Reconciliation and Settlement Officer at Accelerex Network Limited

Accelerex Network Limited is an Agent Network management service in Nigeria with the mission to deepen financial inclusion in Nigeria by providing innovative, simple, and accessible financial service solutions to the undeserved through a network of most efficient agents.

We are recruiting to fill the position below:

Job Title: Reconciliation and Settlement Officer

Location: Lagos
Employment Type: Full-time

Responsibilities

• Reconcile NIP transactions with NIBBS/ETRAZANCT and Bank, identify exceptions if available, and provide report to Head, Settlement and Reconciliation.
• Reconcile & validate settlement report with settlement banks
• Support ANL business team and customer experience team in resolving dispute and reconciliation issues.
• Liaise with Bank Settlement team to ensure NIP debits are accurately passed into ANL position as advised by NIBBS.
• Perform daily/weekly/monthly analysis of NIP transactions: Trends, failure rates etc. and extract Business Intelligence from the transaction data.
• Develop and maintain business relations with ANL settlement bank, NIBBS, Unified payments, Inter-switch and other payment processors.
• Follow up with the processor, SWITCH for pending transaction not impacting customer’s account
• Constant monitoring of stock balances for all ANL products to determine when to advise to re- stock.
• Follow-up long outstanding differences in settlement account, analysis and reconcile reports
• Reconciliation of timed out transactions to determine the actual status of each transaction and advice accordingly based on the outcome.
• Perform any other task as might be assigned by the unit head.

Competency and Skill Requirements

• Minimum educational qualification: BSc or HND in Accounting, Computer Science and any related field
• 1-2 years experience
• Attention to details
• Teamwork and interpersonal skills
• Excellent skills in Microsoft Office, especially Microsoft Excel and PowerBI
• Excellent communication and interpersonal skills.

Application Closing Date
31st March, 2023.

Method of Application
Interested and qualified candidates should send their updated CV to: [email protected] using the Job Title as the subject of the mail.