Settlements and Reconciliations Officer
2025-05-12T11:10:02+00:00
Bridging Gap Solutions Limited (BGS)
https://cdn.greatzambiajobs.com/jsjobsdata/data/employer/comp_5567/logo/Bridging%20Gap%20Solutions%20Limited%20(BGS).jpg
https://www.bgsgroup.co.zm/
FULL_TIME
Lusaka
Lusaka
10101
Zambia
Consulting
Management
2025-05-26T17:00:00+00:00
Zambia
8
Are you detail-oriented, analytical, and passionate about ensuring financial accuracy in a fast-paced environment? We are seeking a dedicated Settlements and Reconciliations Officer to join our dynamic team.If you thrive in a collaborative environment and have a strong foundation in fintech, banking, or payments, we invite you to bring your skills and grow with us.
Responsibilities of the Role
Candidate should demonstrate experience in handling the key duties, including:
- Reconciling transaction data between internal systems, banks, and partners.
- Managing daily and periodic settlement processes.
- Identifying and resolving discrepancies in accounts promptly.
- Preparing reports for management and regulatory submissions.
- Ensuring compliance with all applicable financial regulations.
Key Skills and Attributes
- Attention to Detail: Ability to spot errors and inconsistencies in financial data.
- Analytical Skills: Strong ability to analyze transaction trends and resolve discrepancies.
- Communication Skills: Capability to liaise with internal teams, financial institutions, and regulators effectively.
- Problem-Solving: Quick and efficient resolution of settlement issues and reconciliation challenges.
- Time Management: Meeting strict settlement timelines and managing multiple reconciliations simultaneously.
- Team Collaboration: Ability to work cross-functionally with operations, finance, and
Qualifications
Educational Background:
- Bachelor’s degree in Accounting, Finance, Economics, or a related field.
- Professional certifications such as ACCA, CIMA, or CPA are highly desirable.
Technical Skills:
- Proficiency in financial reconciliation tools and accounting software (e.g., QuickBooks, Xero, or SAP).
- Advanced knowledge of Microsoft Excel (e.g., pivot tables, VLOOKUP, and macros).
- Familiarity with payment platforms, financial systems, and fintech reconciliation tools.
Regulatory Knowledge:
Understanding of financial regulations and compliance requirements, such as AML/CFT guidelines and local payment settlement rules.
Familiarity with central bank regulations governing fintech operations.
Work Experience:
- 2–5 years of experience in settlements, reconciliations, or a related role in banking, payments, or fintech.
- Experience in working with payment systems (e.g., SWIFT, ACH, mobile money, or payment aggregators) is a strong advantage.
Reconciliation Experience:
- Proven experience in reconciling high volumes of transactions across multiple payment channels (e.g., USSD, mobile apps, card payments).
- Familiarity with chargebacks, refunds, and dispute resolution processes.
Settlement Management:
- Hands-on experience in managing settlement cycles, fund transfers, and coordinating with banks or financial institutions.
Additional Desirable Qualifications
Experience in Fintech or Startups:
- Familiarity with the fast-paced nature of fintech startups and the ability to adapt quickly to changing priorities.
Technical Understanding:
- Basic understanding of APIs and how fintech platforms integrate with financial systems.
- Exposure to financial technologies like blockchain or cryptocurrency (optional but advantageous).
Certifications:
- Certification in financial risk management or data analysis (e.g., FRM, or certifications in Power BI/Tableau) is a plus.
Responsibilities of the Role Candidate should demonstrate experience in handling the key duties, including: Reconciling transaction data between internal systems, banks, and partners. Managing daily and periodic settlement processes. Identifying and resolving discrepancies in accounts promptly. Preparing reports for management and regulatory submissions. Ensuring compliance with all applicable financial regulations. Key Skills and Attributes Attention to Detail: Ability to spot errors and inconsistencies in financial data. Analytical Skills: Strong ability to analyze transaction trends and resolve discrepancies. Communication Skills: Capability to liaise with internal teams, financial institutions, and regulators effectively. Problem-Solving: Quick and efficient resolution of settlement issues and reconciliation challenges. Time Management: Meeting strict settlement timelines and managing multiple reconciliations simultaneously. Team Collaboration: Ability to work cross-functionally with operations, finance, and
Additional Desirable Qualifications Experience in Fintech or Startups: Familiarity with the fast-paced nature of fintech startups and the ability to adapt quickly to changing priorities. Technical Understanding: Basic understanding of APIs and how fintech platforms integrate with financial systems. Exposure to financial technologies like blockchain or cryptocurrency (optional but advantageous). Certifications: Certification in financial risk management or data analysis (e.g., FRM, or certifications in Power BI/Tableau) is a plus.
