Specialist - Settlement & Reconciliation

Education:

• Bachelor’s degree or equivalent Business qualification
  

Experience:

• At least 2 years experience in a related area in financial services or telecom
  
• Good knowledge of Fintech Fraud
  
• Knowledge of Fintech business processes
  
• Excellent organisational skills
  
• Group accounting policies and procedures
  
• Knowledge in Fintech regulatory environment
  
• Basic risk management skills
  

• Perform daily Trust account and ledger account reconciliation.
  
• Capture all incidences logged for settlement relating to failed deposit and settlement from and to the banks.
  
• Review and initiate daily journal captured for merchants and partner settlement to ensure they are properly accounted for and authorised.
  
• Capture all Unresolved deposit in the mobile money system.
  
• Perform internal transfer request for banks, partners, and merchants.
  
• Set up scheduled and automatic liquidations of partner, merchants and banks.
  
• Follow back-office operation to Lift suspension of banks, Merchants, and partners to facilitate processing of their liquidations.
  
• Ensure end to end follow up and closure of all reconciling items in Mobile Money ledger account reconciliation.
  
• Prepare sign off for all ledger accounts daily.
  
• Advise Treasury on prefunding based on reconciliation of all prefunded accounts.
  
• Flag any identified irregular transactions or movement identified during reconciliation of accounts.
  
• Ensure settlement and reconciliation audit recommendations are followed up and objectively closed.
  
• Communicate with banks, partners, and merchants for any unresolved issues.
  
• Any other duty as may be required that is in line with the nature of job and level of responsibility.