Account Reconciliation Officer At Fatgbems Petroleum Company Limited

Fatgbems Petroleum Company Limited

Lagos, nigeria

Job Summary The Account Reconciliation Officer will be responsible for ensuring the accuracy and completeness of the company's financial records through timely reconciliation of bank accounts, customer accounts, supplier accounts, general ledger accounts, and other financial balances. The role will identify discrepancies, investigate variances, and ensure appropriate corrections are made in line with company policies and accounting standards. Key Responsibilities Perform daily, weekly, and monthly reconciliation of bank accounts and other financial accounts. Reconcile customer and supplier accounts and investigate outstanding balances. Compare accounting records with bank statements, invoices, receipts, payment records, and other supporting documents. Identify and investigate discrepancies, unusual transactions, and unreconciled items. Follow up with relevant departments and stakeholders to resolve reconciliation issues promptly. Prepare reconciliation statements and schedules for management review. Ensure all reconciling items are properly documented, investigated, and cleared within agreed timelines. Review general ledger accounts to ensure accuracy and completeness of postings. Assist in identifying duplicate, missing, or incorrectly posted transactions. Maintain proper documentation and audit trails for all reconciliations. Support month-end and year-end closing activities. Assist with audit exercises by providing reconciliation schedules and supporting documents. Monitor outstanding items and prepare periodic reports on unresolved balances. Ensure compliance with company accounting policies, procedures, and applicable accounting standards. Perform other accounting and reconciliation duties as assigned by management. Required Qualifications B.Sc. / HND in Accounting, Finance, Economics, or a related field. ICAN qualification or ATS certification is required. 5 -10 years of relevant experience in accounting, reconciliation, audit, or financial operations. Strong knowledge of accounting principles and financial reporting. Proficiency in Microsoft Excel and accounting/ERP software. Experience handling high-volume financial transactions and reconciliations. Strong analytical and problem-solving skills. High level of accuracy and attention to detail. Good communication and follow-up skills. Ability to work independently and meet strict deadlines. Experience in the downstream oil and gas industry will be an added advantage.

2 days ago

Reconciliation Officer At Lovonus Microfinance Bank

Lovonus Microfinance Bank

All, nigeria

full-time

We are seeking a detail-oriented, highly analytical, and reliable Reconciliation Officer to join our Operations/Finance team. The successful candidate will be responsible for ensuring the accuracy and integrity of our financial transactions through daily, weekly, and monthly reconciliations. You will identify variances, investigate discrepancies, and liaise with internal teams and external institutions to ensure seamless resolution. Key Responsibilities Perform daily reconciliation of bank statements, core banking/system transaction logs, clearing accounts, and third-party payment gateway feeds (e.g., NIBSS, Interswitch, Remita, card processors). Identify, track, and investigate transaction variances, un-cleared items, outstanding items, and unexplained ledger differences. Maintain an updated reconciliation exception log, driving timely resolution with relevant internal departments, correspondent banks, or switching platforms. Monitor general ledger (GL) suspense and clearing accounts to prevent long-outstanding balances and ensure zero revenue leakage. Prepare and submit accurate daily, weekly, and monthly reconciliation status reports to management and regulatory control functions. Continuously assess reconciliation workflows and recommend automated or streamlined processes to mitigate operational risks. Assist internal/external auditors and regulatory compliance officers during routine examinations by providing requested reconciliation files and documentation. Requirements & Qualifications Bachelor's degree (B.Sc.) or HND in Accounting, Finance, Economics, Banking & Finance, or a related discipline. Minimum of 2 - 4 years of proven experience as a Reconciliation Officer, Settlement Officer, or FinTech/Banking Operations Officer. Proficiency in core banking applications (CBAs) or ERP systems. Strong mastery of Microsoft Excel (VLOOKUP, Pivot Tables, XLOOKUP, advanced formulas). Familiarity with electronic settlement channels, card processing, and NIBSS instant payment (NIP) clearing processes. ACCA, ACA, or CIBN certification (or in progress) is an added advantage. Key Competencies Exceptional analytical, numeric, and problem-solving skills. High attention to detail and zero tolerance for unresolved ledger variances. Strong communication skills for cross-departmental coordination and bank liaisons. Ability to work effectively under pressure and meet tight daily operational cut-off times.

5 days ago

Reconciliation Specialist At 247bet

247Bet

Lagos, nigeria

full-time

Role Description This is a full-time hybrid role for a Senior Reconciliation Officer, based in Lagos hybrid, with 3 days per week in the office. In a betting business, money moves constantly deposits in, withdrawals out, bets, winnings, bonuses, and fees across multiple payment providers and bank accounts. Your job is to prove, daily, that every naira is accounted for: platform wallet balances versus payment gateway records versus bank statements. Discrepancies are found fast, investigated to root cause, and closed. This is a detail-obsessed role for someone with strong reconciliation experience in a high-volume transaction environment, who treats an unexplained variance as unacceptable rather than tolerable. What You'll Do Perform daily three-way reconciliation across the platform wallet ledger, payment gateway reports, and bank statements Reconcile deposits, withdrawals, chargebacks, reversals, provider fees, and settlement batches across all payment providers Investigate discrepancies to root cause timing differences, failed webhooks, duplicate credits, provider errors and drive them to resolution Maintain a clear breaks log with ageing, ownership, and resolution status, and escalate material items immediately Work with engineering to diagnose systemic reconciliation issues and improve automated matching Reconcile bonus, promotion, and adjustment entries against approvals Support month-end close with reconciled cash and wallet liability positions Document reconciliation procedures and controls, and support internal and external audit requests Monitor payment provider performance success rates, settlement timeliness, fee accuracy and flag anomalies Produce daily and weekly reconciliation reporting for finance leadership What We're Looking For 4+ years of reconciliation experience in a high-volume environment fintech, payments, banking, or betting/gaming Hands-on experience reconciling across payment gateways/PSPs and bank accounts in Nigeria Advanced Excel/Google Sheets skills; comfort handling large transaction datasets Working SQL knowledge, or a strong willingness to learn it quickly you'll query transaction data directly A methodical, sceptical mindset: you verify rather than assume, and you don't close a break you can't explain Understanding of double-entry principles and how wallet/ledger systems work Clear documentation habits and comfort working to daily deadlines A Bachelor's degree in Accounting, Finance, or a related fieldNice to Have Experience in a betting or gaming operator's finance or payments team Familiarity with Nigerian PSPs and their settlement/reporting behaviours Experience with automated reconciliation tools or building matching logic Exposure to BI tools (Metabase, Power BI) for reporting Part-qualified ICAN/ACCA

