Reconciliation Officer Job at Princeps Credit Systems Limited

The Princeps Credit Systems Limited is a subsidiary of Princeps Holdings Limited. Today, it is positioned to become Africa’s foremost provider in consumer financial services, with one of its product being Creditwallet, a brand with a vision to make borrowing experience stress-free for every salaried worker in Africa by providing quick and easy access to loans with high quality service.

We are recruiting to fill the position below:

Job Position: Reconciliation Officer

Job Location: Lagos
Employment Type: Full-time

Job Role


  • We are seeking a talented and motivated Talent and Performance Management Officer to join our growing team. In this role, you will play a key role in attracting, developing, and retaining top talent, ensuring that our employees are engaged and performing at their best.
  • You will partner with various teams across the organization to implement effective talent management strategies and processes, from recruitment and onboarding to performance management and development.

Our Budget:

  • Bank Reconciliation: Regularly reconcile the company's bank statements and internal records to ensure all transactions are accurately recorded while identifying and investigating discrepancies.
  • Transaction Verification: Verify the accuracy of sales or financial transactions by comparing supporting documentation, receipts, and invoices with accounting entries; to ensure compliance with company policies and accounting standards.
  • Record Maintenance: Maintain detailed and organized records of reconciliations, supporting documents, and related correspondence.
  • Reporting: Prepare and present regular reconciliation reports to management, highlighting any outstanding issues or concerns. Provide insights into financial discrepancies and contribute to the improvement of accounting processes. Provide clear documentation for audit purposes and internal control.
  • Account Reconciliation: Reconcile various general ledger accounts, including but not limited to, accounts payable, accounts receivable, and other balance sheet accounts. Investigate and resolve any discrepancies found during the reconciliation process.
  • Compliance: Stay informed about changes in accounting regulations and standards. Ensure compliance with relevant laws and regulations in all reconciliation activities.

Qualifications

  • Bachelor's Degree in Accounting, Finance, or a related field.
  • Strong analytical and problem-solving skills.
  • Proficient in using accounting software and Microsoft Excel.
  • Excellent communication and interpersonal skills.
  • Attention to detail and a high level of accuracy.
  • Knowledge of accounting principles and practices.
  • Ability to work independently and as part of a team.

Job Benefits

  • Competitive Salary: We know competitive pay is essential. That's why we offer salaries that stand out, reflecting both industry benchmarks and your individual value.
  • Health Insurance: We provide comprehensive health insurance benefits to ensure the well-being of our employees. Our health insurance plan encompasses a range of medical services, offering financial security and support for your healthcare needs.
  • Performance Bonus: We recognize and reward our employees who have performed exceptionally well, our periodic performance bonuses reward employees and teams who have gone over and beyond to achieve their individual and team goals. 
  • Year-End 13th Month Bonus: As part of our commitment to recognizing and appreciating the hard work and dedication of our employees, we provide an additional financial benefit in the form of a 13th-month salary. This year-end bonus is one way we acknowledge and appreciate our employees for their commitment all year long.
  • Leave Allowance: We acknowledge the significance of our employees taking breaks for rejuvenation. Alongside the annual leave entitlement, we offer leave allowance to ensure our employees enjoy their annual leave to the fullest.
  • Employee Investment Advantage: We offer our people the opportunity to invest in the company with a special advantage - the privilege of enjoying a higher interest rate on their investments compared to external individuals. This exclusive benefit is designed to empower our team members and align their financial success with the success of the company