Job Title: Bank Reconciliation Specialist

Company Overview:

Join our client's dynamic, family-owned retail business known for its youthful culture and adaptability. They value diligence, commercial awareness, initiative, and confidence. If you have a background in retail operations and thrive in a changing environment, we invite you to be part of our team.

Position Overview:

We are seeking a meticulous Bank Reconciliation Specialist to manage and oversee our financial reconciliation processes. The ideal candidate will have a strong understanding of retail operations, exceptional attention to detail, and the ability to work proactively in a fast-paced setting.

Key Responsibilities:

• Perform daily reconciliations of retail store banking transactions to ensure accuracy and completeness.
• Investigate and report discrepancies in store banking variances, implementing corrective actions as necessary.
• Reconcile online store banking transactions, ensuring alignment with internal records.
• Prepare and maintain balance sheet bank reconciliations, ensuring timely resolution of any discrepancies.
• Oversee merchant facility requirements for all stores, ensuring compliance and operational efficiency.
• Minimize, investigate, and report all chargebacks, working to reduce financial losses.
• Manage the issuance and reconciliation of gift vouchers and credit notes.
• Assist in finance procedures related to the opening and closing of stores, collaborating with team members to ensure seamless transitions.
• Process and follow up on accounts receivable, ensuring timely collections and accurate record-keeping.
• Execute month-end processes and procedures, including managing banking stationery and float confirmations.
• Assist with annual audit reporting requirements, providing necessary documentation and insights.
• Collaborate closely with internal and external stakeholders, fostering strong relationships to support financial operations.
• Engage in ad hoc reporting, analysis, and project work aimed at process improvement and operational efficiency.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 2 years experience in a reconciliation-focused role, preferably within the retail industry.
• Strong analytical and problem-solving skills, with a keen eye for detail.
• Excellent communication and interpersonal abilities.
• Proficiency in Microsoft Excel and other financial software.
• Ability to manage multiple tasks and priorities simultaneously.
• Understanding of relevant regulations and policies.

Desired Attributes:

• Diligent and proactive, with the ability to take initiative.
• Commercially aware, with a strong understanding of retail operations.
• Adaptable to change and comfortable in a dynamic, fast-paced environment.
• Confident in decision-making and problem-solving.

Benefits:

• Competitive salary and performance-based incentives.
• Opportunities for professional development and career advancement.
• A supportive and collaborative work environment within a family-owned business.
• Employee discounts on company products.

If you are a detail-oriented professional with a passion for retail and financial accuracy, we encourage you to apply for this exciting opportunity.