Khushhali Microfinance Bank Limited Latest Jobs in Islamabad: Clearing Reconciliation Officer 2026
Khushhali Microfinance Bank Limited Jobs Clearing Reconciliation Officer:
Organization: Khushhali Microfinance Bank Limited
Khushhali Microfinance Bank Limited is looking for a Clearing Reconciliation Officer.
Email your resumes to: Careers@kb.com.pk
Mention the position title in the subject.
Please note it’s a full-time position based at our Corporate Office – Gulberg Green, Islamabad.
Last Date to Apply: 28th April, 2026.
Who are we looking for?
- Preferably a Bachelor’s degree or equivalent in Finance/Accounts/Commerce or related field from an overseas / HEC recognized university.
- Preference will be given to candidates having prior banking experience in Finance and Operations. Country-level bank reconciliations-related experience will be an advantage
Key Responsibilities:
. Daily review of NIFT is completed by branches via the NIFT portal and MCB.
. Cross-reference NIFT portal transactions against branch ledgers to identify any potential errors or missing entries.
. Coordinate with branches to have missing or incorrectly recorded information corrected by the branch.
. Prepare net-off clearing position and its settlement in concern ledgers
. Coordination with SBP/NIFT for Clearing House workings.
. Review partner bank’s (MCB) statements and cross-reference them with the branch ledger.
. Identify and communicate erroneous or missing instruments to the relevant branches to correct.
. Reconcile and share Partner Bank accounts with the F&A department, including details of reconciling factors in the previous month’s activities.
. Maintain records of monthly clearing invoices/charges (NIFT & Partner Banks) for all branches.
. Verify NIFT invoices from branches and ensure payment approvals
. Share details of expenses with F&A for recording of clearing expense accrual for the respective month based on the actual expenses of the previous month.
. Ensure to provide the onthly accrual amount to F&A for recording.
. Review partner bank’s (MCB) statements and cross-reference them with the branch ledger.
. Identify and communicate erroneous or missing instruments to the relevant branches to correct.
. Reconcile and share Partner Bank accounts with the F&A department, including details of reconciling factors in the previous month’s activities.
. Ensure to escalate issues with the line manager for an update.
· Any relevant tasks assigned by the line manager.
Skills:
. Self-starter, assertive, team player, highly punctual, and able to resolve conflicts without compromising on job objectives.
· Proficient in handling branch banking operations.
. Strong interpersonal and communication skills, and able to work under pressure.
. Sound knowledge of financial transactions.
. Good time management skills
. Proficient in MS Office Suite.
. Exhibits and upholds KMBL’s values and social performance objectives.
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