Global Cash Reconciliation Specialist

Job title: Global Cash Reconciliation Specialist

Company: Wayfair


Job description: *This position will be based in our Galway office. All Galway based employees work in the office in a hybrid capacity. Employees will work in the office at least 4 days per week and have the option to work remotely 1 day per week.*Wayfair’s Global Financial Operations team is seeking a specialist to join our Global Financial Operations team. The Global Finance Operations team is responsible for all Partner/Vendor/Employee Invoice and Billing processing, Cash application, Collections and Global Payments, as well as direct customer service for our Partners, Vendors, Customers and Employees.What You’ll Do:

• As a Reconciliation specialist, you will ensure the accuracy and integrity of our financial records by detecting and correcting errors, unusual or irregular payments and ensuring up to date and accurate balance balances;
• Responsible for reconciling all unreconciled bank statements to ensure all transactions are correct and reconciled in the system.
• Reconcile incoming and outgoing transactions to identify discrepancies or issues with mis allocation.
• Investigate and resolve discrepancies between bank statement entries and SAP records.
• Work closely with treasury and finance teams to ensure timely and accurate processing of bank statements.
• Highlight and Investigate technology gaps and work with respective teams to solve.
• Maintain accurate and up-to-date records in SAP, ensuring all transactions comply with internal policies and regulatory standards.
• Drive continuous improvement opportunities to increase automated reconciliation processes and streamline the E2E process.
• Prepare and present insights, highlighting any issues or discrepancies for management review.
• Ensure bank reconciliation complies with internal controls and assist in audits by providing necessary documentation and reports.

Role Requirements:

• Bachelor’s degree in Business Administration, Finance, Accounting, Operations, or other related subject
• 1 year of reconciliation experience, logistics industry is preferred
• Intermediate to advanced Excel skills
• Strong organization and planning skills (Project Management)
• Excellent written, verbal, and presentation skills
• Meticulous attention to detail with the ability to spot inconsistencies and resolve them efficiently.
• Flexible and able to handle ad hoc issues that may arise, including quick prioritization decisions
• Previous experience in supply chain and/or freight forwarding preferred
• Previous SQL or GBQ experience preferred
• Fluent English both written and verbal
• Proven experience with SAP is preferred
• Strong knowledge of accounting principles and financial reconciliation processes.
• Strong analytical and problem-solving skills.
• Ability to collaborate effectively with cross-functional teams.
• Good communication skills, both written and verbal.

About Wayfair Inc.Wayfair is one of the world’s largest online destinations for the home. Whether you work in our global headquarters in Boston or Berlin, or in our warehouses or offices throughout the world, we’re reinventing the way people shop for their homes. Through our commitment to industry-leading technology and creative problem-solving, we are confident that Wayfair will be home to the most rewarding work of your career. If you’re looking for rapid growth, constant learning, and dynamic challenges, then you’ll find that amazing career opportunities are knocking.No matter who you are, Wayfair is a place you can call home. We’re a community of innovators, risk-takers, and trailblazers who celebrate our differences, and know that our unique perspectives make us stronger, smarter, and well-positioned for success. We value and rely on the collective voices of our employees, customers, community, and suppliers to help guide us as we build a better Wayfair – and world – for all. Every voice, every perspective matters. That’s why we’re proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, genetic information, or any other legally protected characteristic.Your personal data is processed in accordance with our Candidate Privacy Notice ( ). If you have any questions or wish to exercise your rights under applicable privacy and data protection laws, please contact us at .

Expected salary:

Location: Galway

Job date: Thu, 19 Dec 2024 02:29:11 GMT

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