Head, Accounts Monitoring and Investigation at First Bank

• Coordinates, manage and ensure that the Internal  Reconciliation  of E-Product operations activities comply with bank policies and standards.
• Coordinates, manage and ensure that the integrity of financial and non-financial records and applications systems as it relates to reconciliations
• Act as a review for outstanding items appearing on the reconciliation’s which are settlement of our international payments.
• Coordinates, manage and ensure that the system of internal control around banks and General Ledger reconciliation is adequate, effective and functioning properly.
• Coordinates, manage and ensure that the internal control around the department accounting activities is effective by ensuring that the financial transactions reported on the bank accounts are properly and accurately recorded appropriately.
• Coordinates, manage and ensure that the financial reports of the department activities are timely and accurate.
• Coordinates, manage and ensure that the reconciliation and clearance of all suspense and receivable/payable accounts in the general ledger are carried out properly and in a timely manner.
• Act as a review for outstanding items appearing on the reconciliation’s which are settlement of our international payments. 
• Have input in the development of underlying processes, reports and systems to facilitate ongoing improvement in efficiency and quality of reconciliations processes.
• Manage information flows to and from other areas of finance and the business to resolve reconciliation queries.
• Act as representative of reconciliation team for projects and change processes impacting banking and reconciliation processes. 

DUTIES & RESPONSIBILITIES

• Co-ordinates the schedules, activities and functions of 4 reconciliation Team Leads
• Co-ordinates the schedules and functions of the 4 reconciliation teams
• Approval, in conjunction with Head, Eproduct settlement, of large tickets corrective entries after Investigation of outstanding items(open items).
• Ensure that Reconciliation activities of E-Product operations complies with bank’s policies and standards.
• Assist the Head, E-Product Operations by proffering and implementing solutions to issues leading to outstanding items.
• Co-ordinates the preparation of the monthly consolidated provisioning on outstanding items
• Manage, train, coach, supervise and mentor Reconciliation Team Leads for effective and efficient performance
• Ensure that E-Product Operations activities and transactions are in compliance with bank policies and standards
• Approves, in conjunction with Head, E-Product settlement, the monthly consolidated provisioning on outstanding items
• Provide advisory and decision support services to the Head, E-Product Operations on Accounts
• Ensure that E-Product Operations activities and transactions are in compliance with bank policies and standards
• Proffer solutions to issues leading to outstanding items.
• Prevention of provisioning as a result of open items on reconciliations
• Ensure sound accounting on all transactions and ensure they are compliant with international   standards
• Ensure a close working relationship with all departments and colleagues, sharing information and working together to deliver a high-quality support to service users (internal and external customers)
• Ensure the preparation of source and application of funds
• Coordinate and oversee the daily matching process/ closure of open items on EPS accounts on TLM Corona
• Review the monthly EPS proof of accounts sent to E business control team
• Provide support on reconciliation of EPS GL accounts with GRU team.
• Manage switches on delay and wrong settlement reports leading to open items in the EPS GL accounts.
• Proactive charting of reconciliation process for new products

JOB REQUIREMENTS

Education

• Minimum Education:   First Degree preferably in a numerate discipline; higher degrees /MBA

Experience

• Minimum experience – 8 years