To ensure proper monitoring and control of the bank General Ledger and branch suspense accounts by advising and supporting branches in a timely and accurate manner in all reconciliation matters in order to minimize risks.
Main Responsibilities:
- Keep safe all reconciliation documents to ensure there is an audit trail.
- Reconcile HQ and branch suspense accounts on daily basis and share report to stakeholders for further action when assigned.
- Identifying, investigating, documenting and resolving reconciliation items on timely basis.
- Ensure that all reconciled items are appropriately aged.
- Escalate and report unresolved process issues and long outstanding reconciling items timely.
- Reconcile Suspense account – GEPG merchants on daily basis and share report to stakeholders. for further action as assigned by Manager, Card reconciliations.
- Reconcile Visa, MasterCard and Union-Pay International (UPI) ATM Clearing GLs and share report to stakeholders for further action as assigned by Manager, Card Reconciliation.
- Compilation of daily reconciliation reports and summarizing the same for easy review of the reports by Manager, Card reconciliations.
- Participate in the automation of cards accounts and other suspense accounts
- Support and advise the branches, other team members on areas that require expertise and experience.
- Share knowledge and best practices with colleagues within the team.
- Perform any other duty as assigned by Manager; Card Reconciliation
Knowledge and Skills:
- Business understanding of the interaction between Banking Operations and financial management.
- Financial reporting, Accounting, Adaptability and Innovation
Qualifications and Experience:
- Bachelor’s degree in Accounting, Business Administration, Economics, Finance, or related fields.
- Minimum of 1 year experience in reconciliation or card settlement is desirable preferably in banking industry.
