Senior Reconciliation Specialist - Jumia Pay at Jumia Nigeria

Description

• Jumia Pay is a new and free online payment service that enables you to send payments online securely, instantly, and cost-effectively.

Responsibilities

• You will be responsible for the reconciliation and settlement activities within JumiaPay, facilitate complete and accurate processing of settlement figures for all transactions/products by ensuring that required due diligence is performed.

In particular, you will:

• Ensure daily reconciliation of all transactions and provide daily/weekly reconciliation and settlement reports to the AR Manager
• Keep record of the relevant KPI’s for the businesses Analysis and reporting of settlement/payment activities to the AR Manager
• Documentation of processes, procedures, resolution guides etc. for the reconciliation department
• Continually evaluate and recommend best practice business process throughout payment value chain
• Support each bank E-business team in resolving settlement and reconciliation issues
• Liaise with Bank Settlement team to ensure reconciled funds are transferred
• Monitor the income/fees’ reconciliation with Settlement banks, NIBSS and other clients and ensuring value is transferred to the company account’s promptly
• Perform daily/weekly analysis of bill payment data: Trends, failure rates etc and extract Business Intelligence from payment data
• Develop and maintain business relations with NIBBS, value card (Visa, MasterCard etc), unified payments, Interswitch, and JumiaPay settlement banks
• Ensure daily reconciliation of and correct postings of all cards and other electronic channels transactions
• Verify the incoming and outgoing payment reports

Required Skills & Qualifications

• Bachelor's Degree in or higher preferably in Accounting or other discipline in Social Sciences from a recognized University.
• Minimum of 8 years working experience in Cards/Mobile/FinTech company, fully integrated in all aspects of settlement and daily reconciliation process
• Detailed understanding of the operational aspects of payment cards, mobile payments and banking industry
• Previous experience within a Reconciliation, Settlement or Middle Office environment
• Excellent documentation skills and use of collaboration tools
• Advanced level of Microsoft Excel (Pivot tables, Vlookups, and Nestedifs formulas).
• Ability to interpret Financial Data from various systems and in various format.

We Offer

• A unique experience in an entrepreneurial, yet structured environment
• A unique opportunity of having strong impact in building the African ecommerce sector
• The opportunity to become part of a highly professional and dynamic team
• An unparalleled personal and professional growth as our longer-term objective is to train the next generation of leaders.