Reconciliation Senior Officer

We are Alter Domus. Our name means The Other House and we're a world leading provider of integrated solutions for the alternative investment industry. We believe in being different. Here, you progress on merit, not who you know. You speak openly, whoever you're speaking to. And it's your freedom to decide which cutting-edge kind of finance professional you want to be. Join more than 5,000 fund administration, accounting, tax, loan administration and legal experts worldwide and take pride in being alternative.

Alter Domus clients include the world's leading asset managers, lenders and asset owners. We're specialists who use the most innovative technologies to create unparalleled solutions for the private equity, real assets and debt capital markets sectors. This is where standout talent advances what's possible in fund administration, corporate services, depositary services, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services.

JOB DESCRIPTION

Role Overview:

The Reconciliation Senior Officer will play a key role in overseeing the accuracy and timeliness of cash reconciliations within the North American Client Service Platform (NA CSP). The Senior Officer will manage more complex reconciliation tasks, provide guidance to Officers, and assist the Manager in optimizing reconciliation processes. This role is pivotal in ensuring the smooth transition of reconciliation activities to the India-based team and supporting ongoing process improvements.

Key Responsibilities:

Manage daily cash reconciliations for complex accounts, ensuring discrepancies are promptly investigated and resolved.

Review reconciliation reports to ensure accuracy and compliance with internal controls.

Serve as the first point of contact for escalations related to reconciliation issues, coordinating with the Manager for resolution when necessary.

Assist in the transition of cash reconciliation activities to the NA-based team, including providing guidance on knowledge transfer and process documentation.

Collaborate with cross-functional teams to support efficiency improvements and process standardization across the reconciliation function.

Ensure adherence to KPIs and SLAs, providing feedback to Officers and making recommendations for process enhancements.

Participate in process improvement initiatives aimed at reducing reconciliation errors and improving cycle times.

Train and mentor Officers on reconciliation processes, fostering a culture of continuous learning and improvement.

PROFILE

Bachelor's degree in finance, Accounting, Business Administration, or related fields.

3-6 years of experience in financial operations, accounting, or reconciliation.

Sound knowledge of Syndicated Loans & Structured Credit products.

Working knowledge of different Loan platforms like WSO, Sentry would be an added advantage.

Solid understanding of reconciliation processes and financial principles.

Proven experience in resolving complex reconciliation discrepancies.

Strong analytical and problem-solving skills.

Ability to train junior team members.

Proficiency in Microsoft Excel and reconciliation software.

Strong communication and stakeholder management skills.

Ability to work independently and as part of a team in a high-volume, deadline-driven environment.

These job descriptions align with the responsibilities and qualifications expected at each level while contributing to the overall reconciliation function.

Demonstrate the AD Values:

At Alter Domus we are committed to inclusion and feel strongly that inclusive teams drive brilliant performance. We are an equal opportunity employer and recognise all facets of diversity and strive to create a psychologically safe workplace where all of our people can perform to their best