JOB TITLE: TEAM LEAD RECONCILIATION

DEPARTMENT/ UNIT: OPERATIONS

REPORTS TO: HEAD OF OPERATIONS

JOB OBJECTIVE(S)

To oversee and manage daily reconciliation process within the unit while ensuring accuracy and timely resolution of discrepancies.

DUTIES & RESPONSIBILITIES

• Lead, Mentor and Manage a team of reconciliation, ensuring high performance and professional growth.
• Assign tasks and set clear objectives for the team, ensuring deadlines are met with precision.
• Foster a collaborative and positive team environment, encouraging open communication and continuous improvement.
• Oversee the daily reconciliation process for various accounts ensuring transactions are accurately matched, discrepancies are identified, reported and resolved.
• Ensure the timely completion of Daily, weekly, monthly, quarterly and annual reconciliations for financial accounts.
• Review and approve the reconciliation results and proofs prepared by team members.
• Proactively identify discrepancies, investigate the root cause, and work with internal stakeholders (e.g., Branches, Finance, Operations, IT) to resolve issues efficiently.
• Implement corrective actions to prevent recurring issues and improve reconciliation processes.
• Generate detailed reconciliation reports.
• Analyze reconciliation data to identify trends, potential risks, and opportunities for process optimization.
• Respond to Audit queries relating to reconciliation.
• Continuously evaluate and improve reconciliation processes and workflows to enhance accuracy, efficiency, and effectiveness.
• Implement best practices and ensure compliance with internal controls, regulatory requirements, and company policies.
• Train new team members on reconciliation processes, systems, and best practices.

JOB REQUIREMENTS

Education:

• First degree in any discipline/course from a reputable university.
• Relevant professional qualification in banking or accounting will be an added advantage.
• Experience: Prior experience is an added advantage.

KEY COMPETENCY REQUIREMENTS

Knowledge

• Good knowledge and understanding of banking products.
• Computer proficiency

Skill/Competencies

• Analytical/problem solving
• Excellent Customer Service Skills
• General managerial/administration
• Team player
• Ability to work under pressure
• Conflict resolution and time management.
• Problem solving skills

HOW TO APPLY

All interested staff should send their CV, application letter and copies of academic certificates to ubaugandahr@ubagroup.com addressed to;

Head of Human Capital

United Bank for Africa

Plot 2, Jinja Road

Kampala, Uganda.

Deadline for applications is 20th May 2025.