Bank Reconciliation Specialist

FourQuarters Recruitment
Sydney, NSW
A$65,000-$70,000 p/a
Accounting → Accounts Receivable/Credit Control
Full-time
On-site

Posted 12 days ago


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.


About FourQuarters Recruitment

Sydney, NSW, Australia

This company does not have any further information provided at this time. We encourage you to research the company by searching for them to learn more about the company or role in question before applying.

More Jobs

Accounts Receivable Specialist

Perigon Group Pty Limited

Sydney, NSW
A$75,000 p/a
Full-time
On-site

Accounts Receivable Specialist

YOKOHAMA TWS AUSTRALIA PTY LTD

Melbourne, VIC
A$80,000-$90,000 p/a
Full-time
On-site

Revenue Specialist

TalentLink

Brisbane, QLD
A$80,000-$90,000 p/a
Full-time
On-site

Finance Specialist

Flight Centre Travel Group

South Bank, QLD
A$85,000-$95,000 p/a
Full-time
On-site

Accounts Receivable Specialist | Education | $95,000

ThompsonCook | We Only Do Accounting

Elizabeth Bay, NSW
A$95,000 p/a
Full-time
On-site

Accountant - Banking / Treasury Management (Process Specialist)

Infosys BPM limited

Parramatta, NSW
A$80,000-$85,000 p/a
Full-time
On-site

Browse Jobs

by State

by Classification