Senior Officer – Reconciliation at Equity Bank, Dar es Salaam July 2026

Website Equity Bank

Equity Bank

Job Title: Senior Officer – Reconciliation

  • Employer: Equity Bank Tanzania Limited

  • Reports To: Manager – Central Operations

  • Function Level: Senior Officer

  • Application Deadline: August 5, 2026

Basic Purpose

To ensure timely, accurate, and complete reconciliation of all bank accounts and transactions, minimizing financial exposure and ensuring the integrity of financial records.

Main Duties and Responsibilities

  1. Perform end-to-end reconciliation of all bank accounts including General Ledger, Nostro, ATM, POS, Mobile, and other digital channels.

  2. Identify, investigate, and resolve reconciliation breaks promptly, ensuring discrepancies are cleared within defined timelines.

  3. Monitor aging of outstanding items and ensure timely escalation and resolution of long-outstanding balances.

  4. Maintain accurate reconciliation records, audit trails, and supporting documentation to ensure full audit and regulatory compliance.

  5. Ensure completeness and accuracy of financial postings across all systems through continuous reconciliation checks.

  6. Collaborate with Finance, IT, and Operations teams to resolve reconciliation issues and system mismatches.

  7. Monitor reconciliation performance metrics and provide regular reports on outstanding items and resolution status.

  8. Identify recurring reconciliation issues and implement process improvements to eliminate root causes.

  9. Drive automation of reconciliation processes to improve efficiency and reduce manual effort.

  10. Ensure adherence to internal controls, policies, and regulatory requirements governing reconciliation activities.

Knowledge, Skills, and Experience

  • Strong understanding of reconciliation processes and financial controls

  • High attention to detail and analytical capability

  • Understanding of core banking systems and financial postings

Education & Experience

  • Education: Bachelor’s Degree in Business, Finance, Banking, or a related field

  • Work Experience: Minimum 5 years in a relevant field

Key Performance Indicators (KPIs)

No. KPI Metric Definition Target
1 Reconciliation Completion % of all accounts reconciled daily as per schedule 100%
2 Break Resolution TAT % of reconciliation breaks resolved within SLA timelines ≥ 95%
3 Outstanding Items Aging % of unreconciled items outstanding beyond 30 days ≤ 2%
4 Reconciliation Accuracy % of reconciliations completed without errors > 99%
5 Financial Integrity % of balances accurately reflected post-reconciliation 100%
6 Audit Findings Number of audit/compliance issues related to reconciliation 0
7 Automation Rate % of reconciliation processes automated ≥ 70%
8 Productivity Number of accounts reconciled per officer vs benchmark ≥ 100%

How to Apply

If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your job application cover letter along with a detailed resume, copies of the relevant certificates, and testimonials in a single PDF file format, quoting the respective Job Title or Ref No. in the subject field to:

 

Email: TZRecruitment@equitybank.co.tz

Deadline: 5th August 2026

Note: Only shortlisted candidates will be contacted. Equity Bank is an equal opportunity employer.

To apply for this job email your details to TZRecruitment@equitybank.co.tz

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