Reconciliation and Settlement Officer – Talent Pool at Kuda Bank Full Time

Job Title: Reconciliation and Settlement Officer – Talent Pool

Location: Lagos, Nigeria
Job type: Full-time
Department: Finance

Role Overview

• The Reconciliation and Settlement Officer plays a crucial role in ensuring the accuracy and integrity of financial transactions within the company.
• This position involves generating reconciliation reports, performing daily reconciliations, and settling transactions efficiently.

Responsibilities

• Generate reconciliation reports and carry out other settlement assignments delegated from time to time.
• Perform daily reconciliation of transactions and provide daily reconciliation & settlement reports.
• Perform general reconciliation required to ensure general balances are error free thereby enhancing the integrity and accuracy of the company financials.
• Liaise with stakeholders, internally and externally in relation to all settlements.
• Monitor partner’s settlement and ensure accurate value is settled.
• Liaison with external auditors, Banking Payment partners and any other unit as may be required in the course of the job.
• Correctly log all incidents, monitor the incident cycles and document solutions after resolutions
• Monitor the settlement and resolve disputes arising from the daily transactions on the card account
• Monitoring of correct workflow (deposit/withdrawal process in internal system) and responsibility to investigate and resolve any discrepancies on a timely manner.
• Investigate ways to move from manual to automatic reconciliation process, required as volumes increase
• Perform other related tasks as may be required

Requirements

• A minimum of 3 years of relevant professional experience.
• Demonstrate a knowledge of reconciliation process.
• Experience of analysing and controlling large volumes of data
• Excellent writing skills, and ability to explain technical accounting issues to colleagues.
• Demonstrate competences for accuracy, attention to detail, integrity, and update knowledge of International Financial Reporting Standards
• Bachelor’s Degree in Business Administration, Finance, Accounting, or related fields.

Benefits
At Kuda, our people are the heart of our business, so we prioritize your welfare. We offer a wide range of competitive benefits in areas including but not limited to:

• Pension
• Competitive annual leave plus bank holidays
• Group life insurance
• Health insurance
• L&D training
• We are advocates of work-life balance and offer a 3 day per week remote working option

Application Closing Date
Not Specified

Note

• This is not a live vacancy. If you are interested in becoming part of our Talent Pool for future Reconciliation and Settlement Officer positions, we encourage you to submit your application.
• If shortlisted, we will promptly reach out to you as soon as a new role becomes available.