Reconciliation Manager

Job Description

Requirements

• University degree in Business, Accounting or related discipline.
• Master's degree in Finance will be an added advantage.
• Minimum 3 years' professional experience, with at least 2 years in banking operations.
• At least 1 year of experience in reconciliation and suspense account management.
• At least 1 year in management report preparation and presentation.
• At least 1 year in analytical review.
• Excellent planning, organisation and business report writing skills.
• Ability to anticipate issues and design appropriate solutions.
• Effective business writing and professional communication skills.
• Excellent analytical and forecasting skills with strong attention to detail.
• Strong leadership skills with demonstrated competencies in championing high performance.

Responsibilities

• Coordinate the overall reconciliation function of the bank through engagement with branches, business units and central reconciliation unit for daily reversal of suspense items.
• Work with reconciliation teams in units and branches for submission of monthly suspense returns by the 7th of every month for onward submission to management.
• Develop processes, reports and systems to facilitate ongoing improvement in efficiency and quality of suspense reconciliations.
• Act as representative of the finance department for projects and change processes impacting reconciliation processes.
• Ensure proper back-up records of reconciliation returns for the bank.
• Liaise with KCB Group Central Reconciliation team for reports submission and resolution of suspense items.
• Ensure reconciliation of general suspense debit, general suspense credit and all accounts designated as other assets and liabilities.
• Ensure timely closure of internal and external audit issues relating to suspense account management.