Job Description
The Finance Manager is responsible for reconciliation and settlement 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 payments on e-channel accounts.
Prepare daily and weekly report on over/under-settlement of transactions.
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 reconciles 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 the resolution of issues identified in line with the company’s policies and procedures.
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.
Qualifications
Bachelor’s Degree in Finance, Accounting, or a related field; MBA or professional accounting qualification (e.g., ICAN, ACCA, CPA) is highly preferred.
3-5 years of progressive experience in finance
Proven track record of operational excellence in a fast-paced, growth-oriented environment.
In-depth knowledge of financial regulations, risk management, and compliance standards in Nigeria.
Strong analytical, decision-making, and communication skills.
Experience in leading high-performing teams and driving organizational change.
Proficiency in financial software; advanced Excel skills required.