Manager Reconciliations job at I&M Bank Uganda | Apply Now

• Oversee daily, weekly, and monthly reconciliation of all inter-GL and inter-branch accounts to ensure accuracy and completeness of financial records.

• Investigate and resolve reconciliation differences, escalating unresolved items in a timely manner.

• Ensure all reconciling items are followed up and cleared within defined turnaround times.

• Monitor and ensure adherence to regulatory, audit, and internal policy standards in reconciliation processes.

• Liaise with IT, Finance, and Branch Operations to automate reconciliation processes and enhance accuracy and efficiency.

• Act as the primary contact for resolving transactional disputes and complaints from utility companies (e.g., power, water, telecom, URA) related to payments, settlements, or system failures.

• Work with internal teams to resolve root causes of recurring reconciliation and complaint issues.

• Prepare and submit regular reconciliation status reports and exception reports to management.

• Participate in system upgrades and UAT testing related to reconciliations and utility payments.

• Train and supervise reconciliation officers and provide technical guidance and

Financial Responsibility

• Ensure accurate and timely reconciliation of financial data across inter-GL and inter-branch accounts.

• Resolve discrepancies to maintain integrity of the bank’s financial records.

• Support accurate financial reporting and compliance with internal controls and regulatory standards.

• Prevent financial losses by identifying risks and escalating unresolved issues.

• Manage complaint resolutions with utility companies to avoid financial exposure or penalties.

• Contribute to budgeting and cost recovery by providing relevant reconciliation data.