Purpose of the Job:
To ensure true and fair financial reports by preparing accurate reconciliation reports and following settlement of outstanding/un-reconciled items.
Main Duties that will drive the achievement of the results:
· Reconcile the various financial accounts of the Bank including payment and settlement accounts, issue
· and reserve accounts, Nostro accounts (correspondent bank accounts), other bank accounts, and stock and fixed assets accounts.
· Report un-reconciled items identified during the preparation of the reconciliation and forward them to the Manager (Manager, Reconciliation and Cheque Clearance) for resolution.
· Follow up the settlement of all outstanding items on reconciliation statements, inter-branch, and Any Branch Banking (ABB) accounts through communication with responsible persons and various units of the Bank.
· Collect and file all necessary supporting documents required to backup the reconciliation
Qualification and experience:
Education: Bachelor’s degree in accounting and/or Finance
Experience: Two (2) years of relevant experience
Professional Qualification: N/A
Specialized Knowledge: Understanding of the Banking sector and principles of accounting practice.
Competencies:
· Technical/Professional Knowledge and Skills
· Managing Work (includes Time Management)
· Building Trust
· Applied Learning
· Contributing to Team Success
· Building Customer Loyalty