Job Summary
The Section Head oversees the bank’s cash position and related operations, helping prevent financial losses arising from cash shortages. The role manages strong room activities, ensures accurate daily reconciliations, and coordinates cash movements with the central bank. Success in this position requires sound cash management experience, knowledge of back-office processes, and careful compliance with currency-handling guidelines.
Responsibilities
- Monitor and manage the bank’s cash positions to reduce the risk of shortages and associated losses.
- Oversee the operation and control of the strong room.
- Complete daily cash reconciliations and address discrepancies.
- Arrange and coordinate cash deliveries and repatriations with the central bank.
- Ensure cash operations follow applicable currency handling guidelines and procedures.
Qualifications
- Bachelor’s degree in Accounting, Business, Economics, or a related field.
- At least three years of experience in cash management.
- Proficiency in back-office operations.
- Knowledge of and commitment to currency handling requirements.
