Manager, Reconciliations, Johannesburg

Business Segment: Corporate&Investment Banking Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities– plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.Job Description

We are seeking an experienced and detail-oriented Manager, Reconciliations to join our CIB Reconciliation Capability team in Johannesburg, South Africa. In this Contract position, you will oversee all reconciliation activities, ensuring accuracy, compliance, and efficiency across our financial operations. The successful candidate will lead a team of reconciliation specialists, drive process improvements, and maintain the highest standards of financial control and integrity.Manage and oversee all reconciliation processes, including bank, intercompany, and balance sheet reconciliations Lead, mentor, and appraise a team of reconciliation staff, providing guidance on best practices and professional development Analyse reconciliation discrepancies, investigate root causes, and implement corrective actions in a timely mannerEnsure compliance with internal controls, audit requirements, and regulatory standards Develop and implement process improvements to enhance efficiency and reduce manual interventions Prepare and review reconciliation reports, identifying trends and areas for optimisation Liaise with other finance departments, banking partners, and external auditors to resolve outstanding itemsMonitor key performance indicators and reconciliation metrics to ensure targets are met Maintain comprehensive documentation and audit trails for all reconciliation activities Stay abreast of changes in accounting standards and reconciliation methodologies Qualifications

Required Skills and Experience: 4 - 10 years Extensive experience in financial reconciliations, including bank, intercompany, and general ledger reconciliations Proven track record of managing and leading finance teams Strong analytical and problem-solving abilities with meticulous attention to detailAdvanced proficiency in Microsoft Excel and accounting software systems Solid understanding of accounting principles, financial controls, and compliance requirements Excellent organisational and time-keeping skills with the ability to manage multiple priorities Strong people skills and the ability to communicate effectively at all levelsExperience in process documentation and procedure development Matric, Diploma, Degree in Accounting/Finance, Chartered Accountant Desirable Skills and Experience: Proficiency with enterprise resource planning (ERP) systems such as SAP Knowledge of banking reconciliation processes and proceduresExperience in process improvement initiatives and lean methodologies Familiarity with audit requirements and audit preparation Advanced Excel capabilities, including pivot tables, VLOOKUP, and macro development Background in financial control environments or internal audit functions

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