Reconciliation and Balance Sheet Assurance Officer at Ecobank Nigeria

Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS).

We are recruiting to fill the position below:

Job Title: Reconciliation and Balance Sheet Assurance Officer

Job Identification: 490
Location: Victoria Island, Lagos
Employment Type: Full time

Job Description

• Perform core Reconciliation and Proofing of allocated Bank Accounts for Nigeria; both Balance Sheet and Off-Balance Sheet Accounts identified to require Proofing and Reconciliation.
• Ensure that all allocated Accounts have Reviewers and Owners.
• Follow up with Account Reviewers and Owners to drive closure of identified open items.
• Work with Supervisor to build a robust and reliable Proofing & Reconciliation capability for Nigeria.
• Primary resource for taskforce activities leading to the identification of over aged items and items at risk in the affiliate. 
• Training and project resource for Reconciliation and Proofing projects
• Maintain Issues Register for breach of compliance to standard narrations and escalate to reviewers and owners for corrections
• Ensure that all reconciled transactions contain key references and narrations that provide quality information for independent verification to source.
• Onboard allocated Internal Accounts to Automated Reconciliation Systems adopted by the group
• Ensure accuracy of balances of proofs to the ledger and substantiation thereof
• Continuously implementing best in quality management of the Group’s Proofing and Reconciliations of Accounts in business units. 
• Ensure timely conduct and Submission of proofs and reconciliation reports to Account Reviewers and Account Owners country wide.
• Ensure timely escalation of identified events that could lead to material loss to ensure timely mitigation of exposures and execute assurance. 
• Deploy frameworks and key risk indicators for identification, assessment, measurement reporting, monitoring, and mitigating both emerging and existing exposures.
• Drive the automation of Reconciliation and Proofing processes for the affiliate.

Requirements

• Candidates should possess Bachelor's Degrees with relevant work experience.

Application Closing Date
19th December, 2023 (11:00 AM).