ICU & CCO - AVP

Job title: ICU & CCO - AVP

EDUCATION

• Degree or equivalent work experience equally preferable.

• Degree in finance, accounting or other relevant field

• CERTIFICATIONS

• [Include information as needed.]

• WORK EXPERIENCE

• Experience within Financial Services sector identifying and resolving transaction discrepancies

• Deep practical knowledge of audit, reconciliation and control process flows

• Fluency in financial products, regional accounting principles and practices

• FUNCTIONAL SKILLS

• Understanding of financial statements and general ledgers, and ability to identify and highlight discrepancies or issues

• Ability to explain procedures and the rationale behind account reconciliation and control initiatives

• Understanding of regulatory and reporting requirements

• Working knowledge of applicable regional accounting agencies and principles such as FASB and GAAP

• Experience with quality assurance methods, tools and techniques

• Ability to create process flow or work flow diagrams and employ process flows, cycle time, process time and waste concepts as appropriate

• Ability to interpret, explain and produce standard reports

• FOUNDATIONAL SKILLS

• Communicates effectively

• Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills

• Exercises sound judgement, prioritizes effectively, and strives for continuous improvement

• Effectively collaborates with colleagues

• Leverages available technology to drive efficiency and results

• Understands and applies industry trends and best practices

• Exhibits optimism, resilience, flexibility, and openness to others' ideas

• Values learning as a lifelong professional objective

• Engages inclusively and with intent

• Always acts with integrity

RESPONSIBILITIES

• Reconcile daily movements in assets and liabilities accounts and client settlements, and investigate and resolve reconciliation breaks
• Follow through to ensure all breaks are identified and resolved in acceptable timeframe
• Recommend solutions to reduce errors, and ensure adherence to audit and control policies
• Manage, escalate and resolve inquiries, issues and errors. Identify policy gaps and help formulate policies to streamline processes
• Complete data analysis of reconciliations: identify trends, provide root cause analysis, execute on recommendations and identify financial impact of operational incidents
• Reconcile outstanding account balances and assist with certification of asset and liability general ledger accounts
• Conduct process mapping to identify significant risks and controls
• Perform internal controls (Quality Assurance, MCA, Global Policies)
• Create best-practice reports
• Calculate and validate batch totals
• Review, provide, correct, and code data
• Support both internal and external audits and other requests
• Support vendor quality control