Deputy Manager - Reconciliations & Incentives

Deputy Manager - Reconciliations & Incentives
Closing Date: 30th November 2022

Job Profile
  • Calculation of incentives relating to Sales and Collection staff and advice HR on the amounts to pay
  • Analyse incentives for management information purposes and assist in the incentive scheme renewal process
  • Review of reconciliations provide by branches and the reports submitted by Zonal Operational Managers
  • Communicate lapses, improvements to the Branches and Branch Operations Unit periodically
  • Assist the Reconciliation Managers in order to ensure the overall operational excellence and effectiveness of reconciliation process
  • Compile the weekly worker remittances details shared by Branches, Department and report to Treasury Department
  • Compile quarterly worker remittances, transaction cost reimbursement and review for the accuracy, reasonability of the input shared by Branches and Departments
  • Submit worker remittance related returns to MoF and CBSL and coordinate with IAD for their audits on worker remittance
  • Review and recommend the requests on ‘transactions in difficulty’ (operation loss events) for approval
  • Advice the branches, departments on the inquiries on TIDs and involve in TID procedure revisions
  • Preparation of monthly memo to the BSC on TIDs
  • Assist in annual/quarterly financial statement preparation


Special Skills
  • Proven leadership, management and team working skills
  • Excellent interpersonal skills to deal with internal customers
  • Excellent in use of complex excel formula


Experience & Qualifications
  • Minimum of 4 years’ experience with exposure to financial modelling
  • Experience in handling similar responsibilities in a Financial Institution would be advantageous
  • Full or part professional qualification in Accounting/Finance