general ledger reconciliation AnalystDTCC

Job Description:
Internal Short DescriptionThis role is responsible for performing all functions related to preparation of accounts reconciliations and compare general ledger account balances to underlying source/transaction systems, sub-ledger or other source of documentation and the identification of reconciling differences.
Position Title: General Ledger Reconciliation Analyst
Are you ready to explore a world of possibilities?
Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll tackle challenges with flexibility and grace, learning new skills and advancing your career while having the time of your life.
Why You Love This Job:
As a member of the Financial Reporting & Accounting, the position is responsible for performing all functions related to preparation of accounts reconciliations and compare general ledger account balances to underlying source/transaction systems, sub-ledger or other source of documentation and the identification of reconciling differences.
Your Responsibilities:
· Actively participate in execution of GL Reconciliation transition planning.
· Accountable for accurate and timely balance sheet account reconciliations with no ageing reconciling items. Should there be any, engage and work. together with unit/person in charge. Recommend measures to keep the account clean and current at all times. Engage everyone to DO IT RIGHT THE FIRST TIME!
· Complete Balance Sheet reconciliations accurately within the prescribed timeline. Simplify format for easy understanding of users.
· Analyze movements per details of transactions. Explain significant and/or unusual variances. Resolve all reconciling items and discrepancies. In the event that a reconciling item cannot be resolved in the timeframe set forth this needs to be escalated to the reviewer and legal entity owner immediately.
· Ensure that reconciliation contains accurate and relevant support for the balances being reconciled including proposed resolution.
· Proactively assess reconciling issues to determine if they are a result of control deficiencies.
· Understand and implement DTCC policies, processes and controls. Continuously search ways to upgrade and simplify. Aim to be the BEST at all times!
· Partner with stakeholders (entity controllers and process owners) and functional heads. Identify information and reports that would be of value to their respective units.
· Provide logical and immediate solutions to close off issues.
· Contribute and actively participate in internal and external audit reviews. Execute follow-up action items and internal control recommendations.
· Participate in projects relating to finance system, policies and cross functional concerns.
· Other activities include providing ad hoc data/reporting requests
· Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately.
Talents Needed For Success:
· At least 5 years of solid finance and accounting work experience in a multinational shared service computerized environment, 3 years of which dedicated in handling general ledger and financial reports.
· Graduate of Bachelor of Science in Accountancy.
· CPA license is preferred but not required.
· Proficient in MS office applications (Word, excel, power point etc.)
· Knowledgeable in Account Reconciliation Cloud Service (ARCS) and Oracle Cloud.
DTCC