Manager, Reconciliation and Settlement at FairMoney

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia. At FairMoney, we are building the digital bank for emerging markets. We have presence currently in France, Nigeria and India. Our largest market currently is Nigeria.

Title: Manager, Reconciliation and Settlement

Location: Lagos

Job type: Full time
Category: Finance

Description

• The role of a Manager, Reconciliation and Settlements is very important at FairMoney because of its many products and integrations with a number of third party applications.
• The aim of the role is to ensure that all the transactions of bank (i.e. payments, transfer, card transactions, etc.) are reconciled timely to identify and resolve the open items.

Roles and Responsibilities
The specific job description of the role is as detailed below:

• Ensure that card withdrawals transactions on our Point of Sale (POS) are reconciled on a daily and monthly basis.
• Ensure that NIP transactions are reconciled on a daily and monthly basis.
• Ensure that transfer transactions consummated by our agents on behalf of their clients are accurately reconciled.
• Ensure that transactions carried out by our debit cards are appropriately reconciled.
• Ensure that un reconciling items are sent to the concerned counterparty within 48 hours of the transaction happening.
• Ensure that un reconciling items are resolved with counterparties within five(5) business days.

Requirements

• Bachelor’s Degree in numerate discipline.
• Minimum of three (3) years experience in a similar role.
• Good analytical skills, high level of accuracy and attention to details.
• Strong Microsoft Excel and data analysis skills.
• Good leadership and problem-solving skills.
• Be an effective team player with a positive attitude.
• Be Smart and agile.
• Based in Lagos.
• Experienced in financial institution, especially Fintech (ie large base of transactions), would be an advantage
• Need for an enthusiasm and interest in the role ie accounting, reporting, cost control.
• Focused on timelines and milestones; extremely organised.
• Doer mentality.
• Pay attention to details.

Benefits

• Private Health Insurance
• Paid Time Off
• Pension Plan
• Training & Development

Deadline: Not Specified.

How to Apply: Interested and qualified candidates should Click Here to apply online

Interview Process

• Screening call with Senior Recruiter (30 mins.)
• Interview with Kelechi (45-60 mins.)
• Interview with Tomide Oluwolw (45-60 mins.)
• Final discussion with Chief of Finance (45-60 mins.)