Financial Control Officer Job at Personal Trust Microfinance Bank

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:

Job Position: Financial Control Officer
Job Location: Surulere, Lagos
Employment Type: Full Time

Job Summary

• The Financial Control Officer is responsible for reconciliation and settlement activities and will provide revenue assurance to the bank.

Duties and responsibilities

• Sending daily dashboard report to management
• Provide support to other finance teams as required
• Support end of day/month and year process
• Ensure daily reconciliation and posting 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 payment on e-channel accounts
• Reconcile bank statement 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 reconciling with terms and conditions in of the offer
• Develop and maintain business relations with payment partners
• Liaise with the settlement bank and payment processing companies on potential under-settlement and ensure resolution of issues identified in line with the company’s policies and procedures
• Advise the finance team of possible over-settlement for necessary provisions
• Maintain reconciliation records
• Rendition of monthly returns and processing of associated payments for FIRS, LIRS and PFAs within seven days of deduction
• Flexibility to carry out any other task as requested by Management

Qualifications

• HND / BSc / in Accounting, Economics or a related field with 1-3 years work experience
• Evidence of completion/ exemption of / from NYSC
• ICAN or ACCA qualification

Experience:

• Previous experience as a reconciliation/account officer

Skills:

• Organization and time management abilities
• Meticulous attention to detail and accuracy
• Ability to multi-task and meet tight deadlines
• Experience reconciling accounting figures and financial records
• Great analytical skills for decision making and problem-solving
• Strong client relationship management and customer service skills
• Team player with the ability to work with multiple parties
• Advanced computer software skills, including Microsoft excel

Method of Application
Interested and qualified candidates should send their CV to: recruitment@personaltrustmfb.com using "Financial Control Officer" as the subject of the mail.

Note: If you do not get a response from the Recruiter after 4 weeks of this publication, please note that your application was not successful.