Our client is seeking a seasoned Finance Reconciliations Manager to lead the implementation of a new cloud-based reconciliation tool in Dublin City Centre.
Purpose of the Role
The Reconciliation Team Finance Manager will oversee the efficient and accurate reconciliation of multiple revenue channels, including ticketing, licensing, and other revenue streams. This involves leading a dedicated team, driving the implementation of robust controls and reconciliation processes while ensuring compliance with financial regulations and organisational goals.
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 organisational needs.
* Lead the migration of existing reconciliation processes to the new platform, ensuring data accuracy and operational continuity.
Reconciliation Oversight
* 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.
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.
Continuous Improvement
* Identify opportunities to optimise 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 optimise financial policy, procedural and training documentation.
* Stay up-to-date with industry best practices and financial regulations to ensure the organisation's reconciliation processes remain cutting-edge.
Qualifications and Experience
Essential qualifications include a Bachelor's degree in Finance, Accounting, Business, or a related field, accompanied by professional qualifications such as ACA, ACCA, or CIMA. A minimum of 5 years of experience in financial reconciliation or financial operations, with at least 2 years in a leadership role, is also required.
Desirable qualifications include experience in ticketing, licensing, or similar revenue channels, project management skills, and familiarity with cloud-based reconciliation tools or financial platforms.