Senior Financial Control Officer at PecanTrust Microfinance Bank Limited

Location: Mainland, Lagos

Job summary

• The Senior financial control officer is responsible for reconciliation and settlements activities and will provide revenue assurance to the bank.

Duties and 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 payment on e-channel accounts
• Reconcile bank statement with entries in the bank ledger on a daily/weekly/monthly basis and present the reconciliation reports
• Prepare daily and weekly report on over/under-settlement of transactions
• Identify, follow up 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 loan and facilities with various banks and reconciling with terms and conditions in 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 report to management
• Provide support to other finance team a required
• Support end of day/month and year process
• Flexibility to carry out any other task as requested by Management

Qualifications

• HND / B.Sc / in Accounting.
• Evidence of completion/ exemption of/from NYSC
• ICAN or ACCA qualification

Experience:

•  5 - 7 years work experience.
• Previous experience in same role in a Microfinance Bank

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 multi task and meet tight deadlines.