Section Head - Currency Centre

JOB PURPOSE Responsible to oversee and manage cash positions in the bank and ensure no losses due to cash shortage KEY RESPONSIBILITIES: MUST NOT BE MORE THAN 10 Principle custodian of CMU cash safe and strong room. Keep records of deliveries/repatriations File all central currency unit records Lodge cash in the strong room whenever necessary. Respond to all correspondences in central currency unit Collect and take cash to and from BOT. Monitoring Cash holding limit for the unit and branches. CIT booking for the branches collection and deliveries Receive Foreign currency from branches verify and repartiation to Nairobi and branches needs. Receive Local currency from branches and Nairobi verify and deposit to BOT DAILY RESPONSIBILITIES: NOT MORE THAN 5 OF THE MOST TYPICAL Record cash on local and foreign currency registers. Confirm and sort notes into fit and unfit as required by BOT guidelines. Post vouchers for cash deliveries and repatriation. Raise vouchers for shortages and Excesses from branches. Daily reconciliation in cash and CIT accounts. Any other duties as assigned by my supervisor. CHALLENGES: GIVE ONE EXAMPLE OF THE CHALLENGES ENCOUNTERED IN THIS JOB AUTHORITIES [1] : MANDATES, SIGNING AND/OR APPROVAL LIMITS Authority Type: Impact Key [2] Currency Limit Value Authority Level [3] Cash deposit to BOT FN Cash withdrawal from BOT MINIMUM POSITION QUALIFICATION REQUIREMENTS Academic & Professional Particulars Detail Specific Field or Qualification Need Type [4] Education Bachelor’s degree Accounting/business/economics or any related field RQ Master’s Degree Professional Qualifications CPB/CPA/ACCA etc AA Experience Total Minimum No of Years Experience Required 3 Detail Minimum No of Years Need Type [5] Cash management 3 ES Back-office operations 1 DE