Job Purpose:
To minimize
operational risk through up-to-date reconciliation of Nostro and suspense
accounts and timely clearance of outstanding items.
Main Responsibilities:
·
Ensure all assigned
Nostro accounts are reconciled on daily basis with proper details of all
outstanding transaction narrated.
·
Conduct a periodic
reconciliation of assigned GL suspense and ensure proper details narrated for
outstanding entries.
·
Follow up of timely
clearance of outstanding transactions within 7 days.
·
Ensure reconciliation
statements are countersigned by supervisors.
·
Produce periodical
reports to the management on status of reconciliations.
·
Verify the genuineness
of outstanding transactions by requesting copies of vouchers of relative large
amounts.
·
Monitor movements for
assigned GL suspense accounts and request clarifications from originator of
transaction.
·
Any other duties that
may be assigned from time to time by your supervisor.
·
Maintenance of Bank
assets register for assigned categories and ensuring balances agree with GL.
Qualifications and
Experience:
The position requires
the following minimum qualifications:
·
Minimum University
Degree in Business/Accounting or related fields
·
Master’s Degree in
business related fields will be added advantage
·
One (1) years’
experience in Finance / Reconciliations.
If you meet the
conditions and requirements for the above positions, you are encouraged to
forward your CV by 5th February, 2016. Applications should be
submitted electronically to kcbjobs@tz.kcbbankgroup.com.
To be considered your
application must be received by Feb. 5, 2016.