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Senior Specialist, Accounts and Reconciliation

4 months ago

Lagos, Lagos, Nigeria First Bank of Nigeria Limited Full time

ABOUT THE COMPANY

First Bank of Nigeria Limited, is a Nigerian multinational bank and financial services company headquartered in Lagos Nigeria. It is the premier bank in West Africa with its impact woven into the fabric of society.

JOB SUMMARY

Educational Qualification and Experience First Degree in Accounting and related discipline Trade and Professional Certification as added advantage. 5-7 years of experience in Trade Services Reconciliation.

RESPONSIBILITIES

Develop account management and reconciliation procedures and framework that are sustainable and enduring for maintenance of clean books for the bank. Provides operational lead for management and reconciliation of all Nostro, Vostro, General Ledgers, Receivables, Payables and Suspense accounts for Trade and Payment Department Develop and maintain account management and reconciliation relationships with external and internal partners and clients of the bank on Trade Transactions and Obligations. Provides operational lead for reconciliation of Clients' Trade Obligations. Provides operational lead for daily reconciliation of the FX Blotter Monitor, track, and render weekly/monthly and periodic Trade Obligation report to the client and management team of the bank. Liaise with Internal Control, BPM, GRU and FINCON on account management and reconciliation matters for assurance of clean books for the bank. Management and reporting of reconciliation activities for the organization in lines with the standard and best practice. Coordinate and Participate in projects relating to the enhancement of reconciliation capabilities / processes Timely performance of daily/monthly and periodic reconciliations of Trade and Payment accounts Prompt escalation of reconciliation outages at the various level of escalation hierarchy till closure. Maintain & document reconciliation process, procedures and outcome for historical access, records, and unimpeded reconciliation framework. Setting clear expectations and consistently providing information, training, resources, feedback, coaching and recognition that help employees improve their performance.

REQUIRED SKILLS

Accounting, Corporate finance, Financial analysis, Financial reporting, Financial controlling, Planning

REQUIRED EDUCATION

Bachelor's degree