• Application Deadline: Wed, 23 Aug 2023 00:00:00 GMT
• Position: Financial Control Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Summary

The financial control officer is responsible for reconciliation and settlements 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 payment on e-channel accounts.


• Reconcile bank statement with entries in the bank ledger on a daily/weekly/monthly basis and present the reconciliation reports.


• Prepare daily and weekly report on over/under-settlement of transactions.


• Identify, follow up and investigate unreconciled transactions or discrepancies to enable prompt resolutions


• 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 reconciling 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 resolution of issues identified in line with the company’s policies and procedures.


• Advise the finance team of possible over-settlement for necessary provisions.


• Maintain reconciliation records.


• 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.


• Provide support to other finance team a required.


• Support end of day/month and year process.


• Flexibility to carry out any other task as requested by Management.

Qualifications

• HND / B.Sc in Accounting, Economics or a related field.


• Evidence of completion/ exemption of/from NYSC.


• ICAN or ACCA qualification.

Experience:

• Previous experience as a reconciliation/account officer in a financial institution, microfinance bank will be an added advantage.


• 3 - 5 years work experience.

Skills:

• Experience reconciling accounting figures and financial records


• Great analytical skills for decision making and problem solving


• Strong client relationship management and customer service skills


• Team player with the ability to work with multiple parties


• Advanced computer software skills, including Microsoft excel


• Organization and time management abilities


• Meticulous attention to detail and accuracy


• Ability to multi task and meet tight deadlines.