Job Description
Job Description
- The Finance Manager is responsible for reconciliation and settlement activities and will provide revenue assurance to the bank.
Duties and Responsibilities
- Ensure daily reconciliation and posting of all of all transactions and provide daily/weekly reconciliation and settlement reports.
- Support the E-business team in resolving settlement and reconciliation matters.
- Monitor income/fees and ensure value is promptly transferred to the bank.
- Verify the incoming and outgoing payments on e-channel accounts.
- Prepare daily and weekly report on over/under-settlement of transactions.
- Liaising regularly with various bank account officers on issues relating to direct debits, standing orders, unidentified credits and charges from time to time.
- Monitors the deduction on loan and facilities with various banks and reconciles with terms and conditions in of the offer.
- Develop and maintain business relations with payment partners.
- Liaise with the settlement bank and payment processing companies on potential under- settlement and ensure the resolution of issues identified in line with the company’s policies and procedures.
- Rendition of monthly returns and processing of associated payments for FIRS, LIRS and PFAs within seven days of deduction.
- Sending daily dashboard report to management.
Qualifications
- Bachelor’s Degree in Finance, Accounting, or a related field; MBA or professional accounting qualification (e.g., ICAN, ACCA, CPA) is highly preferred.
- 3-5 years of progressive experience in finance
- Proven track record of operational excellence in a fast-paced, growth-oriented environment.
- In-depth knowledge of financial regulations, risk management, and compliance standards in Nigeria.
- Strong analytical, decision-making, and communication skills.
- Experience in leading high-performing teams and driving organizational change.
- Proficiency in financial software; advanced Excel skills required.