Reconciliation & Settlements Manager at Transsnet Financial

Location: Ikeja, Lagos

Job Description

• The Reconciliation and Settlements Manager will be responsible for the management and reconciliation of all financial activities for all the different Businesses with partner organizations.
• The Reconciliation and Settlements Manager will be charged with but not limited to the following responsibilities:
  • Provide reconciliation and settlement support to the financial controller
  • Develop and maintain business relations with payment partners
  • Contribute to and maintain system standards within all Payment platforms
  • Ensure daily reconciliation of all transactions and provide daily/weekly reconciliation and settlement reports to the financial controller
  • Keep record of the relevant KPI’s for the businesses
  • Analysis and reporting of settlement/payment activities to the Financial controller
  • Develop business case and business models that may relate to the Company’s payment platform
  • Ensure accurate forecast on virtual wallet or float accounts to prevent stock out'
  • Documentation of processes, procedures, resolution guides etc for the reconciliation and settlement department
  • Monitor the reconciliation of income/fees with partners and ensuring value is transferred to the company’s account promptly
  • Continually evaluate and recommend best practice business process throughout payment value chain
  • Perform any other task as might be assigned by the departmen

Requirements

• A Business related Bachelor's degree (or higher) preferably in Accounting or Finance from a recognized University. Master’s Degree is a plus
• Over 4 years working experience in cards/mobile payment finance, fully integrated in all aspects of settlement and daily reconciliation process of which a minimum of 2 years must have been at a management level in Reconciliation and Settlement
• Excellent communication, leadership, problem solving and analytical skills.
• Strong strategic planning and execution skills.
• Excellent financial analytical, organization and planning skills
• Working knowledge of financial spreadsheet applications such as Excel
• Experience working in a team oriented, collaborative environment.
• Rapidly adapt and respond to changes in environment and priorities.
• Excellent interpersonal skills, and be able to handle multiple tasks simultaneously.
• Highly self-directed, a strong individual contributor and a strong team player.