• Application Deadline:
• Position: Specialist - Settlement and Reconciliation EWP., Switching Platforms and NIBSS


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 7 years


• Location Lagos


• Job Field ICT / Computer 
  

Job Identification: 1585

Location: Victoria Island, Lagos

Job Category: MTN Level 2

Job Schedule: Full time

Reports To: Manager Settlement and Reconciliation

Division: MoMo Payment Service Bank

Description

• Maintain chart of accounts and general ledger unique to each individual program


• Perform bank reconciliations on a daily basis


• Review and initiate daily journal captured for merchants and partner settlement to ensure they are properly accounted for and authorized


• Capture all unresolved deposit in the mobile money system


• Perform internal transfer request for banks, partners, and merchants


• Set up scheduled and automatic liquidations of partner, merchants and banks


• Follow back-office operation to lift suspension of banks, merchants and partners to facilitate processing of their liquidations


• Ensure end-to-end follow up and closure of all reconciling items in PSB ledger account reconciliation


• Prepare sign off for all reconciled ledger accounts daily


• Advise treasury on prefunding based on reconciliation of all prefunded accounts


• Maintain confidentiality of records


• Flag identified irregular transactions or movement identified during reconciliation of accounts


• Perform periodic quality reviews of data, highlight red flags where observed


• Perform reconciliation of paid-up agent commission


• Handle banking queries raised by agents


• Ensure settlement and reconciliation audit recommendations are followed up and objectively closed


• Make recommendations on modifications for improvement to processes


• Communicate with banks, partners and merchants for any unresolved issues


• Any other duty as may be required that is in line with the nature of job and level of responsibility.

Requirements

Education:

• First Degree in any discipline, but Finance and Management related Degree is desirable


• Relevant post graduate qualification may be an added advantage.


• Fluent in English

Experience:

• 3 - 7 years’ experience in the area of specialization.


• Extensive reconciliation experience


• Strong Experience in Operations within the Fintech/Financial services environment


• Good Knowledge of Fintech fraud


• Knowledge of Fintech business processes


• Knowledge of Fintech regulatory environment


• Excellent knowledge of accounting policies and procedures


• Basic risk management skills


• Understanding of mobile money registration and liquidation procedures


• Excellent organizational skills


• Ability to transfer skills


• Experience working in a global/multinational enterprise with a good understanding emerging markets is preferred.