Transaction Payment Posting Officer

Job Title: Transaction Payment Posting Officer

Industry: Insurance

Location: Lagos

Responsibilities:

• Responsible for payment posting, by booking the payment invoice then post the payment between bank and respective ledger account, for the nonlife business.
• Responsible for journal posting, by debiting and crediting respective ledger account.
• Prepayments postings and related monthly reoccurring journals.
• Responsible for reviewing claims payment, recoveries and outstanding/reserves GL weekly to ensure reconciled position with claims unit’s data.
• Responsible for confirmation of above reconciled balances to Executive management
• Fixed Asset Purchase/acquisition recognition.
• Responsible for maintaining Fixed Asset Register, by posting every asset acquired in the Asset schedule.
• Responsible for petty cash management and disbursement as appropriate.
• Responsible for retirement of the petty cash float and processing reimbursement each month.
• Responsible for monitoring and posting of cash advance retirement on a daily basis.
• Responsible for monitoring the schedule for cash advance and sending the list of unretired advances to Human Capital by every 14th of the month.

Requirements:

• Minimum of a Bachelor’s degree in Accounting, Finance or related field.
• Minimum of five (5) years relevant experience in a similar role preferably in an insurance firm.
• A professional qualification of Institute of Chartered Accountants of Nigeria (ICAN) or the Association of Chartered Certified Accountants (ACCA).
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft EXCEL