BRS ( bank reconciliation system )

Job Description: Bank Reconciliation Specialist
Position Title: Bank Reconciliation Specialist
Department: Finance/Accounting
Location: [Company Location]
Reports To: Finance Manager/Accounting Manager
Job Type: Full-Time
Position Overview:
The Bank Reconciliation Specialist is responsible for ensuring the accuracy and completeness of the company's
financial records by reconciling bank statements with the company's accounting records. This role involves
identifying discrepancies, investigating and resolving issues, and ensuring that all financial transactions are
accurately recorded.
Key Responsibilities:
 Bank Reconciliation: Perform regular reconciliation of all bank accounts to ensure the accuracy of
financial records.
 Discrepancy Resolution: Investigate and resolve discrepancies between bank statements and company
records, including following up on outstanding items.
 Transaction Recording: Ensure all bank transactions are accurately and timely recorded in the
company’s accounting system.
 Reporting: Prepare monthly reconciliation reports and assist in the preparation of financial statements.
 Internal Controls: Maintain and improve internal controls related to cash management and bank
reconciliation processes.
 Compliance: Ensure compliance with company policies, accounting standards, and regulatory
requirements.
 Collaboration: Work closely with other members of the finance team to support month-end and yearend closing processes.
 Documentation: Maintain thorough documentation of all reconciliation activities and adjustments.
 Audit Support: Assist with internal and external audits by providing requested documentation and
explanations related to bank reconciliation.
Qualifications:
 Education: Bachelor’s degree in Accounting, Finance, or a related field.
 Experience: Minimum of 3 years of experience in bank reconciliation or a similar role.
 Skills:
o Proficiency in accounting software (e.g., QuickBooks, SAP, Orac