Specialist; Reconciliations Needed At Etisalat Nigeria

Specialist; Reconciliations Needed At Etisalat Nigeria

Etisalat Nigeria commenced commercial operations on 23 October 2008 with a promise to deliver innovative and quality services in Nigeria, Since then, Nigeria has continued to witness its innovative services.

Etisalat redefined speed with the roll-out of the unique 3.75G HSPA+ network and It has continued to prove itself an innovative company keen to give its subscribers the best possible experience at the most affordable price.

Etisalat Nigeria has seen unprecedented growth in the Nigerian telecoms industry with 18 million subscribers and consistently demonstrates its core values of – teamwork, integrity, passion for excellence, empowering our people and growing our people to Nigerians as it offers them world-class telecommunications services..

Etisalat has received several awards and endorsements for its quality and innovative services. Barely six months of operations in Nigeria, the Nigerian Communications Commission (NCC) pronounced Etisalat, Nigeria’s best network based on quality of service indices. In November 2012, Etisalat again received another award from the NCC for Excellent Customer Service. Other notable awards include – Brand of the Year award, Fastest Growing GSM Company of the Year, Best Marketing Company, Most Innovative Corporate Social Responsibility Company, Friendliest Tariff Mobile Operator, Best Telecoms Customer Service and Most Innovative Mobile Operator among others.

Indeed, at Etisalat the future is a world in which technology extends people’s reach on all fronts.

Job Openings:


Job Summary         

    Coordinate and ensure the complete reconciliation of all Bank statements to the Oracle ERP GL statement and ensure compliance with Etisalat treasury policies and local financial regulations.

Principal Functions                        

    Update existing Treasury Reconciliation processes and procedures and develop new ones as and when required

    Update and develop a standard Bank Reconciliation template for all Bank accounts

    Prepare and submit weekly and month end  reconciliation for all bank accounts

    Investigate and resolve all posting errors/adjustments by banks

    Verify charges and commissions/interest posted by the banks

    Reconcile all Treasury GL accounts, ensure all Treasury foreign currency denominated accounts are re-valued monthly

    Ensure that the controls/security around all payment instruments are implemented as the accounts are being reconciled to mitigate fraud.

    Verify all companys interest/investment income before absorption into the Account System (Oracle ERP etc) 

    Liaise with the IT team to resolve all treasury/financial content and play an active key-user role in projects for functionality in the treasury/financial domain.

    Carry out other assignments as instructed by the Manager, Treasury Banking Relationship.

Educational Requirements                          

    University Degree in Finance, Accounting or related discipline

    Certified Membership of Professional association (CFA, ACCA, ICAN, etc) is an added advantage

Experience,Skills & Competencies                         

    Three to Five years post NYSC work experience with at least 2 years in a Treasury Reconciliation function




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