Equity Bank Jobs: Reconciliation and Settlement Manager

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Equity Bank is one of the region’s leading Bank whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities.

With a strong footprint in Kenya, Uganda and Southern Sudan, Equity Bank is now home to more than 4.1 million customers, the largest customer base in the Eastern African Region.

Currently the Bank is seeking additional talent to serve its customers in the roles outlined below:-

Reconciliation and Settlement Manager

The job holder will be responsible for timely and accurate reconciliation of all Visa transactions and related inter-bank/intra-bank settlements.

Candidate’s Qualifications, Knowledge and Experience
A business related degree preferably in Accounting or Finance from a recognized University
CPA(K) or ACCA qualifications
Certificates in VISA Financial Reconciliation and Clearing and Settlement
Thorough knowledge of both debit and credit card operations
Thorough knowledge of acquiring, reconciliation and settlement
Over 5 years working experience in card management of which 2 years must have been at management level in Reconciliation and Settlement
Key Responsibilities
Ensure daily reconciliation of Visa transactions both nationally and internationally.
Ensure correct postings of transactions for Visa
Ensure daily reconciliation of all Visa related general ledger accounts
Ensure efficient settlement of merchant transactions on daily basis
Ensure collection of all Visa related revenues especially interchange fees
Ensure reconciliation of unclaimed outgoing Visa balances on a monthly basis and write backs of the same.
Liaise with Risk and Fraud Manager with regards to suspicious merchant transactions
Ensure timely submission of Visa Quarterly Operating Certificate
Verify the incoming and outgoing Visa reports

Desired Skills and Ability
Excellent financial analytical skills
Meticulous and keen on detail
Strong negotiation and relationship management skills.
Team player
Excellent organization & planning skills
Strong communication skills
Demonstrable time management skills and ability to work under multiple deadlines
Working knowledge of financial spreadsheet applications such as Excel
If you meet the above requirements, submit your application quoting the job you are applying for to the address below by 7th November 2009.

Please include detailed Curriculum Vitae, copies of the relevant certificates, testimonials, current pay and daytime telephone contact and email address.

All applications should be in soft and through the email indicated below.

Only short listed candidates will be contacted.

Apply to:

General Manager- HR, Training & Development
Equity Bank Ltd
P.O Box 75104-00200
Nairobi

And email to:- jobs @ equitybank.co.ke

Equity Bank is an equal opportunity employer.

We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace.