• Application Deadline:
• Position: Head, Financial Reconciliation



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 7 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Objectives

• To ensure that all qualified transactions from all channels are settled completely and accurately.


• To ensure that all bank accounts are reconciled accurately and timely


• To ensure accurate & timely recording of all financial transactions in line with company policies, rules and guidelines as well as regulatory standards.


• To ensure that management reports are produced accurately and timely


• To produce such reports as may be requested by management for the purpose of decision making


• To supervise designated staff.

Duties & Responsibilities

• Daily Transaction Completeness Check ensuring that all financial transactions qualified for settlement are settled completely


• Daily monitoring of entries in bank accounts for quick and early resolution


• Daily Validation Check to provide assurance that all settled scheme-bounded transactions were sent to relevant schemes for all acquirers.


• Collection Accounts reconciliation (NIS, FRSC collections etc.)


• Monthly reconciliation of all Domiciliary Bank Accounts; ensuring that all Domiciliary Bank account balances are reconciled to the GL each month


• Monthly Local Bank Account Reconciliation, ensuring that all local Bank account balances are reconciled to the GL each month


• Daily Agents' Accounts Monitoring and Reporting


• PayAttitude Global Ltd Accounting functions (Receivables, Payments, Asset Management etc.)


• NIP and Payarena daily reconciliation


• Responsibility for bank correspondences: managing and opening bank accounts


• Stakeholders’ Amount validation: to provide assurance that settled transaction amounts agree with what ought to be settled.


• Liaising and working with external auditors/tax auditors


• Short-Term Investment Management: Investment income computation and tracking and other treasury activities.


• Monitoring and Reporting Liquidity Position, funding of operations and investment of excess funds.


• Payrolls, staff pension and loans repayment administration the


• Tax management for PayAttitude Global Ltd: Ensuring that Tax obligations (VAT, WHT & PAYE etc.) are met within the period specified by the relevant tax laws, filling of annual returns and payment of company income Tax, preparation and submission of PAYE annual returns


• GL reviews and proofing for assigned accounts


• Fixed Asset Calculation Proofing/Reconciliation


• Preparation of Management Accounts


• Staff supervision


• Delegated tasks: Performing any other tasks as may be assigned from time to time.

KPI

• 100% accuracy and integrity of GL data and financial information.


• Timeliness of Reports


• 100% documentation

Requirements

Education Qualification:

• First Degree in Accounting or any numerate subject.


• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.

Experience:

• Have a minimum of 7 years post-NYSC cognate experience.

Key Competencies Requirements

Knowledge:

• Excellent knowledge of cost and financial accounting principles, practices and procedures.


• Working knowledge of International Financial Reporting Standards


• Knowledge of supervisory practices and principles.


• Knowledge of Card Payment industry.

Skill / Competencies:

• Demonstrate ability to cope with pressure and meet deadlines.


• High degree of accuracy.


• Deductive reasoning abilities and eye for details.


• Strong interpersonal and communication skills


• Advanced Excel user.