Bank Reconciliation Officer at Coronation Insurance Plc

Coronation is a leading financial service partner that helps build enduring legacies for sustainable wealth creation in Africa. Having established a 30-year record of achievements in banking across Africa and beyond, our founders established a Pan-African platform focused on building a better financial future for Africa. Today, our businesses are entrusted with our over $1billion of clients’ assets and are recognized as Nigeria's fastest-growing investment managers. Our purpose at Coronation is to create a prosperous future for our clients and the African continent.

Coronation is proud to be an Equal Opportunity Employer. We enable an inclusive workplace by evaluating qualified applicants without discriminating against race, color, national origin, religion, sex, sexual orientation, gender identity, disability, and other statuses protected by law.

We are recruiting to fill the position below:

Job Title: Bank Reconciliation Officer

Location: Awolowo Road - Ikoyi, Lagos
Employment Type: Full-time

Role Responsibilities

• Ensure daily reconciliation of all bank accounts within the company.
• Rendition of daily proofs of all operational GLs in the company.
• Ensure prompt resolution of all outstanding items.
• Ensure prompt submission of reports to Internal control and other stakeholders.
• Ensure all GL entries are backed up with documentation and approvals.
• Ensure documentation and schedules are promptly provided by relationship officers
• Ensure prompt posting of all sales recorded.
• Work closely with underwriters, CPU, and the sales team to resolve all identified variances promptly.
• Reconciliation of all premium inflow into the accounts and sending periodic statements of accounts to brokers.

What we are looking for
Education Qualification, and Work Experience:

• Bachelor’s Degree in Insurance, Finance, Accounting, or any related discipline.
• Professional certification such as CIIN, ACCA, ICAN, or relevant qualification
• 3 - 7 years relevant experience in the Insurance industry.

Technical and Behavioural Competencies:

• Operations Management.
• Process Improvement.
• Strong knowledge of IFRS
• Excellent mathematical and statistical skills.
• Insurance principles and practices.
• Financial and Management accounting.
• Process Improvement.
• Product Knowledge.
• Organizational skills.
• Excellent time management skills.
• Strong Knowledge of underwriting, payments, and collections.
• Understanding of Accounting.
• Understanding of the local and global financial services industry.
• Stakeholder Management.

Application Closing Date
21st February, 2025.