Overview
The incumbent receives cash and cheques for loan repayments and fees, issues receipts, and maintains cash records. The role involves reconciling cash on hand with daily receipt vouchers and depositing cash in bank accounts.
Key Responsibilities
- Receives cash and cheques and temporary receipt vouchers from loan clients and Loan Officers for loan repayments and fees and issues covering receipt vouchers.
- Maintains a manual and electronic cash receipt book and records all payments and receipts.
- Maintains branch bank balances to secure liquidity for disbursement cheques and takes necessary action in case of insufficient funds.
- Tallies and reconciles cash on-hand with daily receipt vouchers at close of business.
- Deposits all cash received in the branch office in its bank accounts on a daily basis.
- Follows up with banks on cleared or returned cheques and drafts memos to local banks under the supervisor's signature.
- Maintains up-to-date archiving and log register of all loan applications’ documents.
Required Experience
- Three years’ experience in cashiering or handling cash or in clerical finance work related to loan or cash administration is required.
- Good Computer skills, in addition to knowledge of Microsoft Word and Excel is required.
Qualifications
Completion of a post-secondary two-year diploma in business and office practice, business administration, accounting or other related discipline
