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Reconciliation Officer

KCB BANK logo KCB BANK
Dar es Salaam, Tanzania More jobs in Dar es Salaam, Tanzania • Accountancy, Banking and Finance in Dar es Salaam, Tanzania • Business, Consulting and Management in Dar es Salaam, Tanzania • Information Technology in Dar es Salaam, Tanzania • Security in Dar es Salaam, Tanzania • Media and Internet in Dar es Salaam, Tanzania
Accountancy, Banking and Finance, Business, Consulting and Management, Information Technology, Security, Media and Internet
Full-Time
27th November 2022
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Job Description

Job Summary:

  • Daily reconciliation of assigned accounts.
  • Follow-up on outstanding items with the concerned units for timely resolution and ensure that suspense accounts are in line with the bank’s policy of reconciliation.

 

Key Responsibilities:

  • Fraud prevention through timely and accurate reports and reconciliation.
  • Reconciliation of all assigned suspense accounts.
  • Follow-up on outstanding transactions for immediate resolution.
  • Investigation on any unusual customer transactions.
  • Escalation on any unusual transactions or anomaly as and when detected.
  • Attend to customer queries.
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  • Preparing monthly suspense accounts returns for financial reporting purposes.

Daily Responsibilities:

  • Reconciling suspense accounts.
  • Investigating and recommending reversals and recovery of funds relating to outstanding transactions.
  • Providing feedback to customer enquiries.
  • Responsible for follow-up on outstanding items for timely resolution.

Requirements:

  • Bachelor’s degree in Banking, Finance, Accounts and Risk
  • CPA will be a value-added advantage.
  • Masters will be value-added advantage
  • 0-2 years of experience in Banking Operations
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