Reconciliation Officer

Responsibilities:

• Investigate all transactions on the bank’s various accounts.
• Provide periodic feedback to the accounting department on exceptions observed.
• Provide documentation for supporting all financial transactions.
• Prepare monthly bank reconciliation reports regarding on all accounts operated by the bank.
• Assist auditors -internal and external- with documentation required for the auditors to do their job satisfactorily.
• Perform the reconciliation and verification of accounts regarding bank balances.
• Reconcile and process transactions on all other accounts assigned by management.
• Maintain required files, reports and data.
• Reconcile and rectify all ledger accounts belonging to customers.
• Reconcile accounts that fall into receivable records with the sales invoices.
• Perform all other related duties as assigned to meet the needs of the organization.
• Reconcile all transactions on all maintained lending platforms to reconcile disbursements and repayments.
• Conduct periodic tests to ensure all systems and digital platforms are operated as planned.
• Create sound internal controls and monitor adherence to them.
• Draft and revise company policies.
• Proactively audit processes, practices and documents to identify weaknesses.
• Collaborate with external auditors and HR when needed.
• Educate and train employees on regulations and industry practices.

Requirements:

• HND in Law, Finance, Business Administration or a related field.
• Relevant Microfinance Bank professional certification (e.g., Certified Compliance and Ethics Professional - CCEP) would be an added advantage.
• Minimum of 8 years of proven experience as a compliance/reconciliation officer.
• Good knowledge of double entry, Excel, data analysis and accounting.
• Experience in risk management.

General Requirements:

• Knowledge of legal requirements and controls (e.g., Anti-Money Laundering, or AML).
• Familiarity with industry practice and professional standards.
• Excellent communication skills.
• Excellent IT skills and knowledge of banking software operation/usage.

Remuneration: NGN4.8 Million – 6 Million Per Annum