Location: Dublin 2
Date: Feb 27, 2025
Requisition ID: 1578664
Position Title: Finance Reconciliation Team Manager
Reports To: Head of Transport Technology Finance
Role: 12 months
Purpose of the Role: The Reconciliation Team Finance Manager will oversee the rollout and management of a new cloud-based reconciliation tool, ensuring the efficient and accurate reconciliation of ticketing, licensing, and other revenue channels.
The role will lead a dedicated team, driving the implementation of robust controls and reconciliation processes while ensuring compliance with financial regulations, best practices, and organizational goals.
The role is responsible for overseeing the day-to-day reconciliation monitoring, maintaining and updating finance controls, policies, and systems, as well as contributing to the development and implementation of system enhancement, reporting enhancement, and control frameworks.
Key Responsibilities: Leadership and Team Management: Manage and lead a team of reconciliation specialists, fostering a culture of excellence and continuous improvement.Assign tasks, monitor performance, and provide regular feedback to ensure team objectives are met.Provide training and development opportunities to enhance team skills and knowledge.Act as the primary point of escalation for reconciliation issues, providing guidance and resolution strategies.Implementation of the Reconciliation Tool: Lead the rollout of the new cloud-based reconciliation tool, coordinating with internal departments and external vendors to ensure a seamless implementation.Oversee the definition and documentation of reconciliation requirements across ticketing, licensing, and other revenue streams.Monitor system testing, troubleshooting, and validation processes, ensuring the tool aligns with organizational needs.Lead the migration of existing reconciliation processes to the new platform, ensuring data accuracy and operational continuity.Oversee the operation of the financial transaction reconciliation tool system and reconciliations channels including KPI development and SLA development for internal and external stakeholder relationships.Develop, implement, and monitor reconciliation policies and procedures to ensure accuracy, efficiency, and compliance.Oversee the reconciliation of multiple revenue streams, ensuring discrepancies are identified and resolved promptly.Ensure compliance with relevant financial regulations, including public sector governance standards and audit requirements.Support the integration of new revenue streams into the reconciliation platform as they are developed.Develop, implement, and monitor the operation of all key ticketing reconciliations ensuring a high controls environment including ISAE3402 standards.Stakeholder Engagement and Reporting: Act as the key liaison with finance, operations, IT, and external vendors to support reconciliation activities and tool rollout.Provide regular updates to senior stakeholders on the progress of the reconciliation rollout and key performance metrics.Prepare detailed reconciliation reports, including analysis of trends, discrepancies, and opportunities for improvement.Represent the reconciliation function in internal and external audits, ensuring compliance and transparency.Identify opportunities to optimize reconciliation processes, leveraging the capabilities of the cloud-based tool and automation technologies.Develop strategies to enhance the accuracy, timeliness, and efficiency of reconciliation activities.Develop and optimize financial policy, procedural and training documentation.Stay up to date with industry best practices and financial regulations to ensure the reconciliation processes remain cutting-edge.
Qualifications and Experience: Bachelor's degree in Finance, Accounting, Business, or a related field.Professional qualification such as ACA, ACCA, or CIMA.Minimum of 5 years of experience in financial reconciliation or financial operations, with at least 2 years in a leadership role.Proven experience in managing the rollout of financial or reconciliation systems in a large organization.Experience in development and oversight of financial controls, policies, and procedures.Strong knowledge of public sector financial regulations, including compliance and audit standards.Strong technical accounting skills and knowledge of accounting standards.Excellent interpersonal and communication skills.Ability to work on own initiative, as part of a team, and as a leader of a group.Experience in ticketing, licensing, or similar revenue channels.Project management skills and experience.Familiarity with cloud-based reconciliation tools or financial platforms.Knowledge of the Code of Practice for the Governance of State Bodies and Value for Money principles.
#J-18808-Ljbffr