Job Description

Officer, Accountant - GL Controls

JOB SUMMARY:

Responsible for SBM Bank general ledger monitoring, Nostro and Vostro reconciliations and proposing corrective journals. Always proposing improvement measures to enhance internal controls.

KEY RESPONSIBILITIES:

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.

KEY RELATIONSHIPS:

Direct Reports to this Position

  •  None

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

 

 

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