Fresher Payment & Reconciliation Officer Job Careers – FINCA Uganda Limited (MDI)

& Reconciliation Officer
Organization: FINCA
Uganda Limited (MDI) 
Duty Station: Kampala,
Reports to: Payment
& Reconciliations Supervisor
About US:
FINCA Uganda Limited
(MDI) was the first licensed micro-finance deposit taking institution in Uganda,
and part of a global network which serves over 1,000,000 clients in 22
countries. FINCA Uganda currently offers loans, savings and money transfer
services in Uganda, one of the most competitive and dynamic microfinance
markets in the world. FINCA is looking for  dynamic people to join their
team of professionals as Compensation & Benefits Officer, Customer Care
Officer and Banking Operations Supervisor. Details are highlightedas follows:
Job Summary:  The Payment & Reconciliation Officer will
ensure settlement and reconciliation of payment transactions and general
account proofing to ensure the bank receives timely and appropriate values,
while minimizing payment exposures.
Key Duties and Responsibilities: 
  • Timely settlement and reconciliation of payment transactions e.g
    ATM, Mobile money Western Union, Money Gram, etc. to ensure receipt of
    values in line with pre-defined service level agreements (SLA) and turn
    around time.
  • Independently review and proof read all internal accounts to ensure
    due diligence in operational procedures, thereby reducing exceptions and
  • Manage all clearing activities to ensure appropriate funds are
    disbursed and credited to the bank’s accounts.
  • Prepare and submit reports from collected data for management
  • Deliver prompt reconciliation of all payment transactions and
    suspense accounts, ensuring appropriate entries are passed.
  • Tasked with the reconciliation of all settlement transactions using
    the transaction/settlement reports to ensure appropriate values are
    received by the bank as at when due for all accounts under your cover.
  • Ensure daily proofing of all general ledger accounts for example
    DFCU , DTB Stanbic, Postbank, Centenary, Barclays accounts among others
    and escalate exceptions.
  • Ensure daily proofing of Money transfer reports.
  • Ensure cleanliness and integrity of all internal/GL accounts in the
    branches/Head Office entities under your coverage through the review of
    their proof of accounts.
  • Work closely with branches on end of month suspense accounts proofs
    and Nostro account proofing by the 2nd day of the next month.
  • Follow up on all unmatched and outstanding items on suspense
    accounts by generating written queries to the applicable unit/branch.
    Ensure that they are cleared with in the next two working days.
  • Ensure that the periodic reports are ready as per requirement and
    sent to the supervisor for review in time. Ensure early branch submission
    of daily Money transfer reports and prompt reporting on a weekly by 3pm
    every Monday.
  • Ensure you carry out the snap checks assigned to you within 48 hrs.
  • Partnership with other operational areas or business units. Be a
    team player; work with other units to maximize business potential of the
  • Ensure daily and timely reconciliation of mobile money and ATM

Qualifications, Skills and Experience: 
  • The applicant must hold a business-related degree with an accounting
    background, professional qualifications (CPA ACCA) will be an added
  • A minimum of two years working experience in a financial/banking
  • Strong knowledge of banking operations, products & processes.
  • Practical knowledge of financial settlement and reconciliation.
  • Practical knowledge of the Core Banking Applications.
  • Strong interpersonal skills to effectively communicate with and
    manage customer expectations (internal and external), and other
    stakeholders who impact performance.
  • Strong numeracy and analytical skills to effectively comprehend items
    on various accounts.
  • High proficiency in use of computerized applications such as
    Microsoft Excel, Word.
  • Understanding of the MDI act.
  • Good understanding of the company’s 
    Mission and Vision, Brand attributes, Brand Promise and values.
How to Apply:
All suitably
qualified and interested candidates who so wish to take up these roles  in
the aforementioned capacity are encouraged to send their applications with
detailed CVs including present position and copies of relevant
professional/academic certificates to: 
Deadline: 14th June 2018
For more of the
latest jobs, please visit http://www.theugandanjobline.comor
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