Reconciliation Officer Full-time Job

Reconciliation Officer

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 banks policy of reconciliation.

JOB DETAILS;

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.
• 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:

• Bachelors 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

Deadline: 2022-11-27 00:00:00

KCB Group is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya incorporated with effect from January 1, 2016 and all KCBs regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation, National Bank of Kenya and all associate companies. The holding company was set up to among other things to enhance the Groups capacity to access unrestricted capital and also enable investment in new ventures outside banking regulations, achieve operational and strategic autonomy for the Groups operating entities and enhance corporate governance across the Group and oversight in management of subsidiaries.