Assistant Manager (GL Reconciliation & Monitoring)

Assistant Manager (GL Reconciliation & Monitoring) – Union Bank of Colombo PLC

Job Overview

Position: Assistant Manager – GL Reconciliation and Monitoring
Company: Union Bank of Colombo PLC
Job Category: Banking & Insurance, Accounting & Finance, Management, Private Jobs
Job Location: Colombo District, Sri Lanka

Union Bank of Colombo PLC is seeking a motivated and detail-oriented professional to join its Finance Team as Assistant Manager – GL Reconciliation and Monitoring.

This role is responsible for ensuring the accuracy and completeness of financial records through daily, weekly, and monthly General Ledger (GL) reconciliations while identifying and resolving discrepancies in a timely manner.

Position Details

The Assistant Manager – GL Reconciliation and Monitoring will oversee assigned GL reconciliation activities, investigate reconciliation differences, maintain proper documentation, and support financial control improvements.

The ideal candidate should have experience in finance or banking, strong analytical skills, and knowledge of accounting processes, reconciliation practices, and financial controls.

Company Overview

Union Bank of Colombo PLC is a licensed commercial bank in Sri Lanka committed to providing innovative financial solutions while maintaining strong governance, operational excellence, and customer-focused services.

The bank provides a professional environment where employees can develop their careers while contributing to business growth and financial excellence.

Qualifications & Experience

• Part qualification in a professional accounting body such as CASL, ACCA, or equivalent
• Experience in the field of finance or banking
• Strong knowledge and experience in GL reconciliation and accounting processes
• Sound understanding of banking products will be an added advantage
• Experience in financial controls, reporting, and audit support will be preferred
• Proficiency in MS Excel

Key Responsibilities

• Perform timely and accurate reconciliation of assigned General Ledger (GL) accounts according to established policies and procedures
• Ensure availability of supporting documentation and proper audit trails
• Monitor, investigate, resolve, and clear reconciliation differences, exceptions, and unmatched items
• Escalate significant aged items, control breaches, and unresolved issues to management with recommended corrective actions
• Prepare reconciliation status reports, aging analyses, and exception reports
• Ensure timely follow-up and closure of outstanding reconciliation items
• Coordinate with branches, business units, Operations, IT, Risk, and Finance teams to resolve complex reconciliation issues
• Ensure compliance with internal policies, accounting standards, regulatory requirements, and audit recommendations
• Support implementation and monitoring of key controls to strengthen GL accuracy and integrity
• Identify process gaps and recommend control improvements and automation opportunities
• Assist with internal and external audit reviews, regulatory examinations, and management reporting requirements
• Support the development and periodic review of reconciliation policies, procedures, and governance frameworks

Required Skills

• Strong analytical and problem-solving abilities
• Excellent attention to detail and accuracy
• Good understanding of accounting and reconciliation processes
• Strong communication and interpersonal skills
• Ability to coordinate with multiple stakeholders
• Process improvement and automation mindset
• Good knowledge of financial systems and reporting practices
• Ability to work under deadlines and manage multiple priorities

Salary & Benefits

• Attractive remuneration package based on qualifications and experience
• Staff loan facilities at concessionary rates
• Excellent career development opportunities
• Opportunity to work with a leading commercial bank in Sri Lanka

How to Apply

Interested candidates who meet the required qualifications should submit their CVs via the Union Bank Job Portal on or before 20 August 2026.

Applicants should include names of two non-related referees and mention “Assistant Manager – GL Reconciliation and Monitoring” in the subject line.

Important Notes

• Position available at Union Bank of Colombo PLC, Colombo District, Sri Lanka
• Candidates with finance, banking, and GL reconciliation experience will be preferred
• Only shortlisted candidates will be contacted
• All applications will be treated with strict confidentiality
• Union Bank of Colombo PLC is an equal opportunity employer
• Job Category: Banking & Insurance, Accounting & Finance, Management, Private Jobs