Reconciliation Analyst
2025-04-15T08:32:06+00:00
KCB Bank
https://www.greatugandajobs.com/jsjobsdata/data/employer/comp_1109/logo/kcb.png
ug.kcbgroup.com
FULL_TIME
kampala
Kampala
00256
Uganda
Accounting
Accounting & Finance
2025-04-23T17:00:00+00:00
Uganda
8
JOB PURPOSE:
This role exists to ensure that all card related requests are fulfilled. Making accurate decisions based upon review of chargebacks and supporting documentation for their validity; utilizing knowledge of rules and regulations in resolving chargebacks.
The role ensures that outstanding items on card, clearing, Mobile and assigned suspense accounts are fully reconciled, settled and reversals are done in a timely and accurate manner, as per the laid down procedures.
KEY RESPONSIBILITIES:
- Review and reconcile all card, clearing, mobile and other assigned suspense accounts on a daily basis and ensure that suspense items do not exceed the established timeline designated for each type of exception.
- Check outstanding entries in card, Mobile and MTS accounts assigned and liaise with involved parties for action and ensure entries for cards, mobile and MTS transactions are accurately reconciled.
- Process card related settlements and ensure timely reversal of exceptions.
- Support branches in settlement and timely resolution of queries relating to acquired transactions on their ATMs.
- Prepare and submit reconciliations to the unit manager on a daily and weekly aging analysis returns for assigned accounts.
- Participate in the analysis and review of existing reconciliation processes/procedures/guidelines in order to assess the strength of the controls and identify areas for improvement.
- Actively participate in automation initiatives geared towards improving the control environment and overall reconciliation experience.
- Participate in timely presentation of end month reports and returns where applicable to Finance department.
- Participate in the identification, reporting and control of key risks within the Operations department.
DAILY RESPONSIBILITIES:
- Daily reconciliation of suspense accounts assigned to ensure timely resolution of exceptions.
- Process card related settlements & escalate any delays noted.
- Follow up on reversals of outstanding items in all the suspense accounts in (i) above.
- Query management & ECRM case closure as per SLA.
MINIMUM POSITION QUALIFICATION REQUIREMENTS:
- A Bachelors Degree is Required.
- Professional Qualifications are an Added Advantage.
- A Masters Degree is an Added Advantage.
- Total Minimum No of 3 Years of Experience Required
Review and reconcile all card, clearing, mobile and other assigned suspense accounts on a daily basis and ensure that suspense items do not exceed the established timeline designated for each type of exception. Check outstanding entries in card, Mobile and MTS accounts assigned and liaise with involved parties for action and ensure entries for cards, mobile and MTS transactions are accurately reconciled. Process card related settlements and ensure timely reversal of exceptions. Support branches in settlement and timely resolution of queries relating to acquired transactions on their ATMs. Prepare and submit reconciliations to the unit manager on a daily and weekly aging analysis returns for assigned accounts. Participate in the analysis and review of existing reconciliation processes/procedures/guidelines in order to assess the strength of the controls and identify areas for improvement. Actively participate in automation initiatives geared towards improving the control environment and overall reconciliation experience. Participate in timely presentation of end month reports and returns where applicable to Finance department. Participate in the identification, reporting and control of key risks within the Operations department.
A Bachelors Degree is Required. Professional Qualifications are an Added Advantage. A Masters Degree is an Added Advantage. Total Minimum No of 3 Years of Experience Required
JOB-67fe1986e73d5
Vacancy title:
Reconciliation Analyst
[Type: FULL_TIME, Industry: Accounting, Category: Accounting & Finance]
Jobs at:
KCB Bank
Deadline of this Job:
Wednesday, April 23 2025
Duty Station:
kampala | Kampala | Uganda
Summary
Date Posted: Tuesday, April 15 2025, Base Salary: Not Disclosed
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JOB DETAILS:
JOB PURPOSE:
This role exists to ensure that all card related requests are fulfilled. Making accurate decisions based upon review of chargebacks and supporting documentation for their validity; utilizing knowledge of rules and regulations in resolving chargebacks.
The role ensures that outstanding items on card, clearing, Mobile and assigned suspense accounts are fully reconciled, settled and reversals are done in a timely and accurate manner, as per the laid down procedures.
KEY RESPONSIBILITIES:
- Review and reconcile all card, clearing, mobile and other assigned suspense accounts on a daily basis and ensure that suspense items do not exceed the established timeline designated for each type of exception.
- Check outstanding entries in card, Mobile and MTS accounts assigned and liaise with involved parties for action and ensure entries for cards, mobile and MTS transactions are accurately reconciled.
- Process card related settlements and ensure timely reversal of exceptions.
- Support branches in settlement and timely resolution of queries relating to acquired transactions on their ATMs.
- Prepare and submit reconciliations to the unit manager on a daily and weekly aging analysis returns for assigned accounts.
- Participate in the analysis and review of existing reconciliation processes/procedures/guidelines in order to assess the strength of the controls and identify areas for improvement.
- Actively participate in automation initiatives geared towards improving the control environment and overall reconciliation experience.
- Participate in timely presentation of end month reports and returns where applicable to Finance department.
- Participate in the identification, reporting and control of key risks within the Operations department.
DAILY RESPONSIBILITIES:
- Daily reconciliation of suspense accounts assigned to ensure timely resolution of exceptions.
- Process card related settlements & escalate any delays noted.
- Follow up on reversals of outstanding items in all the suspense accounts in (i) above.
- Query management & ECRM case closure as per SLA.
MINIMUM POSITION QUALIFICATION REQUIREMENTS:
- A Bachelors Degree is Required.
- Professional Qualifications are an Added Advantage.
- A Masters Degree is an Added Advantage.
- Total Minimum No of 3 Years of Experience Required
Work Hours: 8
Experience in Months: 36
Level of Education: bachelor degree
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