Officer, Accountant - GL Controls at SBM Bank

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