Reconciliation Officer Job at Stanbic IBTC Bank Plc

[Jobrib]

Job Title: Reconciliation Officer  

Employer: Stanbic IBTC Bank Plc  

Parent Company: Standard Bank Group  

Sector: Banking and Finance  

Job ID: 11674

Location: Lagos, Nigeria

Division: Group Operations

Position Category: CIB OPS

Employment Type: Full Time – Permanent

Shift: No

Regulatory Approval: Yes

Position Description:

•   The reconciliation of all Acquiring and Issuing  transactions between foreign and local banks as well as in house accounts which are governed by the associations, namely, Visa and MasterCard  

•   Prompt reconciliation as well as skills in ensuring that there are no long outstanding items is required.

•   Reconciliation of all card transactions with relevant  reports  form card  association and internal generated reports

•   Ensure cleanliness and Integrity of all card GLs under the  coverage  of the  team through  daily review of  the  accounts

•   Maintain a culture within the Bank that emphasizes and demonstrates to all the importance of reconciliation and its corresponding effect on service excellence

•   Ensures that exceptional transactions are adequately identified and reported to the team leader on a timely basis for further actions.

•   Responsible for ensuring that existing internal controls policies on suspense accounts are strictly adhered to

•   Apply correct entries to relevant Expense or Revenue accounts daily.

•   Follow up on all unmatched and outstanding items by generating written queries to the applicable unit / branch.

•   Maintain files in a neat and orderly manner.

•   Uploading of MasterCard rate on the Postillion server.

•   Timely submission of all reconciliation report such as the Dashboard, recons reports as well as the finance monthly reports.

•   MIS reporting

Required Skills and Qualifications: First degree in Accounting or  other social sciences/ numerate  courses

Required Competencies:

•   Sound cards specific knowledge

•   Excellent use of MS Office Applications such as Microsoft Word and Microsoft Excel

•   Good verbal and written communication skills

•   Ability to remain calm under pressure, Logical and Analytical, Integrity,  Organised, Accurate and pays attention to detail

•   Ability to work well within a team, towards a shared goal

•   Ability to work under pressure, grappling with multiple tasks.

•   Creative in looking for and suggesting improvements

•   Ability to convey factual information clearly and accurately

•   Self-motivated

•   Customer service oriented

•   A general knowledge of the accounting principles

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