Position: Reconciliation Officer
Reports to: Financial Controller
Department: Finance
Job Summary: Evaluating and recommending sound credit prospects that fit within the credit expectations in line with credit policy and procedures.
Key Responsibilities:
- Review Branch cash and ATM reconciliations.
- Timely resolution of ATM transactions and complaints.
- Carry out BOU reconciliation and share the report with the Finance management team for review on a daily basis.
- Monthly review and clearance of branch suspense accounts.
- Perform daily inter-branch reconciliations and report any exceptions to the financial controller/CFO and responsible branch. All exceptions are to be closed on the same day.
- Investigate and follow up on all outstanding items on the reconciliation statements with responsible persons and various departments.
- Perform ATM reconciliation and advise finance of payables/receivables from the vendor.
- Daily reconciliation of Nostro accounts.
- Preparation of ageing report for suspense accounts, trade payables and receivables and recommend write-offs to the financial controller for overdue items.
- Automate and develop reconciliation processes for new products and processes.
- Key contact person for audit confirmations for all interbank-related transactions.
- Perform reconciliations of the General ledger to the trial balance.
- Any other duties assigned by your supervisor.
Education.
- A Bachelor’s degree preferably in Business Administration or Accounting.
- CPA/ACCA is an added advantage
Experience.
- At least 2 years experience in Banking
Skills and competencies.
- Basic Banking knowledge
- Good mathematical skills, Analytical mind, good attention to detail, problem-solving
- Good time management skills and the ability to multi-task work under pressure
- Proficiency in computer applications
- Teamwork
- Fast Learn
Interested candidates should send their application letters together with their curriculum vitae to the Head, Human Resources at recruitment@cbu.co.ug no later than 5 pm, Friday 4th August 2023.
Disclaimer
Cairo bank Uganda is an equal opportunity employer and does not discriminate irrespective of gender, color of skin, religion, culture, education, social status, ethnic affiliation, political inclination, or nationality. For career opportunities with Cairo Bank Uganda, please send your CV and application to: recruitment@cbu.co.ug. Please be aware that Cairo Bank Uganda does not request payment at any stage of the recruitment process.
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