Bank and Inventory Reconciliation Officer at White Soul Group

Job Description

• Bank reconciliation Officer shall perform different functions in ensuring proper and accurate reconciliation of an organization’s actual bank balance with cash amounts in the ledger.

Job Duties and Responsibilities

• The duties, tasks, objectives of the bank reconciliation officers are:
• Monitor all banking activities in order to detect irregularities
• Investigate all transactions in order to prevent fraud
• Provide feedback to the accounting department on how to improve on internal controls, and also pinpoint areas where risks relating to banking transactions can be minimized
• Provide documentation for the purpose of supporting all financial transactions
• Prepare monthly bank reconciliation reports regarding all cash deposits to the bank(s)
• Assist auditors - internal and external - with documentation required for the auditors to do their job satisfactorily
• Perform the reconciliation and verification of accounts regarding cash at hand and cash at bank
• Reconcile and process transactions that are complex in nature
• Maintain required files, reports, and data
• Reconcile and rectify all ledger accounts belonging to customers
• Reconcile accounts that fall into receivable records with the sales invoices
• Maintain constant contacts with the company’s customers
• Follows up all transactions continuously and provide updates to the management
• Adhere to corporate standards and procedures in all reconciliation activities
• Improve personal skill set regarding software proficiency, financial analysis and data processing
• File all prepared accounts in a well-organized manner
• Track all inventories regularly and report to the management with the inventory records
• Reconcile discrepancies in different accounts
• Answer customers or clients questions regarding any financial issues
• Perform all other related duties as assigned to meet the needs of the organization
• Collaborate with the storekeeper regarding stocks available in the store or warehouse.

Skills and Attributes

• Degree in Accountancy and qualifications from professional accounting bodies would be an added advantage
• 4 years experience
• Possess knowledge of general accounting principles and workings of the banking systems
• Demonstrate the required skill to perform detailed work accurately and promptly too
• Exemplify good communication skill and ability to communicate professionally with others both verbally and in writing
• Display problem-solving skill even under stressful conditions and deadlines
• Proficiency in Microsoft Office applications like Microsoft Word, Excel, and PowerPoint
• Able to manage own time and that of others effectively
• Manage and develop others in order to achieve organizational goals.