Account reconciliation (Finance)
● Monitor all banking activities in order to detect irregularities
● Investigate all transactions in order to prevent fraud
● Provide feedback to the accounting department on how to improve on internal controls and also pinpoint areas where risks relating to banking transactions can be minimised
● Provide documentation for the purpose of supporting all financial transactions
● Prepare monthly bank reconciliation reports regarding all amount deposits to the banks
● Assist auditors internal and external with documentation required for the auditors to do their job satisfactorily
● Perform the reconciliation and verification of accounts regarding amount at hand and amount at bank
● Reconcile and process transactions that are complex in nature
● Maintain required files reports and data
● Reconcile and rectify all ledger accounts belonging to customers
● Reconcile accounts that fall into receivable records with the sales invoices
● Maintain constant contacts with the companys customers
● Follows up all transactions continuously and provide updates to the management