The Reconciliation Specialist is an entry-level position responsible for supporting daily reconciliation activities across cash, positions, and market values in coordination with Operations and Fund Accounting teams. The primary objective is to ensure accuracy, completeness, and timely resolution of breaks to support NAV integrity and financial reporting.
Responsibilities:
- Perform daily cash, position, and market value reconciliations across multiple systems and custodians
- Investigate, analyze, and resolve reconciliation breaks in a timely and accurate manner, ensuring proper aging and escalation where required
- Liaise with internal teams (Fund Accounting, Trade Processing, Corporate Actions) and external parties (custodians, brokers) to resolve discrepancies
- Ensure all exceptions are reviewed for potential NAV impact and appropriately communicated to stakeholders
- Perform root cause analysis on recurring reconciliation breaks and recommend process improvements or automation opportunities
- Maintain accurate documentation and audit trails for all reconciliation activities and issue resolution
- Assist in ensuring corporate actions, trades, and other lifecycle events are properly reflected in reconciliations
- Support periodic reporting of reconciliation status, outstanding breaks, and key risk indicators to management
- Contribute to process enhancements, standardization, and development of best practices within the reconciliation function
- Ensure adherence to internal controls, policies, and regulatory requirements, escalating any control gaps or risks appropriately
- Support client queries and internal audits related to reconciliation processes and outputs
Qualifications:
- 2–4 years of relevant experience in reconciliations, fund accounting, or financial operations
- Prior experience within financial services or asset management is preferred
- Strong understanding of reconciliation processes (cash, position, and valuation)
- Basic knowledge of financial instruments, markets, and accounting principles
- Strong analytical and problem-solving skills with attention to detail
- Familiarity with reconciliation tools/systems and MS Excel
- Studying towards ACCA, ACA, CIMA, or equivalent qualification is an advantage
- Strong written and verbal communication skills
Education:
- Bachelor’s degree in Finance, Accounting, Commerce, or related field (preferred)
Must be available for Night Shift
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Job Family Group:
Operations - Transaction Services
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Job Family:
Fund Accounting
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Time Type:
Full time
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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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