• Application Deadline: Wed, 4 Jan 2023 00:00:00 GMT
• Position: Cash Officer / Fund Transfer Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 4 years


• Location Kwara


• Job Field Finance / Accounting / Audit 
  

Job Purpose

• To effectively manage the Cash department and ensure controls of the Bank’s local and foreign cash and draft instruments are consistently adhered to.

Duties and responsibilities

• Compiles and reconciles data involving the electronic transfer of funds to maintain accounting records:


• Examines electronic funds transaction entries on documents, such as bank statements and printouts, for completeness and accuracy.


• Posts transaction data to specified accounts.


• Manages both internal and external transfers for bank customers.


• Handles inward and outward clearing instruments.


• Ensure customers' check requests are promptly processed


• Directs cash management operations to include daily cash administration and bank relations.


• Reviews and drives cash management; ensuring that the bank’s financial obligations are met


• Timely reconciles cash applications and disbursements.


• Monitors cash transactions to ensure that bank account balances and any unusual transactions are investigated.


• Forecasts, monitors and tracks cash flow (weekly, monthly, quarterly etc.).


• Prepares cash flow reports, and identifies and evaluates variances.


• Works with Financial controller to accurately forecast cash flows


• Responsible for evacuation of cash in compliance with vault and insurance limits.


• Petty Cash handling and reconciliation.


• Manage and maintain cash limits at the bank and ensure prompt expatriation of excesses


• Plan and coordinated delivery and collection of cash to and from corresponding banks

Qualifications

• Candidates should possess an HND / B.Sc in Accounting, Finance or relevant field


• Evidence of completion / exemption of/from NYSC

Experience:

• Minimum of 4 years of banking experience.


• Previous experience in a similar role or capacity


• Good communication and interpersonal skills

Skills:

• Knowledge of all regulatory policies and procedures


• Ability to recognize problems and apply Risk Management techniques to address them


• Strong planning, organizational and time management abilities


• Excellent verbal and written communication skills


• Meticulous attention to detail and accuracy.