Senior Reconciliation Services Specialist

ABOUT THE COMPANY

AZADEA Group is a premier lifestyle retail company that owns and operates more than 40 leading international franchise concepts in fashion and accessories, food and beverage, home furnishings, sporting goods, multimedia and beauty and cosmetics across the Middle East and Africa spread across 13 countries overseeing more than 700 stores.

JOB PURPOSE

The Senior Reconciliation Services Specialist at Azadea's Business Services is responsible for providing professional accounting services and overseeing the operations of the reconciliation unit to ensure the delivery of a comprehensive and efficient end-to-end service to the group.

RESPONSIBILITIES

• Manage the reconciliation of ARC balance sheet, ensuring timely and accurate information availability by reconciling accounts and managing the age of unreconciled items within established KPIs.
• Collaborate closely with internal and external auditors during financial and operational audits, providing accurate and prompt information.
• Generate reports based on statistical and functional metrics such as balance sheet aged items, reconciliation progress, and status of unreconciled items. Enhance system efficiency to automate matching and reconciliation as per set schedules for timely review.
• Ensure compliance with cut-off dates, closure of general ledger accounts, and adjustments in line with the established period-end calendar.
• Conduct closing activities according to the schedule, and review management fees, royalties, and allocations based on existing agreements.
• Align accruals with contractual obligations, conduct monthly FX valuations, and ensure tax provisions adhere to regulations and procedures.
• Validate, review, and ensure the accuracy of financial data related to balance sheet reconciliation by identifying, investigating, and rectifying routine errors and anomalies in input data.
• Maintain clean and reconciled balance sheet accounts, keeping the company informed about its financial standing and enabling the production of statutory reports within legislative time limits.
• Maintain a high level of customer service, meeting internal Service Level Agreements (SLAs), and promptly addressing requests to ensure internal customer satisfaction.

LANGUAGE & TECHNICAL SKILLS

Language Skills

• Fluency in English.
• Fluency in French is a plus.

Technical Skills

• Proficiency in MS Office.

EDUCATION

Bachelor's degree in Accounting, or Finance, or a related field.

Master's degree is a plus.

EXPERIENCE

Four to six years of experience in a similar role.

BEHAVIORAL COMPETENCIES

Customer Focus

Builds strong customer relationships and delivers customer-centric solutions. For example, keeps in contact with customers to ensure problems are resolved, or to improve customer service. Studies customer feedback and emerging customer needs and uses these to determine some creative new ideas.

Financial Acumen

Interprets and applies key financial indicators to make better business decisions. For example, determines and estimates the main direct and indirect costs; makes generally appropriate decisions regarding expenditures. Studies financial and quantitative information; uses data to improve performance.

Plans and Aligns

Plans and prioritizes work to meet commitments aligned with organizational goals. For example, outlines clear plans that put actions in a logical sequence; conveys some time frames. Aligns own work with relevant workgroups. Takes some steps to reduce bottlenecks and speed up the work.

Optimizes Work Processes

Knows the most effective and efficient processes to get things done, with a focus on continuous improvement. For example, uses metrics and benchmarks to monitor accuracy and quality. Takes steps to make methods productive and efficient. Promptly and effectively addresses process breakdowns.

Communicates Effectively

Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences. For example, listens attentively and takes an interest. Keeps others well informed; conveys information clearly, concisely, and professionally when speaking or writing.

Collaborates

Builds partnerships and works collaboratively with others to meet shared objectives. For example, readily involves others to accomplish goals; stays in touch and shares information; discourages "us versus them" thinking; shows appreciation for others' ideas and input.

Situational Adaptability

Adapts approach and demeanor in real time to match the shifting demands of different situations. For example, finds out which situations call for flexibility and responds accordingly; seeks and listens to others' input and feedback on how to adapt approach to changing situations.

Azadea Group is an Equal Employment Employer – All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or any other characteristic protected by relevant local laws.