Accountant at First Ally

Job Description

• The Accountant is responsible for reconciliation and settlement activities and will provide revenue assurance to the bank.

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.
• Reconcile bank statements with entries in the bank ledger on a daily, weekly, or monthly basis and present the reconciliation reports.
• Prepare daily and weekly reports on over/undersettlement of transactions.
• Identify, follow up on, and investigate unreconciled transactions or discrepancies to enable prompt resolutions
• 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 loans and facilities with various banks and reconciles with the terms and conditions 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 resolution of issues identified in line with the company’s policies and procedures.
• Advise the finance team of possible over-settlement for necessary provisions.
• Maintain reconciliation records.
• Rendition of monthly returns and processing of associated payments for FIRS, LIRS and PFAs within seven days of deduction.
• Sending daily dashboard reports to management.
• Provide support to other finance team if required.
• Support the end-of-day/month and year processes.
• Flexibility to carry out any other task as requested by Management.

Qualifications

• HND / B.Sc in Accounting, Economics or a related field.
• Evidence of completion/exemption from NYSC.
• ICAN or ACCA qualification.
• Previous experience as a Reconciliation Officer/Accountant in a financial institution (microfinance bank) will be an added advantage.
• 3–5 years of work experience.

Skills:

• Experience reconciling accounting figures and financial records
• Great analytical skills for decision-making and problem solving
• Strong client relationship management and customer service skills
• Team player with the ability to work with multiple parties
• Advanced computer software skills, including Microsoft Excel
• Organization and time management abilities
• Meticulous attention to detail and accuracy
• Ability to multitask and meet tight deadlines.