Settlement and Reconcilliation Officer (Fin Tech Firm)
IRECRUITERS AFRICA
Lekki, LA, ng
4d ago

Job Description

About Company : Our client is an Indigenous Fin Tech Startup providing innovative payment gateway solutions to service various businesses in Africa.

Job Summary : The Ideal candidate will be responsible for resolving all issues arising from electronic transactions and performing automated back-office processing such as dispute processing, settlement, reconciliation and reporting.

The focus of this position is to ensure daily / weekly / monthly reconciliation of all transactions and provide reconciliation reports as required

Responsibilities

  • Facilitate complete and accurate processing of settlement figures for all transactions / products by ensuring that required due diligence is performed.
  • Ensure that all assigned reports are accurately and timely reconciled to show a true and fair view of processed transactions with partner organizations including banks, payment processing networks, and service providers, and respond to any dispute issues.
  • Coordinate with team members to solve any issues faced by chargeback and settlement departments.
  • Checking payment files to validate settlement of all financial transactions.
  • Ensure daily processing of outgoing dispute actions and the on-time response of incoming disputes.
  • Coordinate with banks to solve pending issues and reply to their inquiries.
  • Perform daily and monthly reconciliation of financial transactions.
  • Ensure the business is not exposed to any material risks emanating from reconciliation variances.
  • Document processes, procedures, resolution guides, etc. for the settlement team.
  • Contribute to financial reporting and balance sheet management.
  • Perform daily and weekly revenue recognition and cost optimization exercises.
  • Work with Compliance to design and maintain a process for reporting fraudulent activities to the appropriate regulatory authorities.
  • Requirements

  • Bachelors degree in accounting, banking, or a related discipline
  • Relevant certification (ACA, ACCA, CIMA) or have started qualification exams
  • Previous experience working in the FinTech industry
  • Proven experience as a problem solver who can resolve issues arising from online transactions timely and efficiently
  • Passionate feelings towards solving problems and is focused on customer experience and outcomes
  • Experience working with accounting software
  • Strong communication and analytical skill
  • Microsoft package proficiency
  • Benefits

    Competitive Base Pay+ Other Benefits

    Requirements

  • Bachelor's degree in accounting, banking, or a related discipline
  • Relevant certification (ACA, ACCA, CIMA) or have started qualification exams
  • Previous experience working in the FinTech industry
  • Proven experience as a problem solver who can resolve issues arising from online transactions timely and efficiently
  • Passionate feelings towards solving problems and is focused on customer experience and outcomes
  • Experience working with accounting software
  • Strong communication and analytical skill
  • Microsoft package proficiency
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