Clearing & Settlement Associate at Willers Solutions

Responsibilities

• Supervise the analyst in Verifying that the clients have met the minimum requirement for the profile activation on the exchange
• Implement profile creation for All supplier and buyers of commodity and trade related services on the exchange except for farmers.
• Reviews Client OTC portfolio every day for new stock delivered to client location.
• Updates Workbench daily with Account Receivable (AR) and Account Payable (AP) invoices for direct deliveries to client gate and Warehouse Contracts purchases while paying very close attention to the trade terms on all contracts.
• Process in a timely manner payment for executed trades.
• Keeps proper track of the schedules approved by the trading manager for daily trades
• Keeps accurate record of all payables and receivable balances periodically.
• Tracks historical statement of each client to ensure balances are unified and updated.
• Ensures all client accounts are correctly debited with stock and credited with cash after each transaction by conducting we weekly or monthly call over.
• Report weekly a payable and receivable ageing report to track outstanding on the exchange.
• The position holder must ensure that all client stock holding is correct at End of Day (EOD) on WB.
• Supervise the physical dispatch of all client’s portfolio on WB including working on new initiatives and conducting research and analysis on topics of special interest to the team.
• Participate in ad-hoc projects and perform other activities as may be assigned over the trading system.

Requirements

• B.Sc in Accounting, Business Administration, or any other relevant course
• 4 - 6 years’ experience in reconciling accounts or similar role
• Strong communication and interpersonal skills
• Hausa speaking is compulsory
• Excellent knowledge of Microsoft Office Suite or related software.
• Outstanding ability to identify errors and high level of attention to detail
• Outstanding vendor management skills
• Excellent leadership and organization skills with great multi-tasking abilities
• Critical thinker with problem-solving skills
• Team player
• Good time-management skills.