Reconciliation Officer

Lovonus Microfinance Bank—a financial institution licensed by the Central Bank of Nigeria (CBN)—is recruiting a Reconciliation Officer for its Operations and Finance division in Nigeria. Reporting to the Operations Lead and Head of Finance, this analytical role ensures ledger integrity through daily bank statement reconciliations, NIBSS Instant Payment (NIP) clearing checks, third-party payment gateway audit trails (Interswitch, Remita), and suspense account resolution to prevent revenue leakage.

• Transaction & Gateway Reconciliation: Perform daily, weekly, and monthly reconciliations across core banking applications (CBAs), bank statements, clearing accounts, and third-party payment feeds (NIBSS, Interswitch, Remita).

• Variance Investigation & Exception Handling: Track, investigate, and resolve ledger discrepancies, un-cleared items, and transaction timing differences with internal engineering and external settlement platforms.

• General Ledger & Suspense Account Monitoring: Monitor GL suspense and clearing accounts to clear long-outstanding balances, mitigate operational risk, and safeguard against revenue leakage.

• Audit & Regulatory Compliance: Compile daily, weekly, and monthly reconciliation status reports for executive management, internal control, external auditors, and CBN/NDIC regulatory examiners.

• Academic Credentials: Bachelor’s degree (B.Sc.) or HND in Accounting, Finance, Economics, Banking & Finance, or related quantitative fields.

• Professional Certifications: ACA, ACCA, or CIBN certification (completed or in progress) is a strong advantage.

• Experience & Software Mastery: 2–4 years of electronic settlement/reconciliation experience; advanced proficiency in Microsoft Excel (VLOOKUP, XLOOKUP, Pivot Tables) and Core Banking Applications (CBAs).

• Core Competencies: NIP/Interswitch clearing workflows, exception log management, data precision, numeric analytics, and adherence to tight daily banking cut-off times.