Reconciliation Officer

Adecco is an International HR and Consultancy firm. Our client, in the banking sector, is looking for a Reconciliation Officer.

Our client, in the banking 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.

Main responsibilities:

• Reviewing end month reconciliations to ensure high quality reconciliations in the bank and detect unacceptable transactions.
• Preparing and broadcasting list of outstanding items in the accounts reconciled.
• Querying old, strange outstanding entries on accounts reconciled.
• Ensuring the reconciliation of Head Office Suspense Accounts.
• Sensitizing staff on reconciliation.
• Ensuring that daily reconciliations are carried out.
• 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.

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.