Reconciliation Analyst

Qualifications

• Bachelor’s Degree
  

• Business Administration/ equivalent, or any other degree with a quantitative/Mathematical bias.
  

• Total Minimum No of Years’ Experience Required - 3
  

Professional Qualifications

• Accounting
  

• Master’s Degree - Business related
  

• Review and reconcile all card and chargebacks, digital, nostro, clearing, intercompany 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 on accounts assigned and liaise with involved parties for action and ensure transactions are accurately reconciled. Process 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 daily reconciliations and weekly aging analysis returns to the Unit Manager 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 the Finance department and other stakeholders as required.
  

• Participate in the identification, reporting and control of key risks within the Operations department.