• Application Deadline:
• Position: Reconciliation Officer (Bank Settlement Accounts)



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 - 3 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Summary

• The Reconciliation Officer is responsible for reconciling bank settlement accounts, investigating discrepancies, and ensuring the accuracy of financial records.


• This role requires strong analytical skills, attention to detail, and proficiency in financial software and systems.

Key Responsibilities

• Reconcile bank settlement accounts with the bank's records, identifying and resolving discrepancies.


• Investigate and resolve discrepancies in bank settlement accounts, including errors or irregularities.


• Maintain accurate and up-to-date financial records, including ledgers and journals.


• Utilize financial software and systems to automate reconciliation processes, where possible.


• Analyze and resolve exceptions identified during the reconciliation process.


• Prepare and submit reports on reconciliation activities, including exception reports and variance analyses.


• Collaborate with other departments, including finance, accounting, and operations, to ensure seamless financial transactions.


• Manage a high volume of bank settlement accounts and reconciliations.

Performance Metrics

• Reconciliation Accuracy: Reconciliations completed accurately and on time.


• Discrepancy Resolution: Discrepancies resolved promptly and efficiently.


• Process Efficiency: Implementation of automated reconciliation processes and reduction of manual errors.

Educational Requirement

• Bachelor's degree in Accounting, Finance, Computer Science, or related field.


• Experience: Minimum 2-3 years experience in Reconciliation, Accounting, or Finance preferably in a Microfinance bank or banking environment.


• Certifications: Professional certifications such as ACCA or ICAN, are an advantage.

Other Requirements:

• Financial Software: Proficiency in financial software such as Core banking systems


• Data Analysis: Ability to analyze and manipulate large datasets using tools like; Excel


• Data visualization tools (e.g., Tableau, Power BI)


• System Integration: Knowledge of system integration and API connectivity.


• Analytical Skills: Strong analytical and problem-solving skills.


• Attention to Detail: Meticulous attention to detail and accuracy.


• Communication: Effective communication and interpersonal skills.


• Time Management: Ability to prioritize tasks and meet deadlines.