Job Summary
The Accountant is responsible for reconciliation and settlement activities and will provide revenue assurance to the bank
Responsibilities
– Ensure daily reconciliation and posting of all of all transactions and provide daily/weekly reconciliation and settlement reports.
– Support the E-business team in resolving settlement and reconciliation matters.
– Monitor income/fees and ensure value is promptly transferred to the bank.
– Verify the incoming and outgoing payments on e-channel accounts.
– Reconcile bank statements with entries in the bank ledger on a daily/weekly/monthly basis and present the reconciliation reports.
– Prepare daily and weekly report on over/under-settlement of transactions.
– Identify, follow up and investigate unreconciled transactions or discrepancies to enable prompt resolutions.
– Liaising regularly with various bank account officers on issues relating to direct debits, standing orders, unidentified credits and charges from time to time.
– Monitors the deduction on loan and facilities with various banks and reconciles with terms and conditions in of the offer.
– Liaise with the settlement bank and payment processing companies on potential under-settlement and ensure the resolution of issues identified in line with the company’s policies and procedures.
– Ensure timely preparation and fair presentation of accounting records, financial statements and tax/statutory withholding returns in accordance with internal procedures and policies, IFRS accounting standards and all applicable regulatory requirements and avail financial reports and records to Management, the Board or other stakeholders as required.
– Ensures timely preparation of ALCO, Liquidity and Cash reports.
– Maintain ownership over accuracy and completeness of all reconciliations, internal reports and external party reports.
– Maintain reconciliation records.
– Sending daily dashboard report to management.
– Support end of day/month and year process.
– Carry out any other task as requested by Management
Job Requirements
– HND / B.Sc. in Accounting, Economics or a related field.
– Evidence of completion/ exemption of/from NYSC.
– ICAN or ACA qualification.
– Bachelor’s Degree in Accounting/Finance from a reputable University.
– At least 2-3 years of experience in internal auditing, financial verification, or accounting, preferably in the banking or microfinance sector.
– Experience in a Microfinance bank setting in related role is an added advantage.
– Knowledge of banking operations, microfinance regulations, and financial management
To apply send your resume and cover letter to cnwabueze@hytng.com with “Assistant Accountant ” as the subject line.
