• Application Deadline:
• Position: Bank Reconciliator (Accounting Background)



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 - 3 years



• Location Lagos




• Job Field Banking 
  
  

Scope of Role

• Daily reconciliation of all regional bank collection accounts and HO.


• Daily reconciliation of POS transactions across five regions collection account and HO.


• Monitoring of inter-regional and head office fund transfers.


• Investigation and resolution of discrepancies.


• Preparation of reconciliation reports and variance analysis.


• Daily reporting of all reconciles and unreconciled item to the Head Regional Accounts Manager

Key Responsibilities

Daily Bank Reconciliation (All Regions/HO):

• Download and review daily bank statements for all collection accounts.


• Match bank transactions against General Leager, collection accounts and ERP system postings


• Identify and classify reconciling items including, unmatched credits and debits, Bank charges and interest and direct debits and standing orders like daily sweep.


• Prepare and post approved journal entries for bank-related adjustments.


• Maintain updated reconciliation schedules for each region.


• Ensure reconciling items are cleared within agreed timelines.


• Escalate unposted customers payment to the RAM and Head Regional Account Manager.


• Escalate and reconcile double posting in the customer’s account.


• Daily follow-up on outstanding payments from customers.

POS Transaction Reconciliation (Five Regions/HO):

• Obtain daily POS sales reports from all regional collection accounts.


• Download settlement reports from banks and payment service providers.


• Reconcile POS collection accounts, settlement reports and Settlement report vs bank credits


• Identify and investigate Failed transactions, chargebacks, reversals, short or delayed settlements and merchant service charges.


• Maintain POS variance tracking reports per region.


• Liaise with banks and service providers to resolve discrepancies.


• Monitor transfers between regional accounts and head office accounts.


• Confirm transfer out entries match corresponding transfer in entries.


• Investigate timing differences or missing transfers.


• Investigate discrepancies immediately upon identification.


• Liaise with head regional account manager, banks, and service providers.


• Maintain a discrepancy resolution log.


• Escalate unresolved issues to the head regional account manager on daily basis.

Requirements

• Candidates should possess a Bachelor's Degree with 2 - 3 years of working experience.