Head of Reconciliation

Head of Reconciliation

London Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
M

At a Glance

  • Tasks: Lead and optimise financial reconciliation processes while managing a team of analysts.
  • Company: Join Marcura, a rapidly expanding company with a focus on innovation in financial services.
  • Benefits: Enjoy competitive salary, wellness programmes, and global opportunities in a diverse work culture.
  • Why this job: Make a real impact by automating processes and enhancing financial accuracy in a supportive environment.
  • Qualifications: Bachelor's degree in finance or accounting; 5-7 years in reconciliations with leadership experience required.
  • Other info: Be part of a team that values inclusion, diversity, and your personal growth.

The predicted salary is between 43200 - 72000 Β£ per year.

1 week ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

The Head of Reconciliations will be responsible for leading and optimizing the reconciliation processes across all financial transactions. This role will play a critical part in ensuring the integrity and accuracy of financial data, managing a team of reconciliation analysts, and compelling strategic initiatives to automate and streamline reconciliation operations.

Your Day-to-Day Will Involve:

  • Oversee the reconciliation of financial transactions across multiple platforms, including digital wallets, payment platform, and other financial systems.
  • Ensure timely and accurate reconciliation operations management and address any discrepancies in a prompt and effective manner.
  • Develop and implement robust reconciliation policies, procedures, and controls to support business growth and scalability.
  • Drive initiatives to automate reconciliation processes.
  • Collaborate with product, technology, and data teams to design and implement scalable reconciliation systems and workflows.
  • Continuously evaluate existing processes to identify inefficiencies and recommend enhancements to improve accuracy and reduce operational risks.
  • Provide regular updates and reports on reconciliation status, performance metrics, and risk factors to senior management and other key stakeholders.
  • Develop a strategic vision for the reconciliation function, aligning with the organization\’s overall business strategy and growth objectives.
  • Prepare and present detailed reports on reconciliation performance, trends, and strategic initiatives to the management team.

The Head of Reconciliations will be responsible for leading and optimizing the reconciliation processes across all financial transactions. This role will play a critical part in ensuring the integrity and accuracy of financial data, managing a team of reconciliation analysts, and compelling strategic initiatives to automate and streamline reconciliation operations.

Your Day-to-Day Will Involve:

  • Oversee the reconciliation of financial transactions across multiple platforms, including digital wallets, payment platform, and other financial systems.
  • Ensure timely and accurate reconciliation operations management and address any discrepancies in a prompt and effective manner.
  • Develop and implement robust reconciliation policies, procedures, and controls to support business growth and scalability.
  • Drive initiatives to automate reconciliation processes.
  • Collaborate with product, technology, and data teams to design and implement scalable reconciliation systems and workflows.
  • Continuously evaluate existing processes to identify inefficiencies and recommend enhancements to improve accuracy and reduce operational risks.
  • Provide regular updates and reports on reconciliation status, performance metrics, and risk factors to senior management and other key stakeholders.
  • Develop a strategic vision for the reconciliation function, aligning with the organization\’s overall business strategy and growth objectives.
  • Prepare and present detailed reports on reconciliation performance, trends, and strategic initiatives to the management team.

Requirements

  • Bachelor\’s degree in finance, Accounting, or similar graduation.
  • Over 5-7 years\’ experience in financial reconciliations
  • At least 2-3 years in a leadership role, preferably in the context of payment solutions or financial data.
  • In-dept knowledge of digital payment systems.
  • Experienced as a user of Financial ERP Systems.
  • Proven track record of managing reconciliation processes and driving process improvements in a high-growth environment.
  • Proficiency in reconciliation and financial management software, as well as data analytics tools (e.g., SQL, Python).
  • Experience with automation tools and technologies.
  • Building and facilitating automation solutions for efficiency related to reconciliations.
  • Strong problem-solving skills with the ability to identify and address issues proactively.
  • Strong leadership and team management skills.

Benefits

  • Competitive Salary and Bonus : We reward your expertise and contributions.
  • Inclusive Onboarding Experience : Our onboarding program is designed to set you up for success right from day one.
  • Marcura Wellness Zone : We value your work-life balance and well-being.
  • Global Opportunities : Be part of an ambitious, expanding company with a local touch.
  • Diverse, Supportive Work Culture : We\’re committed to inclusion, diversity, and a sense of belonging for all team members.

