Reconcilliation Manager
National Bank of Commerce Ltd | Head Office NBC | Full time | Deadline: August 24, 2026
Position
Company
National Bank of Commerce Ltd
Location
Head Office NBC
Employment Type
Full time
Application Deadline
August 24, 2026
Job ID
R-15989955
NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.
Job Summary
To lead and manage the bank reconciliation function, ensuring that all bank, general ledger, suspense, clearing, digital, card, mobile money and Nostro accounts are reconciled accurately and within agreed timelines. The role ensures timely identification, escalation and resolution of reconciling items, strengthens reconciliation controls, supports audit and regulatory compliance, and provides management with reliable reconciliation reporting for effective financial and operational risk management.Job Description
Accountability: Reconciliation Operations and Control Oversight - 45%
- Lead daily, weekly and monthly reconciliation activities across assigned bank, GL, suspense, clearing, digital, card, mobile money and Nostro accounts.
- Ensure reconciliations are completed, reviewed, evidenced and attested within agreed service-level timelines.
- Oversee investigation, ageing, escalation and clearance of reconciling items, exceptions and long-outstanding balances.
- Perform quality assurance checks to confirm completeness, accuracy, segregation of duties and adherence to reconciliation standards.
- Maintain robust documentation, evidence and audit trails for all reconciliations and exception resolutions.
Accountability: Risk, Compliance and Reporting - 30%
- Ensure activities comply with regulatory requirements, Enterprise-Wide Risk Management Framework, internal policies and reconciliation procedures.
- Prepare and submit periodic reconciliation dashboards and exception reports to management, highlighting ageing, high-risk items, root causes and required actions.
- Identify process gaps, control weaknesses and recurring exceptions, and recommend sustainable process improvements.
- Support internal and external audits by providing reconciliations, schedules, explanations and action-plan updates.
- Ensure self and team remain compliant with AML, sanctions, KYC, information security and operational risk requirements.
Accountability: Stakeholder Management and Issue Resolution - 15%
- Engage branches, Head Office units, Treasury, Finance, Operations, Technology and other stakeholders to resolve reconciliation discrepancies within agreed timelines.
- Escalate high-value, unusual, aged or high-risk reconciling items through appropriate governance channels.
- Drive timely responses to reconciliation queries and ensure stakeholders understand required actions and deadlines.
- undefined
Accountability: People Management and Continuous Improvement - 10%
- Lead, coach and develop reconciliation staff by setting clear objectives, monitoring performance and supporting training needs.
- Allocate workloads to maintain continuity, manage leave plans and ensure reconciliations are not compromised during absences.
- Promote automation, standardization and simplification of reconciliation processes to improve accuracy, efficiency and control effectiveness.
Role Specification
Education requirement
- Bachelor’s degree or Advanced Diploma in Accounting, Finance, Banking, Business Administration or related field.
- Professional qualifications such as CPA, ACCA or equivalent will be an added advantage.
- At least 5 years’ experience in banking operations, finance operations, reconciliations or financial controls, including 2 years in a supervisory or management role.
Required Skills
- Strong knowledge of bank reconciliations, suspense accounts, clearing accounts, Nostro accounts, GL controls and settlement processes.
- Sound understanding of operational risk, internal controls, AML, sanctions, KYC and regulatory compliance requirements.
- Advanced analytical, investigation and problem-solving skills with strong attention to detail and accuracy.
- Ability to interpret reconciliation trends, ageing reports, exception reports and root-cause analysis.
- Proficiency in Microsoft Excel, Word and PowerPoint; knowledge of core banking, reconciliation systems.
- Strong stakeholder management, written and verbal communication skills.
- Leadership, coaching, performance management and change-management capability.
Qualifications
Business Improvement Orientation (Meets some of the requirements and would need further development), Digital familiarity (Meets all of the requirements), Enabling team success (Meets some of the requirements and would need further development), Experience in a similar environment, Higher Diplomas - Business, Commerce and Management Studies, Openness to change (Meets some of the requirements and would need further development), Operational administration (Meets some of the requirements and would need further development), Product and/or Service Knowledge (Meets some of the requirements and would need further development), Quality orientation (Meets some of the requirements and would need further development)How to approach this opportunity
Before applying for Reconcilliation Manager, review the requirements carefully, tailor your CV to the role, and follow the instructions shown in the advert before Aug 24, 2026.
- Identify 2-3 requirements from the advert and make sure they are clearly visible in your CV, cover letter, or application message.
- Prepare a short application message that mentions the exact job title and why you fit the role.
- Keep your phone and email active after applying so you do not miss interview or assessment updates.
Tailor your CV before applying
For Reconcilliation Manager at National Bank of Commerce Ltd, align your CV with the location and role context: Head Office NBC.
Questions to prepare for
Before interviewing for Reconcilliation Manager - National Bank of Commerce Ltd, Head Office NBC, prepare short answers backed by real examples from your experience.
Why do you think the Reconcilliation Manager role is a good fit for you?
Which of your skills best match this position?
Give an example of an achievement or work challenge you solved.
How would you contribute to the organization if selected?
Which requirement in this advert best matches your experience, and what proof can you share?
How do you organize your work and deliver results within deadlines?
View sample application letter Dynamic draft tailored to this job post. Edit it before sending.
Refer to the letter heading above, I am writing to apply for the Reconcilliation Manager position at National Bank of Commerce Ltd. After reviewing the advertised requirements, I believe my skills, experience, and commitment to professional results make me a strong candidate for this opportunity.
My background has prepared me to contribute effectively in nbc careers. I can bring relevant experience, strong attention to detail, and the ability to work responsibly with teams, clients, and organizational priorities. In tailoring this application, I would highlight evidence related to Business Improvement Orientation (Meets some of the requirements and would need further development), Digital familiarity (Meets all of the requiremen....
I am especially interested in this role because it gives me an opportunity to apply my strengths, support the organization objectives, and continue growing professionally while delivering reliable results.
I have attached my CV and supporting documents for your review. I would appreciate the opportunity to discuss how my qualifications match this position before the application deadline of Aug 24, 2026.
Thank you for considering my application.
Apply through the official NBC Workday careers portal.
Never pay money to secure a job or interview. Jobconnect Portal only shares job information and is not affiliated with, endorsed by, or responsible for any employer, recruiter, or third party involved in the recruitment process.
