Reconciliation Officer at Mshel Homes Ltd

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
117175
Job Views
56

Job Description






Job Summary:



The Reconciliation Officer is responsible for ensuring accurate financial records by reconciling transactions, accounts, and financial data. The role involves verifying payment records, investigating discrepancies, and maintaining financial integrity to support business operations in the real estate sector.



Key Responsibilities:




  • Reconcile bank statements with company financial records to ensure accuracy.

  • Investigate and resolve discrepancies between bank transactions and internal records.

  • Prepare and submit reconciliation reports to management.

  • Verify and reconcile client payment records, ensuring alignment with sales agreements and property transactions.

  • Reconcile accounts payable and receivable with vendors, suppliers, and contractors.

  • Investigate missing or incorrect transactions and collaborate with relevant teams for resolution.

  • Reconcile real estate sales and lease transactions with financial records.

  • Ensure timely and accurate recording of commissions, fees, and other revenue streams.

  • Work closely with the sales and finance teams to validate payment structures and installment plans.

  • Prepare reconciliation reports for management review.

  • Ensure compliance with financial policies, accounting standards, and regulatory requirements.

  • Assist in internal and external audits by providing necessary reconciliation documents.

  • Maintain accurate records within accounting and ERP software.

  • Ensure financial data is up-to-date and aligns with company records.

  • Identify and recommend process improvements to enhance reconciliation efficiency.



Key Requirements:



Education & Experience:




  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

  • Minimum of 2-5 years of experience in reconciliation, finance, or accounting, preferably in the real estate sector.



Skills & Competencies:




  • Strong understanding of financial reconciliation processes.

  • Proficiency in accounting software (e.g., QuickBooks, Sage, Xero, or ERP systems).

  • Excellent analytical and problem-solving skills.

  • Attention to detail and high level of accuracy.

  • Strong communication and interpersonal skills.

  • Ability to work independently and meet deadlines.



Preferred Qualifications:




  • Professional certification (e.g., ICAN, ACCA) is an added advantage.

  • Experience in a real estate company or property management firm.



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