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Other

  • Industries

    Banking

Referrals increase your chances of interviewing at Marcura by 2x

Sign in to set job alerts for β€œHead” roles.

Project Director – Office of the MD (Dubai Relocation) Required)

London, England, United Kingdom 3 days ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 week ago

Higher Executive Officer (HEO) Area Manager

London, England, United Kingdom 5 days ago

Director of Strategic Projects & Programmes

London, England, United Kingdom 1 week ago

London, England, United Kingdom 6 days ago

Head of People Systems and Process Improvement

London, England, United Kingdom 4 days ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 5 days ago

London, England, United Kingdom 2 days ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 4 days ago

Greater London, England, United Kingdom 1 week ago

Head of Strategic Communications – Grenfell Site Programme

London, England, United Kingdom 5 days ago

Global Head of Operations (Service Delivery)

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 weeks ago

Head of Growth & Client Partnerships – UK

London, England, United Kingdom 1 month ago

Slough, England, United Kingdom 6 days ago

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 2 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr

Head of Reconciliation employer: Marcura Group

At Marcura, we pride ourselves on being an exceptional employer, offering a competitive salary and bonus structure that rewards your expertise. Our inclusive onboarding experience ensures you feel supported from day one, while our commitment to work-life balance is reflected in the Marcura Wellness Zone. With global opportunities and a diverse, supportive work culture, we empower our employees to grow and thrive in their careers, making it a truly rewarding place to work.
M

Contact Detail:

Marcura Group Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Head of Reconciliation

✨Tip Number 1

Familiarise yourself with the latest trends in financial reconciliation and digital payment systems. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.

✨Tip Number 2

Network with professionals in the finance and reconciliation sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the Head of Reconciliation role.

✨Tip Number 3

Prepare to discuss specific examples of how you've led teams and improved reconciliation processes in previous roles. Highlight any automation initiatives you've implemented, as this aligns closely with the job requirements.

✨Tip Number 4

Research StudySmarter's company culture and values. Understanding our mission and how the Head of Reconciliation role fits into our overall strategy will allow you to tailor your discussions and show that you're a great cultural fit.

We think you need these skills to ace Head of Reconciliation

Financial Reconciliation
Leadership Skills
Process Improvement
Digital Payment Systems Knowledge
Financial ERP Systems Experience
Data Analytics (SQL, Python)
Automation Tools Proficiency
Problem-Solving Skills
Team Management
Strategic Vision Development
Communication Skills
Attention to Detail
Risk Management
Reporting and Presentation Skills

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in financial reconciliations and leadership roles. Emphasise your knowledge of digital payment systems and any experience with financial ERP systems.

Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the reconciliation function and how your strategic vision aligns with the company's goals. Mention specific initiatives you've led that improved reconciliation processes.

Showcase Your Technical Skills: Highlight your proficiency in reconciliation and financial management software, as well as data analytics tools like SQL and Python. Provide examples of how you've used these skills to drive process improvements.

Prepare for Interviews: Be ready to discuss your leadership style and how you've managed teams in high-growth environments. Prepare examples of how you've automated reconciliation processes and addressed discrepancies effectively.

How to prepare for a job interview at Marcura Group

✨Showcase Your Leadership Skills

As the Head of Reconciliation, you'll be managing a team. Be prepared to discuss your leadership style and provide examples of how you've successfully led teams in the past, especially in high-pressure environments.

✨Demonstrate Technical Proficiency

Familiarise yourself with financial ERP systems and data analytics tools like SQL and Python. Be ready to discuss how you've used these tools to improve reconciliation processes or solve complex problems.

✨Prepare for Process Improvement Discussions

The role involves optimising reconciliation processes. Think of specific instances where you've identified inefficiencies and implemented changes that led to measurable improvements. Be ready to share these examples.

✨Align with Company Goals

Understand the company's strategic vision and how the reconciliation function fits into it. Be prepared to discuss how you can contribute to the organisation's growth objectives through effective reconciliation management.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

M
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>