FINANCIAL RECONCILIATION SPECIALIST

Job Summary

 To ensure that all bank accounts are reconciled accurately and timely  To ensure accurate & timely recording of all financial transactions in line with company policies, rules and guidelines as well as regulatory standards. To produce such reports as may be requested by management for the purpose of decision making.

Job Details

DUTIES & RESPONSIBILITIES 

• Daily Monitoring of Entries in Bank Accounts for quick and early resolution 

• Collection Accounts Reconciliation (NIS, FRSC collections etc.) 

 Monthly reconciliation of all Domiciliary Bank Accounts; ensuring that all Domiciliary.

 Bank account balances are reconciled to the GL each month.

Monthly Local Bank Account Reconciliation, ensuring that all local Bank account balances are reconciled to the GL each month 

  Recognition of direct payments and receipts in the General Ledger. 

  Raising of Journal Vouchers for resolved reconciling items from Bank Reconciliation 

  Responsibility for bank correspondences: managing and opening bank accounts 

 Raising of Journal Vouchers for resolved reconciling items from Bank Reconciliation 

 Responsibility for bank correspondences: managing and opening bank accounts 

 Liaising and working with external auditors/tax auditors during Audits 

 Delegated tasks: Performing any other tasks as may be assigned from time to time. 

  Ensure completeness, accuracy and timeliness of transactions, analysis, reconciliations and reporting.

  Work closely with various relevant processes/teams to perform daily reconciliation of open.

Requirements

University Education: First degree in Accounting, Statistics and Economics and Mathematics. 

Others: Professional Qualifications – added advantage. 

Experience: 3-6 years post NYSC experience

KEY PERFORMANCE INDICATORS 

 99% accuracy and integrity of GL data and financial information. 

KEY PERFORMANCE INDICATORS 

 99% accuracy and integrity of GL data and financial information. 

 Timeliness of Reports 

 100% documentation Timeliness of Reports.

Knowledge 

Excellent knowledge of cost and financial accounting principles, practices and procedures. 

Knowledge of Card Payment industry.

Skill/Competencies 

Demonstrate ability to cope with pressure and meet deadlines

 High degree of accuracy. 

 Deductive reasoning abilities and eye for details. 

 Strong interpersonal and communication skills.

 A good influencer and astute leader. 

 Advanced Excel user.

About Company

UNIFIED PAYMENT SERVICE LTD

https://www.up-ng.com/

UP® otherwise known as Unified Payments or Unified Payment Services Limited is a group of companies with services including Financial Technology, Banking, Payment Scheme, Digital Commerce, Value Added Service, Payment Solutions, Software Solutions, etc. The UP® Group comprises (i) UP® which is Nigeria's premier financial technology service provider (ii) Hope PSBank which is Nigeria's premier payment service bank (iii) Payattitude® which is a digital-first payment scheme (iv) UP Digital which is a telecom value added service provider; and (v) TM30 which is software solutions provider. At UP®, we PRIDE ourselves in our mission statement of Professionalism, Respect, Innovation, Dependability, and Execution. In demonstration of our cross-enterprise alliances and capabilities, companies in the UP® group provide diverse services to different businesses that offer similar or the same services as our company and her subsidiaries or associates. Major Services & Solutions The major services and solutions offered by UP® which is the parent company of the UP® Group are in two categories: B2B (Business-to-Business) and B2C (Business-to- Consumer). Under B2B, our services include (i) Processing (ii) Switching (iii) Payment Terminal Services (iv) Settlement services (v) Instant Payments/Transfers (vi) Merchant Services; and (vii) Payment Solutions/Revenue Optimisation. For B2C, the services and solutions include (i) Value Added Services (ii) Verification Services (iii) Virtual Mall; and (iv) Agency Banking.