Transactional Accountant - Banking

Role Purpose

As a Bank Reconciliation & Treasury Analyst, you will play a critical role in ensuring the accuracy, integrity, and timely control of banking transactions, suspense accounts, and treasury-related activities. The role is responsible for managing bank reconciliations, suspense account clearing, cash allocation processes, financial controls, and reporting activities in line with Allianz Partners policies, accounting standards, and operational procedures.

This position offers an opportunity to leverage digital tools, automation, and AI-driven solutions to improve process efficiency, enhance financial controls, and support continuous improvement initiatives across Finance Operations.

What You Will Do

Bank Reconciliation & Cash Management

• Process and clear FEBAN transactions by allocating items to the appropriate Accounts Payable (AP) and Accounts Receivable (AR) sub-ledgers.
• Allocate incoming cash receipts to customer accounts based on remittance information and supporting documentation.
• Perform de-bulking of bulk and credit card payments and ensure timely clearing of related suspense items.
• Investigate, resolve, and clear customer account and balance sheet account exceptions related to cash receipts.
• Manage and maintain bank suspense accounts, ensuring accurate and timely resolution of outstanding items.
• Prepare and complete periodic bank reconciliations in accordance with established controls and timelines.

Financial Control & Reporting

• Prepare, post, and validate cash flow journals relating to Accounts Payable, Accounts Receivable, and inter-bank transfers.
• Perform balance sheet reconciliations for bank and bank suspense accounts, ensuring accuracy and compliance.
• Support the preparation of treasury schedules, management reporting packs, and associated month-end activities.
• Monitor reconciliations and financial data to identify discrepancies, risks, and control gaps, escalating issues where appropriate.

Stakeholder Management

• Collaborate closely with AP, AR, Treasury, and other business stakeholders to resolve outstanding transactions and maintain accurate financial records.
• Build and maintain strong professional relationships with internal and external stakeholders to facilitate effective issue resolution and service delivery.
• Provide support and guidance on banking and reconciliation-related queries.

Continuous Improvement & Digital Enablement

• Identify opportunities to streamline processes, improve controls, and reduce turnaround times through automation and standardization.
• Actively contribute to process improvement initiatives and support the implementation of new technologies and digital solutions.
• Utilize data analytics and AI-enabled tools to enhance reconciliation accuracy, improve reporting quality, and support decision-making.
• Contribute to building a culture of innovation, continuous learning, and operational excellence within the Finance function.

Additional Responsibilities

Support ad hoc finance, treasury, and reconciliation activities as required.

Participate in projects, audits, and operational initiatives aligned with departmental objectives.

What You Bring

Experience & Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, Business Administration, or a related discipline.
• Experience in bank reconciliations, treasury operations, cash management, Accounts Payable, Accounts Receivable, or Finance Operations.
• Working knowledge of ERP systems such as SAP, including banking and reconciliation modules.
• Experience working in a shared services, multinational, or financial services environment is advantageous.

Skills & Competencies

• Strong analytical and problem-solving skills with excellent attention to detail.
• Sound understanding of bank reconciliations, balance sheet controls, and financial accounting principles.
• Ability to manage competing priorities and meet deadlines in a fast-paced environment.
• Excellent stakeholder management, communication, and collaboration skills.
• Continuous improvement mindset with the ability to identify efficiency opportunities.

AI & Digital Readiness

Comfortable working with digital tools, automation technologies, and AI-enabled solutions.

Ability to analyze financial data and leverage technology to improve accuracy, efficiency, and decision-making.

Demonstrates curiosity and adaptability in learning new technologies and applying innovative solutions to business challenges.

Supports responsible and compliant use of AI and data-driven tools within Finance Operations.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.