Unit Supervisor, Reconciliations Development – Commercial Bank of Qatar

Job Summary

•   Supervise and coordinate rules development for all Nostro/GL/ Suspense accounts integrity 

•   Enhance auto-matching for all GL, Suspense, Sundry accounts reconciliations

•   Develop product specific rules for usage on FIS Intellimatch ensuring accounts are reconciled from the GL to an appropriate source.

•   Monitoring the integrity of the general ledger accounts, identifying, communicating and investigate discrepancies relate to un-reconciled balances.

•   Collaborate with IT, Finance, Ops Risk, Internal and External Audit in relation to reconciliation and resolve issues promptly

•   Quality dashboard preparation, management reporting, and Implementation of process improvements to enhance efficiency and accuracy.

 

Key Accountabilities

•   Develop, test and produce matching rules for NOSTRO/ Dividend/ Central Bank/ ATM GL/ Sundry/ Suspense accounts reconciliation & monitoring of aging analysis.

•   Develop, test and produce matching rules for Visa Card/ MasterCard/ Diners including Issuing & Acquiring – Debit & Credit Card GL reconciliation & monitoring of outstanding items.

•   Review and optimize all data inflows for all required reconciliations

•   Develop dedicated automated dashboards to monitor matching, aging, data quality and effectiveness 

•   Work effectively in a fast-paced and dynamic environment, A self-starter and self-  motivated person who is able to influence and direct the settlements and reconciliation process

•   Automation of all manual reconciliation processes with proactive controls for exception management

•   Reviewing the transaction defects based on root-cause reports and identifying/proposing robotic automation solutions with enhanced controls.

•   Strong understanding of financial concepts: A good understanding of financial concepts such as general ledger, accounts payable, accounts receivable, etc

•   Experience with financial reconciliation software: Experience with financial reconciliation software such as IntelliMatch is essential. Knowledge of other similar software, such as TLM Reconciliations Premium or SmartStream TLM Reconciliations, may also be beneficial

•   Proficiency in programming languages: proficient in programming languages such Python or C++. Knowledge of SQL is also essential.

•   Understanding of database management: strong understanding of database management, including data modelling and database design.

•   Attention to detail: ensuring that financial transactions are accurately reconciled.

•   Problem-solving skills: able to troubleshoot and solve technical problems that arise when working with the software.

•   Analytical skills: able to analyze complex financial data to identify discrepancies and reconcile transactions.

 

Job Details

Preferred Candidate