Career Opportunity with Zanaco Awaits

Zambia National Commercial Bank Plc (Zanaco) is inviting applications from suitably qualified and experienced individuals for the following job aimed at contributing to the Bank’s strategic vision, in the Operations Division under the Governance & Controls Department at Head Off­ice: –

RECONCILIATION ANALYST (2 YEAR FIXED TERM CONTRACT) X2

JOB PURPOSE

This function is responsible for preparing the reconciliation of the General Ledger Accounts to ensure adherence to the Suspense Accounts Policy.

Under the supervision of the Reconciliation Senior Specialist, the following are among the Job Key Responsibilities:

• Preparation of daily reconciliations
• Examine and review the list of outstanding entries on the GL accounts
• Preparation of reports
• Checking and submission of reconciliations to Finance and Other stakeholders
• Analysis of large sets of data using excel or any data analytics tool to ensure e­fficient and e­ffective working
• Implement eff­icient ways of completing tasks of a repetitive nature by the use of automation tools such as excel macros
• Create best-practice reports based on data mining, analysis, and visualization
• Preparation of month-end returns
• Develop, implement, and maintain analytic systems, taking complicated problems and building simple frameworks
• Preparation of the dash board for the reconciliation weekly meetings
• Examine the list of outstanding entries and investigate them
• Coordinate circulation of the outstanding entries to the relevant sections for resolution
• Carry out detailed walkthroughs and process mapping to identify significant risks and controls
• Undertake the maintenance of Enterprise Risk Management Risk Register
• Report key risk and control indicators of department/business unit
• Ensure appropriate review of the financial impact of operational incidents and root cause and business impact analysis
• Monitor, review, and communicate the impact to the risk profile of future initiatives, including new product assessments, changes to trading strategies, targeted risk reviews, and major business changes
• Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.).
• Stay abreast of current industry standards
• Develop and maintain technical knowledge of systems and data to ensure optimal use of technology
• Any other responsibilities or tasks as maybe assigned by management.

INTERNAL/EXTERNAL CONTACT

• External: Regulators, Auditors
• Internal: All Internal Business Units

QUALIFICATIONS AND EXPERIENCE

• University Degree in Finance, ACCA, CIMA, ZICA or any other relevant field
• Grade 12 Credit or above mandatory in Mathematics and English and any other three subjects
• Minimum of three (3) years’ work experience in Finance and/ or reconciliations
• Experience in banking will be an added advantage
• Good interpersonal and communication skills.

JOB CORE COMPETENCIES

• Planning and organizing skills
• Attention to detail
• Analytical skills
• Accountability
• Problem solving skills
• Driver for results
• Excellent time management skills.
• Customer service orientation
• Good interpersonal and communication skills