Officer, Reconciliation

at  Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
We are recruiting to fill the position below:

JOB DESCRIPTION

• To support the Team Leader, deliver prompt reconciliation of all accounts under review and ensure there are no long outstanding items that can lead to financial loss for the bank.
• Daily Review of GL balances, Nostro and CBN Accounts among others. Accurate matching of entries using Clirec.
• Review and reconciliation of Suspense/Transit/Proxy Accounts. Initiates process of investigation into unusual occurrence in the Branches/Head Office suspense, Nostros and CBN accounts.

QUALIFICATIONS

• Minimum of B.Sc Degree in Accounting or any other related field
• 2-3 year in banking operations
• Comprehensive knowledge of banking transaction processes

Technical Competencies:

• Computer proficiency in Microsoft Word and Excel
• Risk identification and assessment skills
• Accounting practices.

Please refer the Job description for details