Settlement & Reconciliation Officer

Job
Summary 

We are
looking to hire a Settlement & Reconciliation Officer to manage
transaction processing, ensure timely settlement of financial activities, and
maintain accurate reconciliation of accounts.

To be
successful in this role, you should have previous experience as a settlement
& Reconciliation Officer in a bank or financial institution. Our ideal
candidate should combine an eye for details, excellent people management skills
with a goal-driven mindset. 

Ultimately,
you will ensure your area of responsibility meets and exceeds the expectations
of our business objectives and contributes to our company’s success 

• Perform daily reconciliation of all financial transactions across various payment channels (cards, POS, transfers, mobile money, etc.).
  

• Validate and match incoming and outgoing settlement reports with transaction records from internal systems.
  

• Investigate and resolve transaction mismatches, chargebacks, and settlement disputes promptly.
  

• Liaise with banks, payment processors, and other financial partners to ensure timely settlement of funds.
  

• Maintain accurate records of reconciliations, settlements, and resolution actions for audit purposes.
  

• Generate and share reconciliation and settlement reports with relevant internal teams.
  

• Work with IT and product teams to resolve system-related reconciliation issues.
  

• Support end-of-day, month-end, and year-end financial closure processes.
  

• Ensure compliance with regulatory and internal financial reporting standards.
  

• Participate in the development and improvement of reconciliation and settlement processes and tools.
  

Requirements

• Bachelor’s degree or equivalent in Finance, Accounting, or related field from an accredited university
  
• 2-5 years of experience
  in settlements, reconciliation, or financial operations (preferably in a
  fintech, bank, or payment service provider).
  
• Strong analytical and
  problem-solving skills.
  
• High attention to
  detail and accuracy.
  
• Proficiency in Excel
  and reconciliation tools; knowledge of ERP or financial software is an
  advantage.
  
• Familiarity with
  payment systems, transaction flows, and financial products.
  
• Excellent
  communication and interpersonal skills.
  
• Ability to multitask and meet deadlines.