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Stanbic Bank
On-site

Officer, Digital Reconciliations

Stanbic Bank

Kampala Posted 23/02/2026

Category

Business

Hours

Full Time

Deadline

06/03/2026

Job Description

To reconcile suspense accounts or match entries / records across accounts / records and take required action that will achieve an outcome where "open" / unmatched items are correctly resolved and reported on in the general ledger within defined turnaround times (TATs). To contribute to the process of improving, automating, digitising and/or eliminating reconciliations.

Key Responsibilities & Tasks

  • Adhere to Financial hygiene practices by ensuring data used for reconciliation is complete (relevant if reconciliation is performed in tool that sits outside database containing master records).
  • Continuously maintain an understanding of policies, processes, procedures and systems and review said to ensure all reconciliations are aligned accordingly and with the view to find better ways to execute tasks, improve systems, improve training material, improve functional performance and to influence Group Standards.
  • Define and agree the periods for which substantiation records must be produced and agree on the layout for such record and other information to be provided.  A good substantiation record would contain the Balance(s) of the suspense account or records being reconciled per the official record(s), volumes, values and age of open / unmatched items, grouping by reason of open / unmatched items, specific commentary pertaining to unusual items and items that are outside of the agreed turnaround times.
  • Reconcile entries / records through matching in a suspense account or between accounts / records (e.g. across accounts in different legal entities or account to bank statement recon) in order to ensure sound financial control.
  • Execute reconciliation activities in line with the agreed policies, procedures and service level agreements. Identify root cause of open / unmatched items and taking appropriate action that will result in resolution of items within defined timelines - e.g. contacting parties to make a payment in order to close out on an open debtor or credit note record.
  • Measure, monitor and report on service delivery metrics and performance against agreed standards to ensure effective delivery to clients as per the service level agreements.

Requirements, Qualifications and Competences

  • First Degree Finance and Accounting or related from a recognised Institution
  • Atleast 2 years experience as a Reconciliation Officer or any similar role would be required.
  • Advanced data analysis and ability to apply concepts, and practices for analysing financial control processes,
  • Product knowledge and understanding of payment instruments and eco-systems.
  • Knowledge of financial accounting principles, classifying, measuring and recording transactions using the financial systems of the Bank.
  • Able to design control measures and checks in accounting and financial processing activities to mitigate risks of errors, omissions and fraud.
  • Data Management (Trading, Transacting)
  • Financial Accounting
  • Financial and Accounting Control
  • Financial Systems Administration
  • Reconciling Financial Records
  • Risk Management
  • Adopting Practical Approaches
  • Articulating Information
  • Checking Things
  • Documenting Facts
  • Examining Information
  • Following Procedures
  • Interacting with People
  • Interpreting Data

About Stanbic Bank

Stanbic Bank Uganda is the leading commercial bank in Uganda and a member of the Standard Bank Group, Africas largest financial services organization. It is licensed and regulated by the Bank of Uganda. As the flagship banking arm under Stanbic Bank Holdings, the bank delivers a full spectrum of banking and financial services across personal, business, corporate and investment, and treasury operations. Driven by its purpose, Uganda is our home, we drive her growth. Stanbic Bank Uganda is committed to investing in local communities, nurturing enterprises, and supporting national development goals. With robust digital banking platforms, innovative financial solutions, and deep sector expertise, the bank aims to be the preferred banking partner for individuals, SMEs, large corporations, and institutional clients alike.

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Job Overview

Status Active
Category Business
Location Kampala
Job Type On-site

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