Bank Reconciliation Officer Job at LemFi (YC S21)

LemFi (YC S21) is building the neobank for African diaspora in North America & Europe. We provide our users with a multi-currency account that allows them to hold, send, and receive money from Africa in any currency for their business and personal banking needs. We are a fast-paced startup with entities in the UK, USA, Canada and Nigeria and you would be required to familiarize yourself with necessary statutory and regulatory requirements in these locations.

We are recruiting to fill the position below:

Job Position: Bank Reconciliation Officer

Job Location: Nigeria
Employment Type: Full time

About The Role


  • You are a candidate who would thrive in a fintech startup environment like ours, where we readily accept individuals with a humble, yet uplifting attitude alongside a diligent sense of work ethic.
  • The teams here at Lemonade Finance are passionate about their work and fields of expertise, but also lend hands on cross-functional responsibilities to ensure the success of the company and the satisfaction of our clientele.

What You’ll Be Doing

  • The role of the Bank Reconciliation Officer, Nigeria, is a fully remote position within LemFi’s Finance team.
  • In this role, you should have a demonstrated knowledge of Accounting and IFRS best practices with, at minimum, 2 years relevant experience in the finance industry.

Responsibilities Are As Follows

  • Ensure daily reconciliation of all bank accounts within the company.
  • Ensure daily reconciliation of inter account fund movements within the company.
  • Ensure all GL entries are backed up with documentation and approvals.
  • Work closely with the Finance and Reconciliation team to ensure prompt resolution of all outstanding items.
  • Ensure prompt posting of all bank related transactions.
  • Sending periodic summary statements of accounts movements to the Financial Accountant
  • Engage in cross-functional responsibilities and assist the Financial Controller where needed.

Requirements

  • Bachelor's Degree in finance, Accounting, or any related discipline.
  • Minimum of 2 years of relevant experience in an accounting role at a FinTech or financial institution.
  • Professional certification such as ACCA, ICAN or relevant qualification will be an added advantage.
  • Strong knowledge of IFRS
  • Understanding of the local and global financial services industry.
  • Excellent mathematical and statistical skills.

Salary
N6,000,000 - N7,200,000 / Annum.