Reconciliation and Balance Sheet Assurance Officer

About Ecobank Nigeria

Ecobank Nigeria – Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS).

Job Overview

• Perform core Reconciliation and Proofing of allocated Bank Accounts for Nigeria; both Balance Sheet and Off-Balance Sheet Accounts identified to require Proofing and Reconciliation.
• Ensure that all allocated Accounts have Reviewers and Owners.
• Follow up with Account Reviewers and Owners to drive closure of identified open items.
• Work with Supervisor to build a robust and reliable Proofing & Reconciliation capability for Nigeria.
• Primary resource for taskforce activities leading to the identification of over aged items and items at risk in the affiliate.
• Training and project resource for Reconciliation and Proofing projects
• Maintain Issues Register for breach of compliance to standard narrations and escalate to reviewers and owners for corrections
• Ensure that all reconciled transactions contain key references and narrations that provide quality information for independent verification to source.
• Onboard allocated Internal Accounts to Automated Reconciliation Systems adopted by the group
• Ensure accuracy of balances of proofs to the ledger and substantiation thereof
• Continuously implementing best in quality management of the Group’s Proofing and Reconciliations of Accounts in business units.
• Ensure timely conduct and Submission of proofs and reconciliation reports to Account Reviewers and Account Owners country wide.
• Ensure timely escalation of identified events that could lead to material loss to ensure timely mitigation of exposures and execute assurance.
• Deploy frameworks and key risk indicators for identification, assessment, measurement reporting, monitoring, and mitigating both emerging and existing exposures.
• Drive the automation of Reconciliation and Proofing processes for the affiliate.

Job Identification: 490

Requirements

• Candidates should possess Bachelor’s Degrees with relevant work experience.