Settlement And Reconciliation Officer

Summary

Join Moniepoint, a rapidly growing financial services platform in Africa, as a Settlement and Reconciliation Specialist. You will play a crucial role in reviewing account statements, uploading settlement reports, generating entries, and ensuring the accuracy of financial transactions. This position requires a minimum of 2-4 years of experience in a similar role, proficiency in Microsoft Excel, and a strong understanding of payment industry dynamics. Moniepoint offers a supportive culture, learning opportunities, and a competitive compensation package including pension, health insurance, and an annual bonus.

Requirements

• Minimum of a degree from a reputable institution
• At least 2 to 4 years experience in a settlement and reconciliation role
• Microsoft Excel skills

Responsibilities

• Review of account statements and settlement reports
• Upload of settlement reports
• Generation of settlement entries
• Review of expectations when not available and appropriate escalation
• Review of exceptions (items outstanding post reconciliation; that is a comparison of internal expectations with statements/settlement entries)
• Escalation of exceptions to the Product teams/Banks
• Ensure no loss of funds
• Detect and escalate any loss of funds to all stakeholders promptly

Preferred Qualifications

• Understanding of payment industry transaction dynamics
• Ability to work with massive data set
• Attention to details
• Understanding of reconciliation

Benefits

• Pension
• Health insurance
• Annual bonus