• Application Deadline: Mon, 22 Jul 2024 00:00:00 GMT
• Position: Disbursement Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

JOB SUMMARY

• The Disbursement Officer is responsible for ensuring the prompt and accurate processing of working capital and regulatory payments for ARM Businesses.


• This role involves handling inquiries and requests from internal customers and units, managing relationships with banks, and preparing daily cash positions and reports.


• The Disbursement Officer also resolves reconciliation issues within a 48-hour turnaround, maintains the company's bank accounts, monitors cash advance disbursement and retirement processes, and provides support to the settlement desk as needed.


• This position requires a high level of accuracy, timely task execution, and effective communication with internal and external stakeholders to ensure the smooth functioning of financial operations.

JOB DESCRIPTION

• Prompt processing of Working capital and regulatory payments for ARM Holdco, ARM Harith, ARM Trustees and ARMIM with minimal errors 


• Attend to inquiries/requests from internal customers/units as regards working capital & dedicated client accounts across the respective Banks. Following up with banks for prompt processing of approved transactions  


• Preparation of Daily Cash Position for Trust Clients and Working Capital accounts  


• Daily preparation of call-over report and upload of same in the dedicated folder.  


• Provide Bank Relationship Management Support  


• Prompt resolution of all reconciliation issues as it relates to ARMHIIL, ARMHIF, Trustees, AAFML & RFL. TAT of no more than 48hrs  


• Maintenance of the company’s bank accounts, support opening, closing and signatory changes on bank accounts  


• Monitor cash advance disbursement and retirement processes.  


• Provide support to the settlement desk as and when needed 

JOB EXPERIENCE

Education  

• Bachelor’s degree from an accredited university  


• Professional certification in finance and/or accounting from a recognized professional body (e.g. GARP, CFA, CGMA, ACCA, ICAN etc.) will be added advantage.  

Experience  

• Minimum of 2 years of work experience in a similar role.  


• Work experience in the financial services industry will be of added advantage