Reconciliation Officer

Job Summary

Attend to all shareholders' complaints as it relates to missing or outstanding corporate actions. Investigating all claims and ensuring adequate reconciliation and update of Clients' and shareholders accounts

Job Details

• Conduct periodic checks on all stocks related transactions (transaction call-over, stock reconciliation e.t.c) and reporting on same.
• Liaise with appropriate individuals to articulate reasons for exceptions and request additional information / updates.
• Researches and then resolves out-of-balance condition in clients' accounts by liaising with CSCS for relevant information/details.
• Raising appropriate correction entries based on reconciliation outcome and liaising with ICT for necessary adjustments.
• Writing shareholders / stockbrokers for refund or buy-back of reconciliation deficits, where applicable.
• Ensure full reconciliation of client account holdings between estock and CSCS records after diskette update.
• Review transaction documentation, status and accuracy levels in-line with agreed processes and SLAs.
• Reconciling discrepancies on global shareholding registers of client companies.
• Actively participate in the stock reconciliation exercise to determine the extent of misstatement of client account position and work with the team leadership in developing and implementing a sustainable reconciliation process going forward.
• Any other assignment as may be assigned by your supervisor

Requirements

BSC in any management science/social science related discipline preferably in accounting. Finance, Business Administration

Minimum of 2 years post NYSC work experience

Experience with a similar position in the banking sector/financial services sector

Skills/Knowledge

• Personal Skill
• Numerate, thorough and intelligent.
• Good analytical skill
• Pay attention to details.
• Communication skill. (Written/Oral)
• Ability to convey reconciliation results in clear, brief and unambiguous terms.
• Ability to think outside the box and methodically
• Professionalism
• Possession of atleast intermediate knowledge of share registration.
• Computer Literacy.
• Proficiency in the use of Microsoft Office applications

About Company

Meristem Registrars & Probate Services Limited

https://mersistemng.com

MERISTEM REGISTRAR SERVICES MRPSL offers first class services in administrating Shareholders Register, IPO & Bond Issues Services, Shareholder Relations and Probate Management. Because we operate an automated share registration service, we are able to offer our clients efficient and reliable services.