FINCA Zambia
FINCA Zambia
Posted Job
3 months ago

Payment and Reconciliations Officer

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FINCA is an International Microfinance Organization operating in 18 Countries around the world. We offer financial services to small and medium entrepreneurs so that they can create jobs, build assets and improve their standard of living. What sets FINCA apart is that we are “an unconventional financial institution” that treats everyone with warmth, is committed to Responsible Banking, and is focused on building Trusted Relationships. At FINCA we are not just interested in acquiring good talent, but those who will equally embrace our mission and can deliver on our brand promise.

The payment and Reconciliations Officer is a member of Banking Services under the Payment & Reconciliation Unit and is primarily tasked with executing settlement, reconciliation of payment transactions, and general account proofing to ensure the institution receives timely and appropriate values while minimizing payment exposures.

Essential duties and responsibilities

  • Reconciliation of all settlement transactions using the transaction/settlement reports to ensure appropriate values are received by the bank as and when due.
  • To coordinate all bank reconciliation activities encompassing the finance department on all borrowings, investments, and loans.
  • Ensure accurate and timely reconciliation of Agency banking transactions, MTN, AIRTEL wallet2bank, and Bank2wallet.
  • Investigate and follow up on all unreconciled items on Push & Pull transactions.
  • Assist with liaising with MNOs on disputed transactions and reversals and follow through to full resolution.
  • Ensure that transactions done on POS/Mobile Platform are correctly replicated in the Core Banking System.
  • Systematically investigate suspense accounts of the general ledger and ensure timely clearance of such accounts.
  • Ensure that misposted transactions are reversed and corrected respectively to prevent operational, legal, and reputation risk.

Qualifications

  • Bachelor’s Degree or Advanced Diploma Accounts or any Business related Course
  • Minimum 1-year reconciliation work experience in the financial/banking sector.
  • High proficiency in Microsoft, Excel, Word, Powerpoint and Visio.

If you meet the set criteria and would need to be considered for the above-mentioned position, you are encouraged to submit your credentials to the provided email address.

Method of Application

To apply for this job email your details to the email address below.

Application deadline
31 Aug 15:00
FINCA Zambia image
FINCA Zambia
Lusaka
Business loans
Savings products
Other services
FINCA Zambia is a subsidiary of FINCA International, a global micro finance network that offers financial services and products to small scale businesses. FINCA helps its clients achieve their life goals conveniently to build a business, acquire assets, improve their living conditions or invest. The company provides well-designed, responsible, and affordable products including micro and small business loans, credit lines, savings, transactional services and more. For your convenience, FINCA has a secure mobile banking service and over 75 express agents.