Financial Control Officer at Personal Trust Microfinance Bank Limited

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:

Job Title: Financial Control Officer

Location: Mainland, Lagos
Employment Type: Full-time

Job Summary

• The financial control officer is responsible for reconciliation and settlements activities and will provide revenue assurance to the bank.

Duties and Responsibilities

• Ensure daily reconciliation and posting of all of all transactions and provide daily/weekly reconciliation and settlement reports.
• Support the E-business team in resolving settlement and reconciliation matters.
• Monitor income/fees and ensure value is promptly transferred to the bank.
• Verify the incoming and outgoing payment on e-channel accounts.
• Reconcile bank statement with entries in the bank ledger on a daily/weekly/monthly basis and present the reconciliation reports.
• Prepare daily and weekly report on over/under-settlement of transactions.
• Identify, follow up and investigate unreconciled transactions or discrepancies to enable prompt resolutions
• Liaising regularly with various bank account officers on issues relating to direct debits, standing orders, unidentified credits and charges from time to time.
• Monitors the deduction on loan and facilities with various banks and reconciling with terms and conditions in of the offer.
• Develop and maintain business relations with payment partners.
• Liaise with the settlement bank and payment processing companies on potential under-settlement and ensure resolution of issues identified in line with the company’s policies and procedures.
• Advise the finance team of possible over-settlement for necessary provisions.
• Maintain reconciliation records.
• Rendition of monthly returns and processing of associated payments for FIRS, LIRS and PFAs within seven days of deduction.
• Sending daily dashboard report to management.
• Provide support to other finance team a required.
• Support end of day/month and year process.
• Flexibility to carry out any other task as requested by Management.

Qualifications

• HND / B.Sc in Accounting, Economics or a related field.
• Evidence of completion/ exemption of/from NYSC.
• ICAN or ACCA qualification.

Experience:

• Previous experience as a reconciliation/account officer.
• 3 - 5 years work experience.

Skills:

• Experience reconciling accounting figures and financial records
• Great analytical skills for decision making and problem solving
• Strong client relationship management and customer service skills
• Team player with the ability to work with multiple parties
• Advanced computer software skills, including Microsoft excel
• Organization and time management abilities
• Meticulous attention to detail and accuracy
• Ability to multi task and meet tight deadlines

Application Closing Date
31st December, 2021.