Friday, September 14, 2018

Reconciliation & Settlements Manager at Transsnet Financial


Image result for Transsnet Financial
Transsnet Financial is launching game-changing fintech apps in the Nigerian market to help people transact, save and borrow money. Transsnet is a joint venture between Transsion, the manufacturers of smartphone brands used by over 30% of Africans, including Tecno, Infinix and Itel, and NetEase, one of China’s biggest internet companies.

We are recruiting to fill the position below:

Job Title: Reconciliation & Settlements Manager

Location: Ikeja, Lagos

Job Description

  • The Reconciliation and Settlements Manager will be responsible for the management and reconciliation of all financial activities for all the different Businesses with partner organizations.
  • The Reconciliation and Settlements Manager will be charged with but not limited to the following responsibilities:
    • Provide reconciliation and settlement support to the financial controller
    • Develop and maintain business relations with payment partners
    • Contribute to and maintain system standards within all Payment platforms
    • Ensure daily reconciliation of all transactions and provide daily/weekly reconciliation and settlement reports to the financial controller
    • Keep record of the relevant KPI’s for the businesses
    • Analysis and reporting of settlement/payment activities to the Financial controller
    • Develop business case and business models that may relate to the Company’s payment platform
    • Ensure accurate forecast on virtual wallet or float accounts to prevent stock out'
    • Documentation of processes, procedures, resolution guides etc for the reconciliation and settlement department
    • Monitor the reconciliation of income/fees with partners and ensuring value is transferred to the company’s account promptly
    • Continually evaluate and recommend best practice business process throughout payment value chain
    • Perform any other task as might be assigned by the departmen
Requirements
  • A Business related Bachelor's degree (or higher) preferably in Accounting or Finance from a recognized University. Master’s Degree is a plus
  • Over 4 years working experience in cards/mobile payment finance, fully integrated in all aspects of settlement and daily reconciliation process of which a minimum of 2 years must have been at a management level in Reconciliation and Settlement
  • Excellent communication, leadership, problem solving and analytical skills.
  • Strong strategic planning and execution skills.
  • Excellent financial analytical, organization and planning skills
  • Working knowledge of financial spreadsheet applications such as Excel
  • Experience working in a team oriented, collaborative environment.
  • Rapidly adapt and respond to changes in environment and priorities.
  • Excellent interpersonal skills, and be able to handle multiple tasks simultaneously.
  • Highly self-directed, a strong individual contributor and a strong team player.

Application Closing Date
Not Specified.

Method of Application 
Interested and qualified candidate should:

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