Officer, Suspense Reconciliation Job at Stanbic IBTC Bank Plc

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Job Title: Officer, Suspense Reconciliation

Job ID: 9172

Location: Nigeria

Company: Stanbic IBTC Bank Plc (a subsidiary of Standard Bank Group)

Sector: Banking and Finance

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:

• Two years general branch banking experience

• Sound understanding of Stanbic Africa IT Systems and banking operations and procedure

Required Competencies:

• Number of PoR networks being reviewed

• Computer proficiency in Microsoft Word and Excel

• A general knowledge of the bank's accounting practices

• Integrity

How to Apply:

If you are interested in working with the organisation and your skills and capabilities match the job profile, submit your application now.

• Visit: Job Application Portal

• Scroll down and enter the "Job ID" in the field provided named "Search by Job ID"

• Click on "Search".

Officer, Suspense Reconciliation Job