Responsible for SBM Bank general ledger monitoring, Nostro and Vostro reconciliations and proposing corrective journals. Always proposing improvement measures to enhance internal controls.
KEY RELATIONSHIPS:
Direct Reports to this Position
Customers to this Position
- Branches and other Departments
- Internal and External auditors
KEY COMPETENCEIS AND QUALIFICATIONS:
Knowledge: Skills and Experience required for this Role
- Bachelor’s degree in a business-related course from a recognized University.
- Professional qualification in CPA/ ACCA
- Minimum 2 years banking experience
- Demonstrated understanding of the bank’s policies and procedures
- Ability to prioritize and manage time efficiently.
Competencies required for this Role
- Ability to work independently and make sound decisions.
- Adhering to principles and values
- Excellent Analytical skills
- Delivering Results and Meeting Customer Expectation Good communication skills
Internal Controls - 70%
- Monitor and reconcile general ledger balances to ascertain the balances are accurate, complete, and reliable to generate financial statements.
- Review of nostros balances both due from and due to for accuracy and completeness.
- Perform health checks on all general ledgers to ensure balances are in line with the purpose of the ledger.
- Review and coordinate all requests to open new general ledgers and updating Chart of accounts.
- Prepare journal entries for end of period closure to ensure accounting entries are posted to the period they belong.
- Analyze Stock levels and advise stakeholders promptly on stock index.
- Implement both external and internal audit recommendations.
- Continuous review of the current processes and procedures and identify gaps, recommend changes for implementation.
Revenue - 20%
- Analyze all revenue channels of the bank to detect any income leakages and ensure 100% income recovery.
- Implement control routines for all revenue affecting activities including discounts, rate adjustments, waivers, and concessions.
Customer Management - 10%
- Ensuring that both internal and external customer are attended to within reasonable time.
- Play an advisory role on matters pertaining to Internal controls and revenue assurance by engaging and influencing all stakeholders impacted by these processes.
