Cash Officer at Verite Microfinance Bank Ltd

Job Responsibilities

• To effectively manage the Central Cash department and ensure controls of the Bank’s local and foreign cash and draft instruments are consistently adhered to
• Manage and maintain cash limits both at Central Cash and Branches and ensure prompt expatriation of excesses
• Plan and coordinate delivery and collection of cash to and from the Central Bank
• Ensure that foreign cash held is within the set limit
• Verify that vault/reserve cash movement differences are resolved daily
• Supply cash both local and foreign with minimum delay to Branches as per SLA
• Hold in joint custody the Banks Certificates of investments (Commercial Papers, Treasury Bills or Bonds, Govt Stock) and avail same to the Bank’s auditors on demand
• Hold in joint custody keys to vault cash compartments
• Ensure accurate and timely processing and reconciliation of General Ledger accounts
• Engage with Partner Banks in cash swaps
• Evaluates daily cash levels and ensures they meet short-term operating needs and long-term project financing requirements

Qualifications & Skills

• Applicants must be holder of HND/B.Sc in any discipline
• 2 years appropriate Banking experience on operational procedures related to money market and foreign exchange
• Good communication and interpersonal skills