Supervisor, Central Monitoring

BASIC PURPOSE:
The holder of the position is charged with the responsibility of ensuring that, proper accounting
standards and guidelines are followed without lapses and a high degree of integrity exercised for a fair
and true reporting and presentation.
MAIN DUTIES & RESPONSIBILITIES
• Consolidate monthly reconciliation reports and branch returns and follow up resolution of
outstanding issues
• Coordinate and supervise all reconciliation activities related to banking products to ensure
that they are balancing on a daily basis
• Ensure proper reconciliation of suspense accounts on a daily basis as per established
procedures and follow up all outstanding items
• Identify, investigate, and resolve imbalances between listings, sub ledgers and GL
• Keep abreast of all developments in accounting, finance and other regulations and coach
team members as appropriate
• Provide expertise during accounting system implementation and monitoring
• Provide technical support to all business units in the resolution of system imbalances and
suspense accounts balances
• Supervise and analytically identify old and irrecoverable amounts on bank reconciliation
and advise how best to resolve them
• Ensure that Relationship Supervisors - Cash adhere to policies and procedures.
• Continuous offsite review and monitoring of office general ledgers, positioning, suspense
accounts and branch reconciliations for accuracy and completeness;
• Ensure timely follow up and closure of unit Audit and compliance findings
• Ensure prompt remittance of utility partners’ funds as per respective MOUs.
• Ensure prompt preparation of BOU operations returns
• Prompt processing of inter-company transfers
• Ensure timely review of branch returns
• Follow up on income linkages.
• Ensure that daily reconciliations for ATM's are done and sent;
• Timely follow up on variances in the general ledgers.
• Ensure Adherence to MOUs with Bank’s third party partners
• Follow up & closure of unauthorized overdrawn accounts
• Follow up & closure off income GLs.
• General supervision of the unit.
QUALIFICATIONS, SKILLS AND EXPEREINCE
QUALIFICATIONS
• A degree in BBA, Accounting, B.com, Banking and finance or other related degrees;
• Part professional qualification (ACCA, CPA etc.) is an added advantage
SKILLS
• Thorough knowledge and understanding of Equity Bank Operations
• Thorough understanding of Equity Bank Policies and Procedure;
• Good in analyzing of reports and following up on issues
• Deep understanding of Equity Bank products and services;
• Proactive and quick response to customers and employees queries;
• Excellent interpersonal skills;
• Good knowledge of MS office suite
EXPERIENCE
• At least three years working experience in the bank.
If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit
your job application cover letter along with a detailed resume, copies of the relevant certificates and
testimonials in a single PDF file format, quoting the respective Job title or Ref no. in the subject field