Accountant – Bank Reconciliations at APA Life Assurance Company Ltd

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• Obtain the bank statement for every active company bank account — including premium collection accounts, operational accounts, investment accounts, and petty cash accounts — and compare each entry against the corresponding entry in the general ledger. • Prepare a formal bank reconciliation statement for each account on a timely basis, clearly showing: opening balance per bank, closing balance per bank, outstanding deposits, outstanding cheques/payments, unexplained differences, and closing balance per ledger. • Investigate and resolve all reconciling differences within the agreed SLA. Differences that cannot be resolved within this period must be escalated to the supervisor. • Ensure that no reconciling item remains unresolved for more than 30 days without documented justification. • Post any adjusting journal entries required to bring the general ledger into agreement with the bank statement — for example, recording bank charges, reversing incorrect entries, or recognizing bank interest — after obtaining the necessary approval. • Liaise with the Accounts Payable, Accounts Receivable, and Treasury teams to clarify any transactions that appear on the bank statement but cannot be immediately identified. • Ensure all bank entries in the general ledger are coded to the correct general ledger account and accounting period. • Ensure the bank reconciliation process is carried out in strict accordance with the company’s internal control framework and financial policies. • Maintain complete, organized, and audit-ready reconciliation files for all accounts, covering the current year and the prior two years as a minimum. • Support internal and external auditors by providing reconciliation statements, working papers, and explanations of reconciling items as required. • Bachelor’s degree in Finance, Accounting, or a related field. • Accuracy & Analytical Thinking — able to identify discrepancies quickly and trace them to their source. • Persistence — follows through on outstanding items until they are fully resolved. • Integrity & Independence — operates as an objective control function, free from conflicts of interest. • Time Management — delivers reconciliations on tight daily and monthly deadlines without compromise on quality.