Bank Reconciliation Clerk - Head Office - Durban at Al Baraka Bank South Africa

MAIN FUNCTIONS

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.