Reconciliation Officer

Freedom24 is a trusted online broker with expertise in the US, European and Asian stock markets, registered in Cyprus, and offers a broad range of services in the financial markets.

Freedom team is a union of high qualified professionals on the market, bursting with vibrant energy and pioneer ideas. All of us are goal-oriented with a strong belief in teamwork power built on the strength of each of us. We work in a high paced environment and within cross-functional teams.

If you feel like you’re a good fit for us and we are a good fit for you, go ahead and check this position out.

• Daily reconciliation of money, trades, positions, and quotes for brokers and custodians;
• Monitoring and resolving discrepancies related to bank payments, PSPs, and reconciliation breaks;
• Maintaining registers of unsettled trades, suspense accounts, and cash in transit;
• Uploading and processing reconciliation data, bank statements, and broker/custodian reports in Tradernet and reconciliation systems;
• Managing technical, dividend, commission accrual, and common accounts;
• Preparing daily and monthly reconciliation reports, including Clients Funds Reconciliation (CFR);
• Parsing broker reports and uploading transactions to the Reconciliation Server;
• Supporting account management activities, including account setup and balance recalculations;
• Maintaining reconciliation scripts, parsers, Excel files, and process improvements;
• Collaborating with billing, treasury, securities operations, audit, and other departments to investigate and resolve reconciliation issues.

Requirements

• Completed degree in higher education (Finance / Economics);

• 2-3+ years of experience in brokerage or the banking sector would be a plus\advantage;
• Knowledge of Excel (knowledge of Power Query would be great);
• Knowledge of basic SQL queries;
• Proficiency in Russian and English at an intermediate+ level;
• Fast learner, attentive to details;
• Ability to work with large volumes of information;
• Basic knowledge of Python not necessarily but preferably.
• Experience in the Big 4 would be a plus\advantage.

Benefits

• Work in a modern office in the center of Limassol with an open-minded and professional team;
• Relocation package, including reimbursement for flights and accommodation for 1 month;
• Visa sponsorship for the employee and their family members;
• The company covers 50% of the annual cost of the health plan, which the employee can choose with any insurance company;
• 21 working days of paid vacation;
• 12 additional days off per year, provided by the company;
• Paid sick leave;
• Opportunity for remote work, by agreement with the manager, on days when there are no events or preparations for events;
• Team-building activities, corporate events, football and volleyball clubs, sports events, and challenges.