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Are you a detail-oriented finance professional looking to take the next step in your career with a global leader? Randstad is seeking a talented and motivated Reconciliation Specialist to join a dynamic financial operations team in downtown Toronto. In this vital role, the Reconciliation Specialist will ensure financial precision by completing the daily reconciliation of Global Bulk Payment and Wholesale Banknote Nostro accounts. This includes managing the funding for a subset of accounts alongside Visa-integrated virtual account reconciliations. You will act as a key point of contact, conducting proactive outreach to global nostro accounts to investigate debits and credits, preparing GL entries, and supporting Wholesale Banknote daily funding analysis reports. If you thrive in a fast-paced environment and love solving complex financial puzzles, this Reconciliation Specialist position is the perfect opportunity for you!
Job Responsibility
Prepare and investigate daily GFX variances and balancing reports
Handle daily bank account reconciliations with high accuracy and attention to detail
Ensure assigned online support cases are resolved efficiently
Investigate and resolve outstanding financial items in a timely manner, adhering strictly to company policies and procedures
Certify accounts monthly on Frontier
Prepare monthly Revenue Payback and FATCA remittances
Provide exceptional service and efficient operational support to internal business partners and external customers
Prioritize daily tasks to consistently meet SLAs and fast-paced deadlines
Identify process gaps and proactively implement process improvements
Provide support to other departments and traders regarding reconciliation inquiries
Support the manager in documenting, implementing, and mentoring team members on new processes
Represent the department manager in meetings and projects during their absence, and act as a reliable backup for team members
Perform audit walkthroughs and gather required data/documents to support both internal and external audit requests
Requirements
Work Model: Ability to work fully on-site 5 days a week in the downtown Toronto office
Attendance: Proven track record of absolute punctuality and consistent attendance
Experience: Direct professional experience in bank account reconciliation within an Operations or Production environment
Education/Background: A solid accounting background is required
Technical Skills: Advanced proficiency in MS Excel (analytical functions) and solid MS Word and keyboarding skills
Soft Skills: Strong analytical thinking, problem-solving, and root-cause analysis skills
ability to manage competing priorities under minimal supervision
Flexibility: Availability to work shifts and statutory holidays if required
Nice to have
Experience with the AS400 / Global Bulk system
Prior experience working with Frontier reconciliation software
What we offer
Foot in the Door: Gain invaluable experience with a prestigious corporate organization
Prime Location: Work in the heart of bustling downtown Toronto
Collaborative Environment: Join a supportive, energetic team that values your growth and career progression
Contract Longevity: Secure an initial 12-month contract with possibility of extension or permanent conversion based on performance and business needs
Dynamic Culture: Enjoy the stability of a structured financial environment paired with modern, continuous learning opportunities