• Application Deadline:
• Position: Finance Intern


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• Job Field Finance / Accounting / Audit  , Internships / Volunteering 
  

Responsibilities

• Ensure daily processing of net settlement files of banks in line with SLA and industry standards.


• Liaise with counterparties – experience centers, supervisors, area coordinators, settlement partners in relation to daily transactions and settlements.


• Daily reconciliation of all balances and transactions on electronic settlements/payments accounts with correspondent banks to internal general ledgers and Agility platform


• Render daily and periodic reconciliation reports.


• Resolving variances and disputes identified from reconciliation


• Overseeing the use and maintenance of POS devices across all assigned centers


• Ensure that all relevant transactions are posted accurately from both an accounting and partner perspective.


• Ensure that failed settlement transactions are tracked and resolved daily


• Take ownership and respond to transaction issues, queries and other reconciliation and settlements escalations


• Investigate and effectively manage the resolution of disputed transactions in collaboration with relevant stakeholders


• Reimbursement and posting of center floats


• Review of expectations when not available and appropriate escalation


• Review of exceptions (items outstanding post reconciliation; that is a comparison of internal expectations with statements/settlement entries).


• Escalation of exceptions to the relevant stakeholders


• Preparation of monthly bank reconciliations for all banks, resolution and posting of all reconciling items into the accounting software


• Ensure no loss of funds. Detect and escalate any loss of funds to all stakeholders promptly.

Qualifications

• Bachelors’ degree in Accounting, Finance or related discipline


•  Experience in a settlement and reconciliation role in a regulated financial institution will be an added advantage.


• Strong numerical and analytical skills, and ability to work with large volumes of data


• Relevant professional certification will be an added advantage


• Attention to details, and understanding of reconciliation.


• Microsoft Excel skills


• Willingness to learn and take ownership