Job vacancy Bank Reconciliation Manager

XyCareers Nigeria
Lagos, Abuja, Nigeria

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Job Type
Job Status
Full Time
05 November, 2022
Job Title

Bank Reconciliation Manager

Job Presentation


A bank reconciliation statement is a document that compares the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. Reconciling the two accounts helps identify whether accounting changes are needed. Bank reconciliations are completed at regular intervals to ensure that the company’s cash records are correct. They also help detect fraud and any cash manipulations

Responsibilities for reconciliation manager
  • Develop and maintain relationships with external and internal partners and clients
  • Monitor, track and report on performance against service level goals and benchmarks
  • Provide subject matter expertise to business-driven initiatives, internal partners, leadership or projects related to operations as necessary
  • Management of reconciliation functions for Global Reconciliation in Kuala Lumpur
  • Incorporating the best practices across sites/locations
  • Reconciliation training materials incorporation in the Custody Academy and specific training pack for new joiners in Global Reconciliation
  • Liaise with Risk & Compliance Department to ensure policies and procedures pertaining to Global Reconciliation are appropriately implemented
  • Implement the control framework that continuously assesses and mitigates operational risk in operations control
  • Ensure procedures are adequate to ensure compliance with applicable regulatory, audit and risk management requirements & policies
  • Mitigate financial/reputational risk by ensuring appropriate structure, resources, procedures and controls are developed and maintained in compliance with regulatory requirements or company policies


  • HND/B.Sc Accounting
  • Chartered or ICAN Student
  • Analytical, Good in Microsoft & Accounting Packages
  • Below 40 years
  • Resolve or escalate challenges/issues through the established proper channels
  • Test and examine internal processes in order to ensure compliance of business standards
  • Deploy team resources as appropriate to meet business goals and objectives
  • Access confidential CP information, employee data and line of business financial information
  • Establish effective controls and monitor their use to mitigate and remediate risk
  • Solid knowledge of standard desktop applications used by CMG
  • Good Experience
Valid Till
24 Nov, 2022

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