13 days ago

Settlement And Reconciliation Officer At Avetium Consult Limited

Avetium Consult Limited

Lagos, nigeria

full-time

Responsibilities Transaction Matching: Verify that incoming and outgoing transaction records from back-office systems match subsidiary ledgers. Dispute Resolution: Investigate discrepancies ("breaks") and resolve electronic transfer and payment issues with banks and partners. Account Balancing: Forecast and balance daily movements on bank accounts using advanced spreadsheets. Reporting: Assist with month-end and year-end closes while preparing management reports. Requirements Bachelor's degree in Finance, Accounting, or a related field. Minimum of 2 years of experience as a settlement and reconciliation officer Advanced proficiency in Microsoft Excel, ERPs, and accounting software. High mathematical aptitude, attention to detail, and analytical problem-solving capabilities.

18 days ago

Card Reconciliation Officer At Renmoney

Renmoney

Lagos, nigeria

full-time

Key Responsibilities Card Transaction Reconciliation Perform daily reconciliation of card transactions across all payment channels, including: POS Transactions ATM Transactions Web/IPG Transactions Credit Card Transactions Agency Banking Transactions Other Digital payments transactions Reconcile transactions between: Mambu Card Management System Payment Switches (Interswitch, Mastercard, etc.) Settlement Banks Internal General Ledger accounts Ensure all reconciliation activities are completed within the approved Service Level Agreements (SLAs). General Ledger Reconciliation Reconcile all card-related General Ledger (GL) accounts on a daily basis. Monitor outstanding balances and investigate unreconciled items. Ensure suspense and settlement GLs are cleared promptly. Maintain reconciliation schedules and supporting documentation. Exception Management Investigate and resolve reconciliation breaks and settlement discrepancies. Track aged outstanding items until resolution. Escalate unresolved exceptions in accordance with established procedures. Coordinate with internal and external stakeholders to resolve exceptions within agreed timelines. Settlement Validation Validate settlement reports received from payment schemes, payment switches, and settlement banks. Confirm settlement amounts agree with transaction processing records. Identify duplicate settlements, missing settlements, failed settlements, and settlement variances. Monitor settlement timelines and ensure prompt escalation of delays. Reporting Prepare and distribute: Daily Card Reconciliation Report Outstanding Reconciliation Items Report Settlement Exception Report GL Reconciliation Report Aged Outstanding Items Report Monthly Management Reconciliation Dashboard Operational Loss Report (where applicable) Operational Risk & Control Ensure compliance with approved reconciliation procedures and internal control standards. Identify operational control weaknesses and recommend improvements. Maintain complete audit trails for all reconciliation activities. Report operational incidents, control breaches, and suspected fraudulent activities promptly. Process Improvement Recommend automation opportunities for reconciliation activities. Participate in User Acceptance Testing (UAT) for new card products and system enhancements. Contributes to the continuous improvement of reconciliation processes and controls. Requirements Experience Minimum of 2 - 4 years' experience in Banking Operations, Card Operations, Reconciliation, Settlement, Finance Operations, or Electronic Payments. Experience in card reconciliation within a commercial bank, fintech, or payment service provider is an added advantage. Technical Knowledge Good understanding of card transaction lifecycle and settlement processes. Knowledge of payment schemes such as Interswitch, Mastercard, NIBSS Understanding of General Ledger reconciliation. Knowledge of electronic payment operations. Familiarity with Core Banking Systems (e.g., Mambu) is an advantage. Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and data analysi

a month ago

Reconciliations Officer At Stanbic Ibtc

Stanbic IBTC

Lagos, nigeria

full-time

Job Description The reconciliation officer is responsible for handling resolution related transactions with high level of integrity and ethical standards, in an effective and efficient manner to achieve customer satisfaction. Team member will be responsible for ensuring that uploads are accurately reconciled daily and transfer instructions sent out to the custodian for treatment. The position of all the accounts should also be accurately reconciled to prevent differences. Reports for the Commission and evidence of payments instructions for requesting employers are also treated by this officer. The reconciliation team reconciles not uploaded contributions and advises that they should be uploaded into TCF or UCR. Qualifications Type of Qualification: BSc Field of Study: Any social science related discipline Experience Required: 1-2 years Basic knowledge of transaction processing workflow and control processes, and general knowledge of pension's matters. Additional Information: Behavioural Competencies: Competency Label: Generating Ideas Competency Label: Following Procedures Competency Label: Taking Action Competency Label: Checking Details Technical Competencies: Competency Label: Resolution Processing Competency Label: Client Engagement/Industry knowledge Competency Label: Processing

a month ago

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