To reconcile all suspense accounts general ledger of branches and HO operations departments, maintain respective reconciliation sheets and provide monthly reports.
KEY ACCOUNTABILITIES
Review the month-end GL balances on all suspense accounts and ensure that all are timely reconciled, tracked and settled in line with approved SOP, SLA and TAT.
Reconcile the items posted into each suspense account (debits against corresponding credits)
Seek clarification and obtain supporting documents from the respective processing team that justifies keeping outstanding items.
Coordinate with the processing team and ensure that they provide acceptable/ reasonable justification and expected settlement date for each outstanding item.
Maintain separate sheet for each account
Keep control over the aging statistics and raise settlement notifications/escalations.
Prepare summary reports for Senior Management.
Any other special tasks assigned by line manager.
Qualifications, Experiences & Technical Skills:
Strong accounting background (minimum Bachelor’s degree in business accounting)
Professional PC skills specially MS office applications
Deep financial data analysis skills
Excellent business writing and presentation skills
Deep knowledge about banking products (preferably Debit/Credit cards settlement and charge back, cash management, ATM/CDM)
