Reconciliation Officer (NIP) at Kuda Bank

About the role

We are seeking a highly skilled reconciliation analyst to join our Finance team, The purpose of this role is for Kuda to achieve timely, accurate analysis and settlement of all NIP transfers made, in accordance with International Accounting Standards.

Responsibilities

• Ensure daily reconciliation of all NIP transfers and settling partners according to agreed SLA.
• Identify, investigate, and escalate outstanding items to NIBBS and other third parties for prompt resolution.
• Liaise with banks and vendors on settlement discrepancies.
• Liaise with Product and technical team to resolve issues around NIP transactions.
• Ensure daily validation of transaction/settlement posting to GLs.
• Respond to general inquiries directed to Settlement from support or service areas.
• Ensure that suspense items do not exceed the established timeline designated for each type of exception.
• Liaise with external auditors, banks finance unit and any other unit as may be required in the course of the job.
• Share daily/monthly reports on activities done.

Requirements

• At least 3 years of experience in NIP reconciliation
• Attention to details.
• Accountability and ownership. 
• Excellent communication skills
• Initiative driven. 
• Collaborative skills.