Bank Reconciliation Officer at Coronation Insurance

Coronation Insurance is a leading financial service partner that helps build enduring legacies for sustainable wealth creation in Africa. Having established a 30-year record of achievements in banking across Africa and beyond, our founders established a Pan-African platform focused on building a better financial future for Africa. Today, our businesses are entrusted with our over $1billion of clients’ assets and are recognized as Nigeria’s fastest-growing investment managers. Our purpose at Coronation is to create a prosperous future for our clients and the African continent.

Job Title: Bank Reconciliation Officer

Location: Awolowo Road – Ikoyi, Lagos

Employment Type: Full-time

Role Responsibilities

• Ensure daily reconciliation of all bank accounts within the company.
• Rendition of daily proofs of all operational GLs in the company.
• Ensure prompt resolution of all outstanding items.
• Ensure prompt submission of reports to Internal control and other stakeholders.
• Ensure all GL entries are backed up with documentation and approvals.
• Ensure documentation and schedules are promptly provided by relationship officers
• Ensure prompt posting of all sales recorded.
• Work closely with underwriters, CPU, and the sales team to resolve all identified variances promptly.
• Reconciliation of all premium inflow into the accounts and sending periodic statements of accounts to brokers.

What we are looking for
Education Qualification, and Work Experience:

• Bachelor’s Degree in Insurance, Finance, Accounting, or any related discipline.
• Professional certification such as CIIN, ACCA, ICAN, or relevant qualification
• 3 – 7 years relevant experience in the Insurance industry.

Technical and Behavioural Competencies:

• Operations Management.
• Process Improvement.
• Strong knowledge of IFRS
• Excellent mathematical and statistical skills.
• Insurance principles and practices.
• Financial and Management accounting.
• Process Improvement.
• Product Knowledge.
• Organizational skills.
• Excellent time management skills.
• Strong Knowledge of underwriting, payments, and collections.
• Understanding of Accounting.
• Understanding of the local and global financial services industry.
• Stakeholder Management.

Application Closing Date
21st February, 2025.

How to Apply: Interested and qualified candidates should send an updated CV to: [email protected] using the Job Title as the subject of the mail.