Finance Reconciliation Team Manager – FTC

Job title: Finance Reconciliation Team Manager – FTC

Company: EY


Job description: Position Title: Finance Reconciliation Team ManagerDepartment: Transport Technology FinanceReports To: Head of Transport Technology FinanceRole: 12 monthsPurpose 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 (including existing and future revenue channels, including the Leap Card, mTicketing, and Next Generation Ticketing). 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 of the finance controls, policies and systems, as well as contributing to the development and implementation of system enhancement, reporting enhancement and control frameworks.The successful candidate shall undertake tasks including those listed below to the highest standards: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.
• To oversee the operation of the financial transaction reconciliation tool system and reconciliations channels including KPI development and SLA development for the internal and external stakeholder relationships;

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.

• 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.

Continuous Improvement:

• 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 ensurenthe reconciliation processes remain cutting-edge.Note: The functions and responsibilities initially assigned to the position are based on the current organisational requirements and may be changed from time to time. The person appointed requires the flexibility to fulfil other roles and responsibilities at a similar level within the Authority.Qualifications and Experience:Essential:

• 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 leader of a group.

Desirable:· Experience in ticketing, licensing, or similar revenue channels.· Have 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 Valuefor Money principles.

Expected salary:

Location: Southside Dublin

Job date: Thu, 30 Jan 2025 23:08:09 GMT

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