Financial Reconciliation
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
- Daily Transaction Completeness Check ensuring that all financial transactions qualified for settlement are settled completely
- Daily monitoring of entries in bank accounts for quick and early resolution
- Daily Validation Check to provide assurance that all settled scheme-bounded transactions were sent to relevant schemes for all acquirers.
- Collection Accounts reconciliation (NIS FRSC collections etc.)
- Monthly reconciliation of all Domiciliary Bank Accounts; ensuring that all Domiciliary Bank account balances are reconciled to the GL each month
- Monthly Local Bank Account Reconciliation ensuring that all local Bank account balances are reconciled to the GL each month
- Daily Agents Accounts Monitoring and Reporting
- PayAttitude Global Ltd Accounting functions (Receivables Payments Asset Management etc.)
- NIP and Payarena daily reconciliation
- Responsibility for bank correspondences: managing and opening bank accounts
- Liaising and working with external auditors/tax auditors
- Tax management for PayAttitude Global Ltd: Ensuring that Tax obligations (VAT WHT & PAYE etc.) are met within the period specified by the relevant tax laws filling of annual returns and payment of company income Tax preparation and submission of PAYE annual returns
- Fixed Asset Calculation Proofing/Reconciliation
- Delegated tasks: Performing any other tasks as may be assigned from time to time.
- Stakeholders Amount validation: to provide assurance that settled transaction amounts agree with what ought to be settled.
- Short-Term Investment Management: Investment income computation and tracking and other treasury activities.
- Monitoring and Reporting Liquidity Position funding of operations and investment of excess funds.
- Payrolls staff pension and loans repayment administration the
- GL reviews and proofing for assigned accounts
- Preparation of Management Accounts
- Staff supervision.
KEY PERFORMANCE INDICATORS
- 100% accuracy and integrity of GL data and financial information.
- Timeliness of Reports
- 100% documentation
Education Qualification:
- First degree in Accounting or any numerate subject.
- Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.
Experience:
- Have a minimum of 10 years post-NYSC cognate experience.
Knowledge
- Excellent knowledge of cost and financial accounting principles practices and procedures.
- Working knowledge of International Financial Reporting Standards
- Knowledge of supervisory practices and principles. Knowledge of Card Payment industry.
Skill/Competencies
- Demonstrate ability to cope with pressure and meet deadlines.
- High degree of accuracy.
- Deductive reasoning abilities and eye for details.
- Strong interpersonaland communication skills
- Advanced Excel user.
Key Skills
- Financial Services
- Financial Models
- Account Management
- General Ledger Accounts
- ERP
- Payroll
- External Auditors
- Customer Relationships
- Credit Card
- Financial Statements
- Business Units
- Annual Budget
- Income
- New Clients
- Financial Management
About Company
UP® otherwise known as Unified Payments or Unified Payment Services Limited is a group of companies with services including Financial Technology, Banking, Payment Scheme, Digital Commerce, Value Added Service, Payment Solutions, Software Solutions, etc. The UP® Group comprises (i) UP® ... View more
