Senior Officer, Bank Reconciliation at AIICO Insurance Plc.

Job Title: Senior Officer, Bank Reconciliation

Activities

• Preparation of Bank Reconciliation schedule, review those done by other team members.
• Authorize the journals posted for adoption of bank charges and interest, raise the charges for the FCY accounts.
• To ensure adequate funding’s to paying banks through daily monitoring of balances in the bank accounts.
• Liaising with banks’ relationship officers on account operational matters escalated to me or assigned by the leadership.
• Disbursement paying banks funding directives daily.
• Stale cheques write back and reconciliation of the inter-business balance GL.
• POS dispute resolution.
• Authorize all Journals raised and posted as it relates to our different bank transfers, raise inter business settlement journals and refunds.
• Oversee the monitoring of discontinued GL’s for posting errors.
• Finalize the weekly reports (such as detailed liquidity report).
• Independent spot review of daily receipts issued by income and confirm them to inflow in the banks using the details in the receipts.
• Frequent review of the daily call over performed by confirmation team.
• Attend to queries from auditors (internal and external) as relate to bank reconciliation activities and other bank related activities with the aim of providing documentation required for the auditors to do their job satisfactorily.
• Periodic review of bank reconciliations and confirmation process and suggest improvement areas to further strengthen the process controls.
• Follows up all transactions continuously and provide updates to the management.
• Adhere to corporate standards and procedures in all reconciliation activities.

Candidate Profile

• Bachelor’s Degree in Accountancy or related fields.
• Qualifications from professional accounting bodies would be an added advantage.
• Proven work experience (4 years and above) as bank reconciliation officer reconciling multiple bank accounts with large volume of transactions.
• Experience in Treasury functions is an added advantage.
• Possess knowledge of general accounting principles and workings of the banking systems.
• Demonstrate the required skill to perform detailed work accurately and promptly too.
• Exemplify good communication skill and ability to communicate professionally with others both verbally and in writing.
• Display problem-solving skill even under stressful conditions and deadlines.
• Proficiency in Microsoft Office applications like Microsoft Word, Excel, and PowerPoint.
• Able to manage own time and that of others effectively.
• Manage and develop others in order to achieve organizational goals.

Application Instructions:

The application deadline is 4th November 2024. Therefore qualified and interested candidates should send their Resume to: [email protected] using the Job Title as the subject of the mail.