Reconciliation Officer Job at KCB BANK TANZANIA

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.

Only short listed candidates will be contacted.

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