Better work, Better life

Reconciliation Officer
10/05/2019
SM
Ebene
Negotiable
31/05/2019

Our client, in the financial sector, is looking for a Reconciliation Officer

Reporting to the Manager, the successful candidate will be responsible to perform daily reconciliations & Suspense accounts and follow up on outstanding items with processing units. Reviewing end month reconciliations to ensure high quality reconciliations in the bank and detect unacceptable transactions.

Main responsibilities:
  • Confirming Bankmaster ledger and Nostro entries are updated in Intellimatch. 
  • Reconciling daily Nostro Account and other suspense accounts.
  • Preparing and broadcasting list of outstanding items in the accounts reconciled.  
  • Querying old, strange outstanding entries on accounts reconciled
  • Keeping custody of Nostro statements. 
  • Ensuring the reconciliation of Head Office Suspense Accounts.
  • Sensitizing staff on reconciliation
  • Ensuring that daily reconciliations are carried out
  • Initiating the return of unknown funds in our Nostro accounts.
  • Reconciliations completed and followed up within established turnaround times
  • Ensuring that each department is updating the Reconciliations with their comments and that proper follow up is being done within established turnaround times.
  • Initiating queries relating to unknown statement debits/credits & carry out follow-ups on queries.
  • Checking and investigating entries that have defaulted into system suspense accounts.
  • Updating senior management on quality of reconciliation and issues meriting their attention.
  • Prepare and submit month end reconciliation MI Escalate any unattended entries as per SLA
Qualification:
  • Diploma
  • A minimum of 2 years of experience as Reconciliation Officer or any similar role Applied knowledge of a variety of banking transactions.
Candidate profile:
  • Advance MS Excel knowledge.
  • Ability to complete tasks and projects in a structured manner by employing effective planning and prioritising skills.
  • General awareness of risk management practices in a financial services organisation
  • Another behaviour associated with the “Checking Details” competency is being accurate.

Would you like to apply to this job?

Log In if already registered

otherwise

Please Register

Apply With LinkedIn

Previous MonthNext Month
MonTueWedThuFriSatSun