Workatele

Operations Department,Uganda.Manager, Agency&Product Reconciliation at KCB, Kampala, Uganda

KCB

Operations Department,Uganda.Manager, Agency&Product Reconciliation at KCB, Kampala, Uganda

KCB

Full time Job

Date Posted: January 16, 2025

Application deadline:

Expired on: February 3, 2025 5:00pm

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Job description

KEY RESPONSIBILITIES: 

  • Ensure items are reconciled timely and accurately in Nostro accounts, suspense accounts, telecom agency money transfer accounts and collection accounts as per the Reconciliation Guidelines.
  • Ensure reconciliation and settlements are done on international agent money transfer accounts and card related accounts in line with agent policies and procedures as well as bank accounting procedures.
  • Oversight and management of Telecom money transfer float to and from branches and on the Bank’s OVAs.
  • Monitor and ensure exceptional items are tracked and escalated as stipulated in Reconciliation Guidelines.
  • Monitor and ensure prompt response to reconciliation related queries from other subsidiaries and branches.
  • Ensure timely presentation of end of month reports and returns where applicable to Finance and Risk Departments.
  • Participate in projects within the Department, including automation and new products.
  • Participate in the identification, control and reporting of key risk indicators with in the Operations department.

DAILY RESPONSIBILITIES: 

  • Review and verify reconciliation returns and postings of all suspense accounts held within Head Office operation’s department.
  • Oversee and guide reconciliation team so as to ensure all disputes (chargebacks) are handled and processed in a timely manner, and measures put in place to mitigate any exposures.
  • Participate in projects within the Department, including automation and new products.

Application deadline:

Expired on: February 3, 2025

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