Educational Background: Bachelor’s degree in Accounting, Finance, Economics, or a related field. Professional certifications such as ACCA, CIMA, or CPA are highly desirable. Technical Skills: Proficiency in financial reconciliation tools and accounting software (e.g., QuickBooks, Xero, or SAP). Advanced knowledge of Microsoft Excel (e.g., pivot tables, VLOOKUP, and macros). Familiarity with payment platforms, financial systems, and fintech reconciliation tools. Regulatory Knowledge: Understanding of financial regulations and compliance requirements, such as AML/CFT guidelines and local payment settlement rules. Familiarity with central bank regulations governing fintech operations. Work Experience: 2–5 years of experience in settlements, reconciliations, or a related role in banking, payments, or fintech. Experience in working with payment systems (e.g., SWIFT, ACH, mobile money, or payment aggregators) is a strong advantage. Reconciliation Experience: Proven experience in reconciling high volumes of transactions across multiple payment channels (e.g., USSD, mobile apps, card payments). Familiarity with chargebacks, refunds, and dispute resolution processes. Settlement Management: Hands-on experience in managing settlement cycles, fund transfers, and coordinating with banks or financial institutions.
JOB-6821d70aa2cc3
Vacancy title:
Settlements and Reconciliations Officer
[Type: FULL_TIME, Industry: Consulting, Category: Management]
Jobs at:
Bridging Gap Solutions Limited (BGS)
Deadline of this Job:
Monday, May 26 2025
Duty Station:
Lusaka | Lusaka | Zambia
Summary
Date Posted: Monday, May 12 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Are you detail-oriented, analytical, and passionate about ensuring financial accuracy in a fast-paced environment? We are seeking a dedicated Settlements and Reconciliations Officer to join our dynamic team.If you thrive in a collaborative environment and have a strong foundation in fintech, banking, or payments, we invite you to bring your skills and grow with us.
Responsibilities of the Role
Candidate should demonstrate experience in handling the key duties, including:
- Reconciling transaction data between internal systems, banks, and partners.
- Managing daily and periodic settlement processes.
- Identifying and resolving discrepancies in accounts promptly.
- Preparing reports for management and regulatory submissions.
- Ensuring compliance with all applicable financial regulations.
Key Skills and Attributes
- Attention to Detail: Ability to spot errors and inconsistencies in financial data.
- Analytical Skills: Strong ability to analyze transaction trends and resolve discrepancies.
- Communication Skills: Capability to liaise with internal teams, financial institutions, and regulators effectively.
- Problem-Solving: Quick and efficient resolution of settlement issues and reconciliation challenges.
- Time Management: Meeting strict settlement timelines and managing multiple reconciliations simultaneously.
- Team Collaboration: Ability to work cross-functionally with operations, finance, and
Qualifications
Educational Background:
- Bachelor’s degree in Accounting, Finance, Economics, or a related field.
- Professional certifications such as ACCA, CIMA, or CPA are highly desirable.
Technical Skills:
- Proficiency in financial reconciliation tools and accounting software (e.g., QuickBooks, Xero, or SAP).
- Advanced knowledge of Microsoft Excel (e.g., pivot tables, VLOOKUP, and macros).
- Familiarity with payment platforms, financial systems, and fintech reconciliation tools.
Regulatory Knowledge:
Understanding of financial regulations and compliance requirements, such as AML/CFT guidelines and local payment settlement rules.
Familiarity with central bank regulations governing fintech operations.
Work Experience:
- 2–5 years of experience in settlements, reconciliations, or a related role in banking, payments, or fintech.
- Experience in working with payment systems (e.g., SWIFT, ACH, mobile money, or payment aggregators) is a strong advantage.
Reconciliation Experience:
- Proven experience in reconciling high volumes of transactions across multiple payment channels (e.g., USSD, mobile apps, card payments).
- Familiarity with chargebacks, refunds, and dispute resolution processes.
Settlement Management:
- Hands-on experience in managing settlement cycles, fund transfers, and coordinating with banks or financial institutions.
Additional Desirable Qualifications
Experience in Fintech or Startups:
- Familiarity with the fast-paced nature of fintech startups and the ability to adapt quickly to changing priorities.
Technical Understanding:
- Basic understanding of APIs and how fintech platforms integrate with financial systems.
- Exposure to financial technologies like blockchain or cryptocurrency (optional but advantageous).
Certifications:
- Certification in financial risk management or data analysis (e.g., FRM, or certifications in Power BI/Tableau) is a plus.
Work Hours: 8
Experience in Months: 24
Level of Education: bachelor degree
Job application procedure
Interested in applying for this job? Click here to submit your application now.
- Please Submit your resume and a cover letter detailing your qualifications and experience Include “Settlements and Reconciliations Officer” Application in the subject line.
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