Bank Reconciliation Officer (Level 4)

Summary

Under the direct supervision of the Assistant Revenue Accountant, the Bank Reconciliation Officer is responsible to: · Collect, reconcile and report on all Bank Statements queries and errors observed and monitor same with respective banks until a correction is made. · Prepare a monthly Bank Reconciliation Statement for each Bank Account, recording all outstanding cheques monthly. 💰Basic Salary: $4,266,270 annually.

Responsibilities

• Technical/Professional:

  • • Collect Bank Statements from all banks at which the Agency holds Revenue Accounts, e.g. Deposit – Revenue Bank Account, Credit Cards – Bank Account;
  • • Liaise with Banks and collection sites to verify lodgement/reports.
  • • Reconcile Bank Accounts and prepare Bank Reconciliation Statements.
  • • Prepare and maintain a record of outstanding and dishonoured cheques.
  • • Maintain custody of all cashed cheques and Bank Statements returned from the Banks.
  • • Maintain the cancelled cheque register.
  • • Maintaining ledger and schedule for unassigned bank deposits
  • • Liaise with Customers to resolve unreconciled transfers.
• Customer Service:

  • • Maintains customer service principles, standards and measurements.
  • • Identifies and incorporates the interests and needs of customers in business process design.
  • • Ensures critical success factors are identified and meet expectations.
• Other:

  • • Perform all other duties and functions as may be required occasionally.
  • • May be required to provide witness statements, attend court proceedings, and give evidence.
  • • Comply with Health & Safety Policies & Procedures.

Required Knowledge, Skills and Competencies

• Core:

  • • Strong judgment, analytical and problem-solving skills
  • • Strong time management and organising skills.
  • • Strong communication skills and report writing skills.
  • • Strong information and task monitoring skills.
  • • Keen attention to detail and accuracy.
  • • Ability to display high levels of confidentiality, integrity, ethics, and professionalism.
  • • Ability to communicate, interact and work effectively and cooperatively with all people, including those from diverse ethnic and educational backgrounds, ensuring good client relationships.
  • • Strong information and task-monitoring skills
  • • Ability to work under pressure.
• Technical:

  • • Comprehensive knowledge of the Agency’s business activities.
  • • Working knowledge of the Financial Audit and Administration Act.
  • • Working knowledge of relevant computer systems and their applications.
  • • Comprehensive knowledge of accounting principles and practices.
  • • Comprehensive knowledge of Bank Reconciliation practices and procedures

Preferred Qualifications

• ★ First Degree in Accounting/Public Administration/Business Management with an emphasis on Accounting
• OR
• ★ CAT Level 3/ACCA-AAT Level 3/ACCA Level 1 (completed)
• ★ At least one (1) year of related experience.

Additional Information and Instructions

📋 Special Conditions Associated with the Job: · Work will be conducted in an office outfitted with standard equipment and specialised software. · The environment is fast-paced, with ongoing interactions with critical stakeholders and meeting tight deadlines, which will result in high degrees of pressure. 📅 Applications Deadline: Tuesday, December 31, 2024 🔗 Registration link available: 📧 Need Help? Email us at helpdesk@jca.gov.jm if you experience any technical difficulties.

Share this Job