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: MANDATES, SIGNING AND/OR APPROVAL LIMITS

• Cash deposit to BOT- FN
• Cash withdrawal from BOT

MINIMUM POSITION QUALIFICATION REQUIREMENTS

• Bachelor’s degree Accounting/business/economics or any related field- RQ
• Master’s Degree- CPB/CPA/ACCA etc- AA

Experience

• Total Minimum No of Years Experience Required- 3 Years