Investment Reconciliation Officer

Inkomoko

Nairobi
Permanent
Full-time

14 days ago

Job SummaryAs an Investment Reconciliation Officer, you will be responsible for ensuring accuracy and integrity in financial transactions and records within the investment department. You will play a crucial role in reconciling various investment accounts and maintaining financial records in compliance with regulatory standards. Attention to detail, analytical skills, and financial expertise are essential for success in this role.Minimum QualificationsThe Investment Reconciliation Officer will be a trusted partner of Inkomoko clients, and basic qualifications Include:

A university degree in Finance, Business Administration or another related field

Must speak fluent English and knowledge of other local languages is a plus

Knowledge of MFIs or banking operations, credit risk management, fraud management, and Debt Management

Proven experience (5+ years) in investment operations, financial reconciliation, or related roles within the financial services industry.

Excellent analytical skills with a keen eye for detail and accuracy.

Ability to work efficiently under pressure, prioritize tasks, and meet tight deadlines.

Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.

Knowledge of regulatory requirements and compliance standards relevant to investment operations.

Demonstrated problem-solving abilities and a proactive approach to process improvement.

What You'll GetThis role is inside a high-growth, mission-driven social enterprise. By joining, you’ll access:

Competitive salary, and potential Goal-based bonus

Incredible company culture, including deep investment in your learning and growth

Diverse colleagues and policies that show our commitment to equity and inclusion

Talented, passionate, and committed team colleagues across the region

Ability to make a significant social impact to your community

Generous health insurance, staff savings, parental leave, sabbatical, and more benefits.

ResponsibilitiesReconciliation of Investment Accounts (30% time)

Conduct daily, weekly, and monthly reconciliations of loan accounts ensuring discrepancies are promptly identified and resolved.

Verify cash balances and other transactions against internal records and external sources.

Work with the investment team to resolve discrepancy between the loan management system and the accounting module.

Keep records of reconciled reports and share them with the Investment Manager

Ensure loan accounts are fully reconciled against Loan Management System

Financial Reporting and Analysis: (30% time)

Prepare a monthly report with details of loan disbursements and repayments, and monthly closing outstanding balance.

Collaborate with investment managers and other stakeholders to provide insights on portfolio performance and investment strategies.

Risk Management: (20% time)

Monitor and report on potential risks associated with investment transactions and financial reconciliations.

Implement controls and procedures to mitigate operational and financial risks.

Loan Documentation Verification and Processing (20% time)

Perform verification of loans documents (Contracts, Bank details, Investment Committee minutes, insurance fees) before disbursements

Maintain appropriate files of loan documents.

Process clients loans disbursements and funds to investment team timely and ensure they are properly supported

Perform all other related duties as assigned to meet the deadlines.

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