Senior Specialist, Account Management and Reconciliation Nigeria

4 weeks ago


Lagos, Lagos, Nigeria First Bank Full time

JOB DESCRIPTION

  • 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.

Experience

  • 5-7 years of experience in Trade Services Reconciliation

Education

  • First Degree in Accounting and related discipline
  • Trade and Professional Certification as added advantage.


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