Job at KCB: Manager Central Reconciliation (Deadline: Not Specified)

Job at KCB:  Manager Central Reconciliation (Deadline: Not Specified)




Job Title Manager Central Reconciliation
Location RWANDA
Organization Name Operations Department
Department Description
Brief Description

The role reports to the Head of Operations & Logistics, and has a direct responsibility of ensuring that all the Bank’s Agency, Mobile Money, Money Transfer Services (MTS) and Central Operations Suspense accounts are reconciled in line with existing guidelines on reconciliation.

Detailed Description

·         Determine action to be taken on items outstanding in KCB Bank Rwanda Nostro accounts

·         Follow up on action to reverse items in clearing, MTS and Mobile Money suspense accounts in the bank

·         Ensure that all transactions in the bank’s referenced suspense accounts are properly aged, and any items that are non-compliant are specifically raised with the concerned department

·         Confirm that all transactions involving the In Transit account are reversed on a daily basis

·         Consolidate all suspense account returns and submission to Finance Department by the 3rd day of every month

·         Mitigate all risks that may arise from the accounts under control

·         First contact for all reconciliation matters from the branches, Head office and Group Shared Services

·         Supervise personnel working in Central Reconciliation Centre

·         Reconciliation of Western Union, MoneyGram and RIA agency accounts, including related sub-agent accounts

·         Reconciliation of the RSwitch Settlement Account

·         Reconciliation of the Mobile Money Suspense Accounts

Job Requirements

·         Bachelor’s degree in a business related field

·         Master’s Degree and/or Chartered Institute of Bankers qualification will be an added advantage

·         At least 5 years’ work experience, with 3 years in banking operations and 2 years in Reconciliation

·         Demonstrable knowledge of clearing, MTS, Mobile Money and Nostro accounts’ operations and reconciliation

·         Strong leadership skills with demonstrated competences in championing high performance management.

·         Thorough knowledge of T24 Operations

·         Demonstrated creativity and problem solving skills.

·         Strong Analytical skills

·         Excellent report writing skills

·         Knowledge and hands on experience in office automation tools.

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