Job Details

Job Description

Are you detail-oriented, analytical, and passionate about ensuring financial accuracy in a fast-paced environment? We are seeking a dedicated Settlements and Reconciliations Officer to join our dynamic team.If you thrive in a collaborative environment and have a strong foundation in fintech, banking, or payments, we invite you to bring your skills and grow with us.

Responsibilities of the Role

Candidate should demonstrate experience in handling the key duties, including:

• Reconciling transaction data between internal systems, banks, and partners.
• Managing daily and periodic settlement processes.
• Identifying and resolving discrepancies in accounts promptly.
• Preparing reports for management and regulatory submissions.
• Ensuring compliance with all applicable financial regulations.

Key Skills and Attributes

• Attention to Detail: Ability to spot errors and inconsistencies in financial data.
• Analytical Skills: Strong ability to analyze transaction trends and resolve discrepancies.
• Communication Skills: Capability to liaise with internal teams, financial institutions, and regulators effectively.
• Problem-Solving: Quick and efficient resolution of settlement issues and reconciliation challenges.
• Time Management: Meeting strict settlement timelines and managing multiple reconciliations simultaneously.
• Team Collaboration: Ability to work cross-functionally with operations, finance, and

Qualifications

Educational Background:

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• Professional certifications such as ACCA, CIMA, or CPA are highly desirable.

Technical Skills:

• Proficiency in financial reconciliation tools and accounting software (e.g., QuickBooks, Xero, or SAP).
• Advanced knowledge of Microsoft Excel (e.g., pivot tables, VLOOKUP, and macros).
• Familiarity with payment platforms, financial systems, and fintech reconciliation tools.
  Regulatory Knowledge:
  Understanding of financial regulations and compliance requirements, such as AML/CFT guidelines and local payment settlement rules.
  Familiarity with central bank regulations governing fintech operations.

Work Experience:

• 2–5 years of experience in settlements, reconciliations, or a related role in banking, payments, or fintech.
• Experience in working with payment systems (e.g., SWIFT, ACH, mobile money, or payment aggregators) is a strong advantage.

Reconciliation Experience:

• Proven experience in reconciling high volumes of transactions across multiple payment channels (e.g., USSD, mobile apps, card payments).
• Familiarity with chargebacks, refunds, and dispute resolution processes.
  Settlement Management:
• Hands-on experience in managing settlement cycles, fund transfers, and coordinating with banks or financial institutions.

Additional Desirable Qualifications

Experience in Fintech or Startups:

• Familiarity with the fast-paced nature of fintech startups and the ability to adapt quickly to changing priorities.

Technical Understanding:

• Basic understanding of APIs and how fintech platforms integrate with financial systems.
• Exposure to financial technologies like blockchain or cryptocurrency (optional but advantageous).

Certifications:

• Certification in financial risk management or data analysis (e.g., FRM, or certifications in Power BI/Tableau) is a plus.

Please Submit your resume and a cover letter detailing your qualifications and experience to [email protected]. Include “Settlements and Reconciliations Officer” Application in the subject line.