Financial Services Jobs in Africa

82

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INKOMOKO

Investment Reconciliation Officer

Nairobi, Kenya

Asaak Financial Services

Sales Team Leads - Fort Portal

Fort Portal, Uganda

Asaak Financial Services

Sales Representatives - Jinja

Jinja, Uganda

Asaak Financial Services

Sales Representatives

Kampala, Uganda

EnerGrow

Sales Agents

Kampala, Uganda

INKOMOKO

Credit Analyst Manager - Regional

Nairobi, Kenya

Asaak Financial Services

2 Recovery Officers - Matugga

Matugga, Uganda

Asaak Financial Services

Sales Representatives - Matugga

Matugga, Uganda

Asaak Financial Services

Sales Representatives - Fort Portal

Fort Portal, Uganda

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Asaak Financial Services

Sales Representatives - Gulu

Gulu, Uganda

Investment Reconciliation Officer

Closing: May 31, 2024

23 days remaining

Published: May 8, 2024 (1 day ago)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

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As an Investment Reconciliation Officer, you will be responsible for ensuring accuracy and integrity in financial transactions and records within the investment department. You will play a crucial role in reconciling various investment accounts and maintaining financial records in compliance with regulatory standards. Attention to detail, analytical skills, and financial expertise are essential for success in this role.

Minimum Qualifications

The Investment Reconciliation Officer will be a trusted partner of Inkomoko clients, and basic qualifications Include:

  • A university degree in Finance, Business Administration or another related field
  • Must speak fluent English and knowledge of other local languages is a plus
  • Knowledge of MFIs or banking operations, credit risk management, fraud management, and Debt Management
  • Proven experience (5+ years) in investment operations, financial reconciliation, or related roles within the financial services industry.
  • Excellent analytical skills with a keen eye for detail and accuracy.
  • Ability to work efficiently under pressure, prioritize tasks, and meet tight deadlines.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.
  • Knowledge of regulatory requirements and compliance standards relevant to investment operations.
  • Demonstrated problem-solving abilities and a proactive approach to process improvement.

What You'll Get

This role is inside a high-growth, mission-driven social enterprise. By joining, you’ll access:

  • Competitive salary, and potential Goal-based bonus
  • Incredible company culture, including deep investment in your learning and growth
  • Diverse colleagues and policies that show our commitment to equity and inclusion
  • Talented, passionate, and committed team colleagues across the region
  • Ability to make a significant social impact to your community
  • Generous health insurance, staff savings, parental leave, sabbatical, and more benefits.


Responsibilities
As an Investment Reconciliation Officer, you will be responsible for ensuring accuracy and integrity in financial transactions and records within the investment department. You will play a crucial role in reconciling various investment accounts and maintaining financial records in compliance with regulatory standards. Attention to detail, analytical skills, and financial expertise are essential for success in this role.

Minimum Qualifications

The Investment Reconciliation Officer will be a trusted partner of Inkomoko clients, and basic qualifications Include:

  • A university degree in Finance, Business Administration or another related field
  • Must speak fluent English and knowledge of other local languages is a plus
  • Knowledge of MFIs or banking operations, credit risk management, fraud management, and Debt Management
  • Proven experience (5+ years) in investment operations, financial reconciliation, or related roles within the financial services industry.
  • Excellent analytical skills with a keen eye for detail and accuracy.
  • Ability to work efficiently under pressure, prioritize tasks, and meet tight deadlines.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.
  • Knowledge of regulatory requirements and compliance standards relevant to investment operations.
  • Demonstrated problem-solving abilities and a proactive approach to process improvement.

What You'll Get

This role is inside a high-growth, mission-driven social enterprise. By joining, you’ll access:

  • Competitive salary, and potential Goal-based bonus
  • Incredible company culture, including deep investment in your learning and growth
  • Diverse colleagues and policies that show our commitment to equity and inclusion
  • Talented, passionate, and committed team colleagues across the region
  • Ability to make a significant social impact to your community
  • Generous health insurance, staff savings, parental leave, sabbatical, and more benefits.


Reconciliation of Investment Accounts (30% time)

  • Conduct daily, weekly, and monthly reconciliations of loan accounts ensuring discrepancies are promptly identified and resolved.
  • Verify cash balances and other transactions against internal records and external sources.
  • Work with the investment team to resolve discrepancy between the loan management system and the accounting module.
  • Keep records of reconciled reports and share them with the Investment Manager
  • Ensure loan accounts are fully reconciled against Loan Management System

Financial Reporting and Analysis: (30% time)

  • Prepare a monthly report with details of loan disbursements and repayments, and monthly closing outstanding balance.
  • Collaborate with investment managers and other stakeholders to provide insights on portfolio performance and investment strategies.

Risk Management: (20% time)

  • Monitor and report on potential risks associated with investment transactions and financial reconciliations.
  • Implement controls and procedures to mitigate operational and financial risks.

Loan Documentation Verification and Processing (20% time)

  • Perform verification of loans documents (Contracts, Bank details, Investment Committee minutes, insurance fees) before disbursements
  • Maintain appropriate files of loan documents.
  • Process clients loans disbursements and funds to investment team timely and ensure they are properly supported
  • Perform all other related duties as assigned to meet the deadlines.


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