Settlement and Reconciliation Officer

Who we are

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

Qualifications

• 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.