Bank Reconciliation Consultant - Oracle Fusion Cloud
This role focuses on bank reconciliations using Oracle Fusion Cloud in the accounting and finance department of a financial services business based in London. You'll play a key part in ensuring accurate and timely reconciliation processes to support year end processes.
Client Details
A global organisation within the financial services industry in London.
Description
- Lead the completion and clearance of a substantial backlog of bank reconciliations across approximately 400 accounts and 90 legal entities.
- Investigate, quantify and resolve reconciling differences, including unmatched transactions, timing items, FX variances, cash pooling movements, sweep activity and intercompany balances, maintaining a robust audit trail throughout.
- Manage and reconcile SAP-to-Oracle cash sweeps and cash pooling activity, ensuring timely resolution of in-transit items between systems.
- Optimise Oracle Fusion Cloud Cash Management processes, including bank statement processing, auto-reconciliation rules, matching tolerances and exception management, to improve automation and operational efficiency.
- Coach, train and mentor the existing finance team through hands-on support and structured knowledge transfer, enabling long-term self-sufficiency.
- Provide guidance on reconciliation best practice, controls, governance, month-end processes, segregation of duties and KPI reporting.
- Develop and implement documented procedures, process maps, playbooks and governance frameworks to support a successful handover and sustainable operating model.
Profile
- Qualified Accountant (ACA, ACCA, CIMA or equivalent) or qualified by experience.
- Proven Oracle Fusion Cloud Cash Management experience, including bank reconciliation configuration and optimisation.
- Strong track record of performing and reviewing high-volume bank reconciliations in complex, multi-entity, multi-currency and international environments.
- Demonstrable experience identifying and resolving reconciliation issues efficiently and accurately, with a strong controls mindset.
- Working knowledge of bank statement formats, banking platforms and connectivity feeds.
- Strong understanding of month-end close processes, financial controls and reconciliation best practice.
- Proven ability to coach, mentor and upskill finance teams, driving knowledge transfer and process improvement.
- UK-based with the right to work in the UK.
Job Offer
- Competitive daily rate between £550 - 750, dependent on the level of experience.
- Hybrid working.
- Opportunity to travel to America.
- Potential long term opportunities.
- Temporary contract based in London.
If you're interested in this role, apply now.
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