Record to Report – Bank Reconciliation Associate

POSITION SNAPSHOT
Location: Cairo, Egypt
Company: Nestlé
Full-time

Bachelor’s degree, preferably B. Commerce or B. Admin
0-2 years’ experience in the same field.

POSITION SUMMARY

Joining Nestlé means you are joining the largest food and Beverage Company in the world.  At our very core, we are a human environment – passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. 

You will do the bank reconciliation reporting and ensuring proper treatment is applied to all entries logged in the system.

A DAY IN THE LIFE …

• • Perform daily bank reconciliations for multiple bank accounts.
  • Ensure accuracy and completeness of all bank transactions by comparing bank statements with Bank General ledger.
  • Investigate and resolve any discrepancies or variances identified during the reconciliation process.
  • Responsible for the preparation, analysis of the bank General Ledgers and ensuring clearing all pending items in a timely manner.
  • Collaborate with NBS internal teams AP/AP/Payroll & Nestle Treasury Center and Market Finance Team to obtain necessary information and resolve outstanding issues.
  • Monitor and report on outstanding items and aged reconciling items.
  • Assist in the development and implementation of process improvements to enhance efficiency and accuracy of bank reconciliation activities.
  • Assist in month-end and year-end closing activities, including providing necessary reconciliations and reports.
  • Support internal and external audits by providing requested documentation and explanations related to bank reconciliations.
  • Reporting the Balance Sheet using Consolidated Actuals Package (CACT) in the Magnitude Tool quarterly.

What will make you successful

• • 0-2 years of experience in accounting field.
  • Experience working in Cross-functional teams.
  • Strong Analytical Skills
  • Detail Oriented and Organized.
  • Strong Communication skills
  • Ability to work in a challenging environment.
  • Bilingual English & Arabic.