The role entails overseeing daily operations to ensure efficiency and adherence to established protocols, managing a team of professionals to achieve departmental goals, and implementing innovative strategies to enhance productivity. Key responsibilities include developing and monitoring budgets, analyzing financial performance, and providing strategic recommendations to leadership. Additionally, this position requires conducting performance evaluations, fostering a collaborative work environment, and maintaining compliance with industry regulations. The ideal candidate will possess strong leadership skills, experience in financial management, and a proven track record of driving organizational success through data-driven decision-making.
Analyze account statements and settlement reports for accuracy and completeness, ensuring compliance with established financial standards and regulatory requirements.
Compile and submit settlement reports as required, ensuring accuracy and timeliness in the delivery process. Maintain meticulous records of all transactions processed and verify data integrity before finalizing submissions. Adhere to established deadlines and follow organizational protocols for document handling and reporting standards.
Compilation of settlement transactions involves processing and recording financial entries to ensure accurate accounting records. This responsibility includes verifying transaction details, reconciling discrepancies, and maintaining up-to-date ledger entries for auditing purposes. Proficiency in accounting software and attention to detail are essential to meet compliance standards and support efficient financial operations.
When unavailable, expectations must be reviewed, and any necessary escalations should be handled appropriately.
Conducting a thorough examination of discrepancies—transactions that remain unresolved following the reconciliation process, which involves aligning internal expectations with statements or settlement records—is essential.
Escalation of exceptions to relevant Product teams and associated Banks is required.
Safeguard all financial assets against any potential loss or misappropriation.
Promptly identify and notify all relevant stakeholders of any detected loss of funds.
A Bachelor’s degree in a related field, coupled with at least three years of professional experience in a similar role, is required for this position. Proficiency in industry-standard software and tools is essential, along with strong analytical and problem-solving abilities. Excellent communication and organizational skills are also necessary to collaborate effectively with team members and stakeholders. The ideal candidate will demonstrate a proven track record of delivering results in a fast-paced environment while maintaining a high level of attention to detail.
A degree from an accredited and highly regarded university is required.
A minimum of two to four years of hands-on experience in settlement and reconciliation functions is required.
Proficient in utilizing Microsoft Excel, with the ability to leverage advanced functions, data analysis tools, and automation features to streamline workflows and enhance productivity. Capable of creating, managing, and analyzing complex spreadsheets, including pivot tables, LOOKUP, and macros. Strong problem-solving skills to interpret data trends and generate actionable insights. Demonstrated experience in maintaining data integrity and ensuring accuracy in reporting. Comfortable collaborating with cross-functional teams to provide Excel-based solutions tailored to organizational needs.
A strong command of both written and verbal communication skills is imperative for this role. Demonstrating meticulous attention to detail and a commitment to accuracy are fundamental requirements. The ability to work both independently and collaboratively within a team environment is essential. A proactive approach to problem-solving and a dedication to meeting deadlines are also necessary qualities. Prior experience in a similar position and familiarity with industry-specific tools or software are highly desirable. Furthermore, strong organizational abilities and the capacity to multitask effectively are critical for success in this position.
Demonstrates a solid grasp of the operational intricacies inherent in payment industry transactions.
Proficient in handling and processing large-scale datasets efficiently.
Meticulous attention to detail is essential for this role, as precision and accuracy in executing tasks are paramount. The successful candidate must demonstrate a strong commitment to thoroughly reviewing and verifying information to ensure high-quality outcomes. This position requires an individual who consistently maintains a keen eye for identifying discrepancies, errors, or inconsistencies in work processes or deliverables.
Proficiency in reconciliation processes is required.
Qualifications
BA/BSc/HND
Experience Required
2 - 4 years
