Specialist, Reconciliation and Settlement at Phillips Outsourcing Services Nigeria Limited

Phillips Outsourcing Limited is a leading outsourcing service provider in Nigeria committed to delivering qualitative, customised, and effective outsourcing solutions to our esteemed clients. Our innovative solutions have made us revered and renowned to be the go-to business partner for companies who want to scale-up and have a competitive edge in the market. With our workforce of highly skilled and experienced professionals, advanced technology and cost-effective mediums, our goal is to meet our client’s needs with precision.

We are recruiting to fill the position below:

Job Title: Specialist, Reconciliation and Settlement

Location: Ikoyi, Lagos
Employment Type: Full-time

Responsibilities

• Perform reconciliations daily.
• Forward all reconciling issues to the appropriate quarters (back-office operations, NIBSS, CEVA, Flutter waves. etc.) as the case may be, for prompt resolutions.
• Review and initiate daily journal captured for merchants and partner settlement to ensure they are properly accounted for and authorized.
• 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 up on back-office operations 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 PSB ledger account reconciliation.
• Prepare sign off for all reconciled ledger accounts daily.
• Advise treasury on prefunding based on reconciliation of all prefunded accounts.

Requirements

• Candidates should possess a Bachelor's Degree with 3-7 years’ experience in the area of specialisation.
• Extensive reconciliation experience
• Strong Experience in Operations within the Fintech/Financial services environment
• Experience working in a global/multinational enterprise with a good understanding emerging markets is preferred
• Good Knowledge of Fintech fraud
• Knowledge of Fintech business processes
• Excellent organisational skills
• Excellent knowledge of accounting policies and procedures
• Knowledge in Fintech regulatory environment
• Basic risk management skills
• Ability to transfer skills
• Understanding of mobile money registration and liquidation procedures.

Salary
N200,000 / Month (Net).

Application Closing Date
15th October, 2023.