Reconciliation Officer
Exinity, Cyprus
Job Description
Exinity Group is a new global wealth management organisation with an ambitious mission to create a new generation of empowered investors and traders. The Group is home to its various retail businesses including Alpari International, FXTM and a soon new retail offering under the Exinity name. We’re meeting the needs of aspirational young adults who want secure access to both cash based and leveraged investment products, with innovative solutions.
Our global network of offices and regulations spans Europe, the Middle East, Africa, Asia and Latin America, and we have already attracted over 3 million clients across 180 countries. We have offices in Cyprus, Asia, Africa, Latin America and the City of London.
At Exinity, we believe in the freedom to succeed. It’s not just a promise we make to our clients and partners, but to our people too. We encourage our people to learn from each other, to exchange information and best practices in an open-minded environment, and to advance by building up their skills and responsibilities. We do this in order to create prosperity for our customers, our brands, and our people.
Responsibilities:
- Monitoring and performing the reconciliation of clients’ funds on a daily basis: from third party statements to SAP accounting software in accordance with regulations.
- Monitoring of correct workflow (deposit/withdrawal process in internal system) and responsibility to investigate and resolve any discrepancies on a timely manner.
- Monitoring and processing of transactions in SAP accounting software.
- Performing client data reconciliation, confirming that adequate funds are kept segregated to cover client balances.
- Preparing various daily/weekly/monthly reports, related to client funds and balances.
- Organization and delivery of reconciliation information to the finance and Internal Audit and Reporting team.
- Monitoring of financial institutions and payment providers balances on a daily basis and assess any settlement or transfer needs to be requested.
- Communication and coordination with various departments within the Company and third parties for issue resolution.
- Assist the Reconciliations Team Leader in the preparation of analytical reports.
Requirements
- University degree in Accounting/ Finance/ Economics/ Mathematics or another related field.
- Computer literacy with a good working knowledge of Microsoft Office package, with sound knowledge of MS Excel.
- Excellent knowledge of the English language both verbal and written.
- Proven analytical abilities, problem solving and investigative skills.
- Strong attention to details and ability to identify issues and follow to resolution.
- Excellent time-management skills: Comfortable working in a high-pressure environment and meet strict deadlines in a dynamic working environment.
- Excellent communication and monitoring skills: Very strong attention to details.
- Knowledge of SAP accounting software it’s essential.
- At least 1 year of relevant role experience in FX environment.
- Knowledge regarding how CRM/CMS works and how is linked with client transactions will be considered as an advantage.
- Discretion in handling sensitive information.
- Team player with the ability to cooperate with multiple parties.
Benefits
Medical insurance
Performance-related bonus
Paid sick leave days for self and for taking care of your dependents
Interest Free Loans
Flexible Working Hours
Compensation for working extra shifts, weekends, and public holidays
A focus on your wellbeing, including talks and access to self-development tools