Reconciliation Analyst x2 at Zambia National Commercial Bank

Lusaka, Full Time

Zambia National Commercial Bank
Location: Zambia
State: Lusaka
Job type: Full-Time
Job category: Administrative/Secretarial Jobs in Zambia

Job Description

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 Banks strategic vision, in the Operations Division under the Governance & Controls Department at Head Off­ice:
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.


External: Regulators, Auditors
Internal: All Internal Business Units


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.


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

Method of Application
All applications must have an application/cover le‘er and detailed curriculum vitae indicating the position being applied for in the subject line and should be sent by email to no later than Monday, 12th September 2022.

Kindly note that you MUST attach copies of Grade 12 and Tertiary qualifications along with the application cover le‘er and curriculum vitae. Applications sent without these attachments WILL NOT be considered.
Zanaco provides equal opportunity in employment for all qualified persons and prohibits discrimination in employment (women are encouraged to apply).