Reconciliation Manager Job Vacancy at DCB Bank – May 2025
Working Hours: Full-time
Company: DCB Commercial Bank Plc
Location: Tanzania
DCB Commercial Bank Plc, a fully-fledged retail and commercial bank in Tanzania, is hiring a Reconciliation Manager. With a robust network of over 9 branches, 700+ DCB Wakala Agents, and 280+ Umoja switch ATMs, DCB serves more than 3 million customers nationwide. The Reconciliation Manager will play a crucial role in ensuring accurate and timely reconciliation of financial transactions while maintaining regulatory compliance and internal controls.
Key Responsibilities:
- Manage daily, weekly, and monthly reconciliations for bank accounts, general ledger accounts, payment systems, and third-party transactions.
- Investigate and resolve discrepancies between internal records and external data sources.
- Develop and implement improved reconciliation procedures to enhance operational efficiency and mitigate risks.
- Lead, train, and supervise a team of reconciliation officers, ensuring performance targets are met.
- Work cross-functionally with IT, Finance, Compliance, and Operations to support business processes and new initiatives.
- Prepare reconciliation reports, exception summaries, and analysis for senior management.
- Provide documentation and support during internal and external audits.
- Ensure all reconciliation activities comply with banking regulations and internal risk management frameworks.
Qualifications and Experience:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Minimum of 5 years’ experience in financial reconciliation, preferably within a banking or financial services environment.
- Demonstrated leadership experience in managing teams and overseeing complex reconciliation processes.
- Strong understanding of banking operations, payment systems, and applicable regulatory frameworks.
How to Apply:
If you meet the qualifications and are ready to contribute to a high-performing financial institution, please submit:
- A detailed CV
- Photocopies of academic certificates
- Names and contact details of three referees
Quote Reference Number: DCB/FD/RM-05/2025
Email your application to: recruitment@dcb.co.tz
Deadline for Applications: 10th June 2025
Note: Only applications submitted via email will be considered. Hard copy applications will not be accepted.
Find more opportunities like this at AJIRA ONE