Reconciliation Officer
Kampala , Uganda * Full-time
Interswitch
Category: Accounting and Finance
Total Positions:
Location: Kampala , Uganda
Full-time
Salary: Attractive
Posted 10 months ago
KEY DUTIES AND RESPONSIBILITIES
• 1. Transaction Reconciliation:
• Match and reconcile financial transactions between internal systems and external sources such as banks, payment processors, or clearing houses.
• Identify and investigate discrepancies in transaction records.
• 2. Data Analysis:
• Analyze large sets of financial data to identify weekly trends, anomalies, or potential errors.
• Use data analysis tools to streamline the reconciliation process and enhance accuracy.
• Maintain a list of Revenue leakages.
• 3. Documentation and Record Keeping:
• Maintain detailed records of all financial transactions and reconciliation activities.
• Prepare reports summarizing reconciliation results for management and regulatory purposes.
• 4. Issue Resolution:
• Investigate and resolve discrepancies or issues related to settlements or reconciliations promptly.
• Collaborate with internal teams, external partners, and relevant stakeholders to address and resolve discrepancies.
• 5. Compliance and Regulation:
• Stay informed about industry regulations and compliance requirements.
• Ensure that all reconciliation and settlement processes comply with regulatory standards and company policies.
• 6. Automated Reconciliation:
• Implement and utilize automated reconciliation tools and systems to improve efficiency and reduce the likelihood of errors.
• Monitor and maintain the performance of reconciliation automation processes.
• 7. Communication:
• Collaborate with different departments, including finance, operations, and technology, to ensure seamless communication and coordination.
• Provide regular updates to management regarding the status of reconciliation activities and any identified issues.
• 8. Risk Management:
• Identify and assess potential risks associated with reconciliation and settlement processes.
• Implement risk mitigation strategies and work towards minimizing operational and financial risks.
• 9. Continuous Improvement:
• Proactively identify opportunities for process improvements and efficiency gains.
• Implement best practices and recommend system enhancements to optimize reconciliation and settlement workflows.
• 10. Customer Support:
• Provide support to customers or clients regarding settlement-related queries or concerns.
• Ensure a high level of customer satisfaction by addressing issues in a timely and effective manner.
• 11. Any other duties that may be assigned from time to time
Recommended for you
QUALIFICATIONS / SKILLS
• Analytical Skills.
• Attention to Detail
• Problem-Solving
• Communication Skills:
• Regulatory Compliance Knowledge
• Team Collaboration
• Customer Focus
• Risk Management:
• ACADEMIC QUALIFICATIONS
• Minimum of Bachelor’s degree in any good discipline
• Minimum of 3 years’ experience in data analytics
HOW TO APPLY
Send your application to: hr.ug@interswitchgroup.com
Deadline: 9th November 2025
Deadline: Expired
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