bank reconciliation clerk

2 weeks ago


Durban, KwaZulu-Natal, South Africa Al Baraka Bank Full time R40 000 - R60 000 per year

KEY PERFORMANCE AREAS

Bank Reconciliation

  • Runs an extract of all iMal Transactions for each branch, and then inputs the information into a cash book.
  • Ensures all branch iMal entries tie up to the bank statement and all allocations are correct.
  • Provides all reconciliations to external auditors upon request and attends to their queries.

ABG Bank limits

  • Updates information on Cash balances and interbank placements for ABG reporting by the 6th of each month.

lntersystem Reconciliation

  • Ensures iMal Branch Automation system is linked to the Debit Card systems. This is done to ensure the branches are capturing entries on both systems.

SWIFT messages

  • Verification of SWIFT messages when required by the Treasurer.

Monitoring

  • Monitors bank charges and interest throughout all bank accounts
  • Prepares a schedule regarding bank charges and interest on a monthly basis which ties up to PowerBI.

Month end schedules

  • Prepares month end recons and working papers for review.
  • Ensures all outstanding items are raised with branches/ departments and resolved.

General

  • Any ad hoc duties required
  • Assistance in projects when required

QUALIFICATIONS

  • A BCom degree or Relevant Qualification in Finance / Accounting will be required in order to meet the requirements of the role at the highest level of competence.

EXPERIENCE

A minimum of 2-3 years of experience in banking, with at least 1-2 years prior experience in reconciling of cash and cash equivalents.

KNOWLEDGE

  • Microsoft Office
  • iMal
  • PowerBI


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