Financial Reconciliation Specialist

2 months ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
Job Summary

We are seeking a highly skilled Financial Reconciliation Specialist to join our team at the Islamic Development Bank. The successful candidate will be responsible for ensuring the accuracy and integrity of our financial records by reconciling bank statements with our general ledger.

Key Responsibilities
  1. Monitor bank transactions on a daily basis and provide detailed reports and analysis of open items in bank accounts.
  2. Reconcile bank accounts with the general ledger, including checks and/or deposits, in a timely and accurate manner.
  3. Collaborate with other departments to resolve discrepancies and ensure financial information is accurate.
  4. Validate the accuracy of financial information generated by reconciliations and provide recommendations for improvement.
  5. Support internal control evaluation and implement changes to accounting and reporting processes as needed.
  6. Develop and implement projects to enhance financial reporting, such as automation of reports and standardization of recording and reporting processes.
  7. Participate in Finance & Accounting improvement initiatives to contribute to the overall effectiveness of the department.
Requirements
  • Bachelor's degree in Accounting or Finance or a related field.

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