RECONCILIATION OFFICER (BANK SETTLEMENT ACCOUNTS) AT DIGITVANT MICROFINANCE BANK

About Company:

Digitvant Microfinance Bank - We offer a comprehensive digital banking experience, featuring savings, loans, fund transfers, and online payments via our website and App. Our platform allows customers to manage their finances efficiently and access a wide range of personalised services to meet evolving needs.

We are recruiting to fill the position below:

Job Description:

• The Reconciliation Officer is responsible for reconciling bank settlement accounts, investigating discrepancies, and ensuring the accuracy of financial records.
• This role requires strong analytical skills, attention to detail, and proficiency in financial software and systems.

Responsibilities

• Reconcile bank settlement accounts with the bank's records, identifying and resolving discrepancies.
• Investigate and resolve discrepancies in bank settlement accounts, including errors or irregularities.
• Maintain accurate and up-to-date financial records, including ledgers and journals.
• Utilize financial software and systems to automate reconciliation processes, where possible.
• Analyze and resolve exceptions identified during the reconciliation process.
• Prepare and submit reports on reconciliation activities, including exception reports and variance analyses.
• Collaborate with other departments, including finance, accounting, and operations, to ensure seamless financial transactions.
• Manage a high volume of bank settlement accounts and reconciliations.

Requirements:

• Bachelor's degree in Accounting, Finance, Computer Science, or related field.
• Experience: Minimum 2-3 years experience in Reconciliation, Accounting, or Finance preferably in a Microfinance bank or banking environment.
• Certifications: Professional certifications such as ACCA or ICAN, are an advantage.

Performance Metrics:

• Reconciliation Accuracy: Reconciliations completed accurately and on time.
• Discrepancy Resolution: Discrepancies resolved promptly and efficiently.
• Process Efficiency: Implementation of automated reconciliation processes and reduction of manual errors.

Qualifications and Skills:

• Financial Software: Proficiency in financial software such as Core banking systems
• Data Analysis: Ability to analyze and manipulate large datasets using tools like; Excel
• Data visualization tools (e.g., Tableau, Power BI)
• System Integration: Knowledge of system integration and API connectivity.
• Analytical Skills: Strong analytical and problem-solving skills.
• Attention to Detail: Meticulous attention to detail and accuracy.
• Communication: Effective communication and interpersonal skills.
• Time Management: Ability to prioritize tasks and meet deadlines.

Salary

Application Closing Date: 31st July, 2025

Application Instructions:

Interested and qualified candidates should submit their CV to: hr@digitvant.com using the Job Title as the subject of the email.