Suspense Reconsiliation Officer Job at Stanbic IBTC Bank Plc

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Job Title: Officer, Suspense Recons.  

Job ID: 12063  

Location: Lagos, Nigeria

Employer: Stanbic IBTC Bank Plc (part of Standard Bank Group)

Sector: Banking and Finance

Division: Group Operations

Position Category: Business Support

Employment Type Full Time – Permanent

Shift: No

Regulatory Approval Yes

Purpose of Job: To support the Team Leader, deliver prompt reconciliation of all suspense accounts and ensure there are no long outstanding items.

Key Accountabilities/KRA:

• Daily Review of GL balances

• Review and reconciliation of Suspense/Transit/Proxy Accounts.

•  Initiates process of investigation into unusual occurrence in the Branches/Head Office suspense accounts.

• Ensure cleanliness and Integrity of all Internal/GL accounts in the branches/Head Office entities under coverage through  the review of  their proof of accounts

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

• Ensure accurate reconciliation of Branches /Head Office Suspense accounts using Clirec.

• Follow up with Branches / Head Office entities on end of month suspense accounts proofs

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

• Prompt rendition of month end reports on Suspense accounts exceptions

• Conduct mid month surprise checks on suspense accounts.

• Review of Unclaimed balances GLs

Required Skills and Qualifications:

Personal Skills:

•Integrity

•Analytical Skills

•Organizational Skills

•Interpersonal Skills

•Good communication skills-written and verbal

•Attention to detail

•Must be a team player

Required Competencies:

Technical competencies:

•Number of PoR networks being reviewed

•Computer proficiency in Microsoft Word and Excel

•A general knowledge of the bank's accounting practices

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