Summary
Date Posted: Wednesday, February 12 2025, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose Statement
The role is responsible and acts as a primary control function for all Banks products, suspense accounts reconciliation, Revenue assurance in line the Bank policy on general ledger and accounting according to International Financial Reporting Standards (IFRS) and Tax laws. Monitoring trading activity to ensure it is within a specified remit for the specified market and business unit.

Key Accountabilities (Duties and Responsibilities)
Financial 30
• Conduct daily treasury P&L reconciliations and report on the financial performance.
• Analysis and investigation of P&L discrepancies as applicable.
• Daily, monthly reconciliation of various suspense accounts
• Conduct daily P&L and positions validation for the brokerage and wealth management business.
• Prepare monthly P&L trackers per portfolio.
• Daily management reporting of the contribution of each financial markets product, valuation events, posting events and transaction to P&L.
• Liaise with Market Risk department for highlighting and reporting on P&L impact of the off-Market Rate trades, (Foreign exchange, Money Market, Fixed Income and Derivatives).
• Reconcile MTD and YTD P&L figures from product control report to the general ledger and management reports

System Assurance 30
• Understand the banks banking products accounting and tax requirements. This would enable the proper system configuration and mapping to the proper and relevant tax control accounts.
• Review of actual vs. expected revenue from various bank products and transactional revenue lines.
• Identification of potential revenue leaks in various bank processes such as incorrect or un-priced transactions, operational inefficiencies, missing transactions and uncollected revenues.
• Identify system waiver elements and design appropriate controls to plug revenue leakages.
• Preparation of monthly revenue assurance reports

Internal business processes 10
• Analysis, investigation and follow up on closure of any identified system shortcomings.
• Periodic assessment and review of systems parameter set ups and validations.

Customer 20
• Products control function MIS service standards for the bank
• Contribution towards preparation of bank Policies and Procedures as pertains to Product Control and Revenue Assurance
• Driving exceptional business performance through business partnering with the various teams involved in Calypso & T-24 on treasury related activities which will lead to an improved Net Promoter Score

Learning and growth 10
• Attain minimum training hours as set out by group HR regulation
• Pursue own development to increase personal effectiveness, acknowledging strengths and areas for development.


Job Specifications
Academic qualifications
• University Degree in Business related studies or equivalent
• Professional qualifications accreditation certification/CISA/CPA/CISA/CIFA/ CFA or its equivalent is desirable

Desired work experience
• Practical knowledge of Treasury products and systems as well as operational processes with demonstrable skills application of financial control management
• Knowledge on various bank products and tariffs
• Competence in use of Calypso, SAP and T24
• Practical experience in use of relevant MS Office applications
• Knowledge of regulatory and statutory requirements


Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified, Click here to apply.


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