Financial Control Officer at Personal Trust Microfinance Bank Limited

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:

Job Title: Financial Control Officer

Location: Surulere, Lagos
Employment Type: Full Time

Job Summary

The Financial Control Officer is responsible for reconciliation and settlements activities and will provide revenue assurance to the bank.

Duties and responsibilities

Ensure daily reconciliation and posting of all of all transactions and provide daily/weekly reconciliation and settlement reports
Support the E-business team in resolving settlement and reconciliation matters
Monitor income/fees and ensure value is promptly transferred to the bank
Verify the incoming and outgoing payment on e-channel accounts
Reconcile bank statement with entries in the bank ledger on a daily/weekly/monthly basis and present the reconciliation reports
Prepare daily and weekly report on over/under-settlement of transactions
Identify, follow up and investigate unreconciled transactions or discrepancies to enable prompt resolutions
Liaising regularly with various bank account officers on issues relating to direct debits, standing orders, unidentified credits and charges from time to time.
Monitors the deduction on loan and facilities with various banks and reconciling with terms and conditions in of the offer
Develop and maintain business relations with payment partners
Liaise with the settlement bank and payment processing companies on potential under-settlement and ensure resolution of issues identified in line with the company’s policies and procedures
Advise the finance team of possible over-settlement for necessary provisions
Maintain reconciliation records
Rendition of monthly returns and processing of associated payments for FIRS, LIRS and PFAs within seven days of deduction
Sending daily dashboard report to management
Provide support to other finance team a required
Support end of day/month and year process
Flexibility to carry out any other task as requested by Management

Qualifications

HND / BSc / in Accounting, Economics or a related field with 1-3 years work experience
Evidence of completion/ exemption of / from NYSC
ICAN or ACCA qualification

Experience: