Summary
Date Posted: Saturday, January 29, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
To ensure up-to-date reconciliation of suspense accounts, International money transfer agency accounts, Telecom money transfers agency accounts, Collection accounts, Card related accounts along with coordination and maintenance of the section’s records and reports.

Key Responsibilities: Must Not Be More Than 10
• Review and reconcile items in merchant’s accounts, suspense accounts, and collection accounts as per the Reconciliation Schedules.
• Review and reconcile settlement done on international agent money transfer accounts in line with agent policies and procedures as well as bank accounting procedures.
• Check activity reports, Investigate and report suspicious transactions on merchants, suspense, agency and merchant’s collection accounts.
• Monitor and ensure exceptional items are tracked and escalated as stipulated in business rules.
• Monitor and ensure prompt response to reconciliation related queries from other subsidiaries and branches.
• Participate in timely presentation of end of month reports and returns where applicable to Finance department.
• Participate in the identification and control of key risk indicators with in the Operations department.
• Handling queries regarding merchant payments
• Daily Responsibilities: Not More Than 5 Of The Most Typical
• Payment of merchants in UGX & USD via the below modes of payment:
• Creating and writing a file in Quick pay for those holding accounts with KCB
• Funds transfer for those holding accounts with other banks (RTGS).
• Prompt response to merchant’s payment queries.
• Daily review and reconciliation of International money transfer agent accounts, and all collection accounts(URA,UMEME& CENTENARY)
• Review and reconciliation of assigned suspense accounts held within HO operation’s department.

Minimum Position Qualification Requirements:
• Bachelor’s Degree - Business Administration/ equivalent, or any other degree with a quantitative/Mathematical bias.
• Professional Qualifications - Accounting
• Master’s Degree - Business related

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
To apply follow this link https://irecruitment.kcbgroup.com/OA_HTML/RF.jsp?function_id=14296&resp_id=23350&resp_appl_id=800&security_group_id=0&lang_code=US&params=XCewOx4aCb1Ks9DI2Iu40oRJNJtveNANAbG0w109ZhzA7bfVMYPI.Q.WMHdftSLU&oas=_Zbi-APauk1hlQF5Ccd-og 

All Jobs

QUICK ALERT SUBSCRIPTION