced environment.

Reconciliation & Safeguarding Officer

Reconciliation & Safeguarding Officer

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