• Application Deadline:
• Position: Reconciliation and Settlement Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Responsibilities

• Manage processing and settlement of financial transactions initiated from various payment platforms.


• Ensure accurate and timely reconciliation and settlement of financial transactions within the organization.


• Perform interbank card transaction settlements.


• Reconcile accounts for exceptions and subsequent escalations of exception daily to the switch or third parties for resolution.


• Execute chargebacks and dispute resolutions of local and international transactions.


• Prepare and submit report of the accounts to the Chief Financial Officer on a daily, weekly, and monthly basis.


• Analyse data, identify errors or discrepancies and implement corrective actions to maintain financial integrity and compliance.


• Support Fraud mitigation and monitoring by reporting suspicious transactions to Security team.

Requirements

• B.Sc in Accounting or a related field.


• Previous work experience as a financial officer or settlement and reconciliation officer.


• Previous experience working in the payment solution field.


• Solid familiarity with Fintech processes.


• Highly proficient in Excel and basic SQL knowledge.


• Basic knowledge of IFRS.


• In-depth knowledge of payment processing – gateways, core banking etc.


• Teamwork and self starter attribute to be able to influence and direct the settlement and reconciliation process.


• Experience with electronic payment systems.


• Excellent knowledge of accounting policies and procedures.


• Extensive reconciliation experience and knowledge.