Purpose
The role is responsible for ensuring timely reconciliation and reporting of assigned Bank general ledgers to provide an internal financial control that ensures bank general ledger account balances are materially accurate, accurate exception reports are approved and shared with stakeholders within SLA, and operational process gaps are corrected.
Primary Responsibilities
The Incumbent will report to the Manager-Reconciliations and will be responsible for:
Reconciling bank GLs within laid down procedures.
Branch Suspense
Nostro and Central Bank
Digital banking
Card Operations
ATMs and CDMs
Finance
Clearing
Funds Transfer
Trade finance
Following up on outstanding entries with product owners and ensure there are no outstanding items beyond specified lifespans.
Generating accurate reconciliation reports and share with stakeholders and users as per frequencies defined in the GL reconciliation process and policy.
Working with the product owners and reconciliation supervisor to onboard manual reconciliations into the new automated reconciliation system and suggest improvements to the system.
Investigating Outstanding items to determine root cause and follow up with stakeholders for closure.
Flagging and escalating any suspicious activities noted on reconciled GLs to Reconciliation supervisor.
Age Analyse and escalate outstanding items to stake holders as per predefined escalation Matrix to mitigate financial risk exposure due to long outstanding items.
Provide support in documenting and maintaining system automated reconciliation procedures.
Any other assigned duties by the supervisor
Academic Qualifications
Bachelor’s degree in business or any related field
Professional Qualification
Professional accounting certification is an added advantage, CPA, ACCA.
Work Experience
2 years and above Experience in Banking and Reconciliation
Generic Competencies
Able to demonstrate substantial relevant experience such that the tasks detailed in the job description can be carried out effectively.
Proper Understanding of Bank products.
Detailed Understanding of the Banks Operation Processes.
End to end understanding of the transaction Accounting Flows.
Risk associated with Reconciliation of the General Ledgers.
Skills & Attributes
Analytical
Proficient in Advanced Microsoft Excel
Innovation
Detail Oriented
Adaptive (Agile)
Customer Centricity
Problem solving
Communication
Teamwork
Supervisory
Apply via :
imbank.bamboohr.com
