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Settlement & Reconciliation Executive @ Airtel Africa

MalawiOnsiteFull-timeJob reference 875
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About this role

Key Responsibilities

Bank Reconciliation

• Perform independent and timely bank reconciliations for multiple bank accounts. • Investigate and resolve unreconciled items, discrepancies, and outstanding transactions. • Coordinate directly with banking partners for resolving transaction issues, obtaining statements, and managing banking queries. • Monitor cash/float movements and ensure accurate recording of bank transactions.

Accounting & Financial Controls

• Review, validate, and post accounting transactions in compliance with company policies and accounting standards. • Ensure accuracy and completeness of financial records and supporting documentation. • Verify accounting entries, journal postings, and reconciliations. • Support month-end and year-end closing activities.

Transaction Validation & Approvals

• Review payment requests and supporting documents for completeness and accuracy. • Validate transactions before processing and obtain necessary approvals as per the delegation of authority matrix. • Ensure compliance with internal controls and financial governance requirements.

Stakeholder Management

• Follow up with banks regarding transaction queries, payment investigations, account maintenance, and banking documentation. • Liaise with IT teams to resolve ERP, banking interface, and system-related issues impacting finance operations. • Coordinate with internal departments to obtain supporting information and resolve accounting-related queries.

Qualifications & Experience

• Bachelor's Degree in Accounting, Finance, Commerce, or related field. • 3 to 5 years of relevant experience in finance and accounting operations. • Experience in bank reconciliations and transaction review is essential. • Experience working in a corporate finance environment is preferred.

Technical Skills

• Strong knowledge of accounting principles and financial controls. • Proven experience in independent bank reconciliation. • Good understanding of transaction validation and approval processes. • Strong proficiency in Microsoft Excel.

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