About Equity Bank

Equity Bank Tanzania Limited is a commercial bank licensed by the Bank of Tanzania and a subsidiary of the larger Equity Group Holdings Limited, headquartered in Nairobi, Kenya. The bank offers a full range of financial solutions, including personal and business accounts, loans, digital banking, and investment services. Equity Group Holdings Limited operates in several African countries, including Kenya, Rwanda, South Sudan, Tanzania, Uganda, and the Democratic Republic of the Congo.

Purpose

Ensuring the accuracy, completeness, and timeliness of all reconciliations within the Bank’s financial systems. This includes bank accounts, general ledger accounts, intercompany accounts, and clearing as well as transit/suspense accounts. The role ensures compliance with internal controls, regulatory requirements, and supports operational efficiency by resolving reconciling items promptly.Post resume

Duties and Responsibilities

1. Central Bank Clearing & Nostro Accounts Reconciliations
2. General Ledger (GL) Reconciliations
3. Intercompany Accounts
4. Reporting & Compliance
5. Batch Proofing & Transaction Validation
6. Risk Management & Controls
7. Stakeholder Engagement

Competence

1. Banking Operations Background: A strong knowledge of GL systems, bank operations, and reconciliation processes is essential.
2. Analytical & Reporting Skills: Proficiency in MS Excel and financial systems (e.g., Oracle, Finacle), and an ability to reconcile and analyze data from various departments, identify unusual and/or long outstanding items, and prepare comprehensive reports is crucial.
3. Communication Skills: Excellent communication skills are needed to clearly articulate issues.
4. Teamwork & Leadership: The ability to work collaboratively with other departments and potentially manage a team.
5. Attention to Detail and Accuracy: A meticulous approach to review and verify batch/processing data and processes is paramount to prevent errors.
6. High integrity and commitment to compliance.

Education

• A bachelor’s degree in finance, Accounting, or related field from a recognised university (CPA/ACCA preferred).