Senior Specialist, Account Management and Reconciliation Nigeria at First Bank of Nigeria Limited

Posted on Wed 24th Apr, 2024 - www.hotnigerianjobs.com --- (0 comments)

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Senior Specialist, Account Management and Reconciliation Nigeria

Job Identification: 1033
Location: Lagos
Employment Type: Full-time

Job Description 

  • Develop account management and reconciliation procedures and framework that are sustainable and enduring for maintenance of clean books for the bank.
  • Provides operational lead for management and reconciliation of all Nostro, Vostro, General Ledgers, Receivables, Payables and Suspense accounts for Trade and Payment Department 
  • Develop and maintain account management and reconciliation relationships with external and internal partners and clients of the bank on Trade Transactions and Obligations.
  • Provides operational lead for reconciliation of Clients’ Trade Obligations.
  • Provides operational lead for daily reconciliation of the FX Blotter
  • Monitor, track, and render weekly/monthly and periodic Trade Obligation report to the client and management team of the bank. 
  • Liaise with Internal Control, BPM, GRU and FINCON  on account management and reconciliation matters for assurance of clean books for the bank. 
  • Management and reporting of reconciliation activities for the organization in lines with the standard and best practice.
  • Coordinate and Participate in projects relating to the enhancement of reconciliation capabilities / processes 
  • Timely performance of daily/monthly and periodic reconciliations of Trade and Payment accounts
  • Prompt escalation of reconciliation outages at the various level of escalation hierarchy till closure.
  • Maintain & document reconciliation process, procedures and outcome for historical access, records, and unimpeded reconciliation framework.
  • Setting clear expectations and consistently providing information, training, resources, feedback, coaching and recognition that help employees improve their performance.

Education

  • First Degree in Accounting and related discipline 
  • Trade and Professional Certification as added advantage.

Experience:

  • 5-7 years of experience in Trade Services Reconciliation

Application Closing Date
1st May, 2024.

Method of Application
Interested and qualified candidates should:
Click here to apply online