Summary
Date Posted: Wednesday, January 01 2025, Base Salary: Not Disclosed

JOB DETAILS:
Equity Bank is one of the region’s leading banks whose purpose is to transform the lives, give dignity and expand opportunities for wealth creation for the people of Africa socially and economically by offering integrated financial services that socially and economically empower consumers, businesses and communities. With a strong footprint in Uganda, Kenya, Tanzania, Rwanda, Southern Sudan and DR Congo, Equity Bank is now home to more than 15 million customers, the largest customer base in the Eastern African Region.
Currently the Bank is seeking additional talent to serve its customers: -
Supervisor, Central Monitoring
Reporting to: Manager Central Monitoring

Job Purpose
The job holder is responsible for supervising reconciliations of bank GL/accounts on a regular basis. Coordinate with various stakeholders to ensure adherence to processes and prepare status reports, supervise workload of team members and ensure timely completion of Recons.

Key Responsibilities
• Supervise the reconciliations team to ensure bank reconciliations are conducted in an efficient, timely manner to a high standard.
• Reviewing of underlying processes, reports and systems to facilitate ongoing improvement in efficiency and quality of reconciliations processes.
• Manage information flows to and from other areas of finance and the business to resolve reconciliation queries.
• Responsible for timely completion of reconciliation of all Operations GLs as per defined timelines
• Act as representative of reconciliation team for projects and change processes impacting banking and reconciliation processes.
• Development of ongoing training for all members of the bank reconciliation team to ensure suitable skill set and ongoing personal development.
• Ensure proper back up records of Reconciliation statement.
• Effective performance of prescribed responsibilities through enhancements, technical or otherwise. Resolve concerns raised by team / escalate at appropriate levels.
• Develop understanding of related processes and inter-dependability between teams, have broad understanding of underlying data structures.

Desired Knowledge, Skills & Abilities:
• Bachelor’s degree in business administration, Finance, Accounting or related fields. 5 years' overall experience in banking, of which 2 years must be in reconciliation unit
• General knowledge of Ledger, Accounting and Audit background
• Ability to prioritize & multitask successfully to ensure deadlines are met.
• Knowledge of Bank Reconciliation.
• Knowledge of general accounting practices and principles.
• Excellent work ethics and research skills coupled with the ability to handle multiple Assignments

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

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