Job Description

A Non – Bank Financial Services Company has vacancies for highly motivated individuals with high integrity and a passion to succeed for hiring as ​Accounts Reconciliation Officer

Reports To: Finance Manager

Job Purpose

1. To plan, organize and co-ordinate the branch cash requirements and ensure that the branches receive cash on time for disbursement to clients
2. To monitor Draws to ensure that all monies sent and received by branch have been correctly reported
3. Daily management and reconciliation of branches bank accounts

Key Accountabilities (Key Performance Areas)

• Sorts all daily reports from the branches (i.e. soft and hard copies)
• Confirm whether the total amount transferred to Branch previous day has been correctly recorded. Must take notice of any draws not collected by the Branch
• Ensure that any difference between the physical and theoretical cash balance has been satisfactory explained
• Analyze and reconcile closing balances with Draws Control Sheet
• Prepare a cash requirement schedule for approval; prepare draws for signing and disburse to branches
• Update draws Consolidated Disbursement Float and Consolidated Disbursement v/s Target Spread’ sheet for each branch
• Confirm refunds on Daily Cash Report with receipts and Refunds Desk at Credit Risk – Head Office
• Inform supervisor of any irregularity regarding refunds paid. E.g. Unauthorized payment
• Post approved refunds to Clients’ accounts in the company software for that purpose.
• Ensure that refunds paid and processed during the month agree with total refunds in the company software for that purpose.
• File approved refund receipts from branches
• Ensure to receive all verifiable documents supporting branch claims and file
• Collate and prepare Branches operational expense for payment
• Ensure that the petty cash schedule is ready for processing by the 2^nd of every month
• Balance petty cash at the end of the month
• Submit refunds report at the end of every
• Reconcile branches refunds schedule with consolidated position as per branches daily report
• Run Replacement Settlement reports in the  company software and reconcile branches reports
• Run loans issued reports in the company software  and reconcile branches reports

Required Skills or Experience

• Bachelors or Higher National Degree in Accounting
• 2+ years post National Service experience in accounting/finance especially in an area of branch reconciliation
• Highly detail oriented and organized in work
• Ability to meet assigned deadlines
• Excellent communication and interpersonal skills.
• Proficiency with email and Microsoft Office applications especially in excel
• Ability to understand and appreciate the usage of accounting software.