Settlement and Reconciliation Officer

About the role

Moniepoint is an all-in-one financial services platform for emerging markets and the second-fastest growing company in Africa. Since 2019, Moniepoint's technology has powered over 3 million people, offering personal and business banking, payment, credit and business management tools to help them succeed. Moniepoint processed $182 billion in 2023, and currently processes the majority of the POS transactions in Nigeria.

Responsibilities

• Review of account statements and settlement reports.
• Upload of settlement reports
• Generation of settlement entries
• Review of expectations when not available and appropriate escalation
• Review of exceptions (items outstanding post reconciliation; that is a comparison of internal expectations with statements/settlement entries).
• Escalation of exceptions to the Product teams/Banks.
• Ensure no loss of funds.
• Detect and escalate any loss of funds to all stakeholders promptly

Requirements

• Minimum of a degree from a reputable institution
• At least 2 to 4 years experience in a settlement and reconciliation role
• Microsoft Excel skills
• Essential Skill/Qualities
• Understanding of payment industry transaction dynamics
• Ability to work with massive data set
• Attention to details
• Understanding of reconciliation
• What we can offer you
• Culture - We put our people first and prioritize the well-being of every team member. We've built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human.
• Learning - We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks.
• Compensation - You'll receive an attractive salary, pension, health insurance, annual bonus, plus other benefits.
• What to expect in the hiring process
• A preliminary phone call with one of our recruiters
• A panel technical interview with our Product Leads
• A behavioural and technical interview with a member of the Executive team.

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