Reconciliations Officer at Standard Bank Group

Job Description

The Reconciliation Officer will be responsible for ensuring the accuracy and integrity of financial transactions, ensuring that all reconciliations related to the bank’s accounts are completed accurately and on time. This includes reconciling general ledger accounts, bank accounts, payments, settlements, and other financial records in compliance with internal controls, banking regulations, and best practices.

Qualifications

Key Requirements:

Education:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Professional certifications such as CPA, ACCA, or equivalent are a plus.

Experience:

• Minimum of 2 years of experience in reconciliation, accounting, or a related role, preferably in the banking or financial services industry.
• Experience with reconciliation software or tools.

Skills:

• Good understanding of financial systems, accounting principles, and reconciliation processes.
• Proficient in Excel and other data management tools, with strong attention to detail and accuracy.
• Good analytical, problem-solving, and organizational skills.
• Ability to work under pressure and meet deadlines.
• Strong communication skills, both written and verbal.
• Ability to work independently and as part of a team.

Additional Information

Behavioural Competencies:

• Adopting Practical Approaches
• Articulating Information
• Checking Details
• Documenting Facts
• Examining Information

Technical Competencies:

• Data Management (Trading, Transacting)
• Financial Accounting
• Financial and Accounting Control
• Financial Systems Administration
• Reconciling Financial Records