Payment and Reconciliations Officer job at FINCA Zambia
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Vacancy title: Payment and Reconciliations Officer

[ Type: FULL TIME , Industry: Banking , Category: Commercial Banks ]

Jobs at:

FINCA Zambia

Deadline of this Job:
31 August 2022  

Duty Station:
Within Zambia , Lusaka , South - Central Africa

Summary
Date Posted: Thursday, August 25, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
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, 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.
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 finance department on all borrowings, investments and loans.
• Ensure accurate and timely reconciliation of Agency banking transaction, MTN,AIRTEL wallet2bank and Bank2wallet.
• Investigate and follow up of 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 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.
FINCA, an equal opportunity Employer!!

Work Hours: 8


Experience in Months: 12

Level of Education:
Bachelor Degree

Job application procedure
To apply for this job email your details to ZM_HR@finca.co.zm 



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Job Info
Job Category: Banking/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: 31 August 2022
Duty Station: Lusaka
Posted: 25-08-2022
No of Jobs: 1
Start Publishing: 25-08-2022
Stop Publishing (Put date of 2030): 25-08-2066
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