Job Title: Â Supervisor-Cash Management Operations GLs
Organisation:Â ABSA Bank
Duty Station:Â Kampala, Uganda
About the Company:
Absa Group Limited (formerly Barclays Bank UK) is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
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Key Duties and Responsibilities:
- Manage the operations for assigned general ledgers (Cash Management Operations GLs) as guided by Absa policies, ERMF and regulatory framework put forward by the Central bank.
- Work to ensure that we maintain a satisfactory control environment i.e. MCA/CE testing are done as per required frequency, CPA testing done, 4DX manager implementation happens on a weekly basis.
- Co-ordinate to ensure timely submission of Audit information requests.
- Conduct cross -functional engagements with functions that have CMO GL related issues and monitor progress. An escalation matrix may be applied in the event of non -resolution.
- Support with Internal customers information requests as prescribed with the expected business requirement.
Pursue Growth & Protect returns, 25%
- Outputs:
- Minimize Financial losses arising through Frauds/ Operational losses through daily reconciliation and management of items in exception.
- Ensure that the issues highlighted through reconciliation are followed up and closed in a timely fashion. Minimal Unjustifiable items outside business and unreconciled balances. Escalation Matrix to be used where necessary.
- No irregular balances reported.
- Leave Utilisation is adhered to thereby minimizing any impact to the business
Customer 10%
- Outputs:
- Respond to Internal customer queries within 24 hours of receipt of request.
- Introduce innovative ways to save the business time, money and resources.
- Process gaps identified and shared with the business for solutioning and strengthening the process.
- Hold periodic engagements with Cash Management Operations to drive closure of issues
Colleague: 35%
- Outputs:
- Ensure adequate training of relevant Reconciliations staff in key areas of reconciliations, controls and procedures i.e., Control environment.
- Reward & Recognition for Excellent performance
- Employee engagement demonstrated in the closure of outstanding items.
- Participate in all departmental team building events.
Risk and control: 30%
- Outputs:
- Oversight over the control environment ensuring timely actioning of items and updating of control related items.
- Escalate any items requiring intervention to the Head of Reconciliations.
- Drive the right culture around 4Dx within the team through individual commitments /actioning of items.
- Develop problem statements around Cash management GLs with agreed remedial actions / timelines to allow us effectively track on-boarding onto the Intellimatch system
- Team Lead Action; Hold weekly engagements for Intellimatch related GLs & track progress of remedial actions to bring up the auto-match rate to at least 90%
- Ensure timely implementation of corrective actions for reconciliations exceptions identified through month end reviews.
- Apply the highest standards of controls and risk management practices, behaviours and embed a positive risk and control culture.
- Demonstrate prudence, sound judgement, appropriate and timely escalations in the management of all types of risk applicable to this role
Qualifications, Skills and Experience: Â
Education
- National Diplomas and Advanced Certificates: Business, Commerce and Management Studies (Required)
How to Apply:
All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the link below.
Click Here
Deadline: 16th January 2025
For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare
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