Jobs Companies Wave Reconciliation officer

About this Reconciliation officer role at Wave

Wave · Onsite · Abidjan, Côte d'Ivoire

Our mission

We're making Africa the first cashless continent.

In 2017, over half the population in Sub-Saharan Africa had no bank account. That's for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

We're solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't always work, you can still send money with Wave. In 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. Now, we have millions of users across 9 countries and are growing fast.

Our goal is to make Africa the first cashless continent and that's where you come in...

How you'll help us achieve it:

Wave is now the largest financial institution in Senegal, with over 7 million users. And we’re still just at the beginning of our product roadmap and the impact we can have on people’s everyday lives.

As a Reconciliation Officer, you will play a vital role in streamlining our financial operations by meticulously managing reconciliations, resolving discrepancies, and maintaining the integrity of our records. By collaborating with diverse teams, your expertise will optimize procedures and enhance operational efficiency.

In this role, you'll: 

  • Perform thorough bank reconciliations to ensure alignment between our internal balances and bank statements.
  • Evaluate and handle agent e-float purchases accurately.
  • Process Partner wallet funding transactions efficiently.
  • Meticulously examine each transaction to verify exact amounts and promptly investigate any discrepancies.
  • Conduct daily reconciliation of bank transactions.
  • Align banks with corresponding bank agent IDs for accurate tracking.
  • Record daily and monthly bank fees meticulously.
  • Identify and investigate any discrepancies or balance differences promptly.
  • Support the Reconciliation Manager in implementing various projects.
  • Undertake ad hoc tasks as required.

Key details

  • Location: You'll work from our office in Abidjan.
  • Work authorization in Côte d'Ivoire is required.
  • This is a permanent position.
  • Our salaries are competitive and calculated using a transparent formula. 
  • We offer generous health insurance for yourself and your dependents.
  • We support working parents - we offer 26 weeks of parental leave for mothers and 4 weeks for fathers, in addition to subsidized child care when they return to work.
  • Airtime reimbursement.
  • Free food and a beautiful office space.

Requirements

  • Strong proficiency in English and French.
  • Minimum requirement of a Bachelor's degree in Accounting, Finance, or a relevant discipline.
  • Minimum of three years of relevant experience in a similar role.
  • Strong grasp of accounting fundamentals.
  • Attention to detail and accuracy in reconciling financial data.
  • Excellent communication skills, both written and verbal.

You might be a good fit if you 

  • Possess foundational knowledge and practical experience in basic bookkeeping or accounting principles.
  • Demonstrate proficiency with technology, including using Google Sheets, Excel, and similar software tools.
  • Showcase a strong ability to adhere to deadlines.
  • Have the ability to prioritize tasks and manage time efficiently and effectively.
  • Exhibit a strong acumen for accountancy and numerical precision.
  • Display exceptional attention to detail in all tasks and responsibilities.
  • Show self-motivation, enthusiasm, and a collaborative mindset within a team-oriented environment.
  • Have experience in identifying and resolving discrepancies in financial records.

Our team

  • We have a rapidly growing in-country team in Senegal, Côte d'Ivoire, Mali, Burkina Faso, The Gambia, Uganda, Niger, Sierra Leone, and Cameroon plus remote team members spread across the world.
  • We're deeply passionate about our mission of bringing radically affordable financial services to the people who need them most.
  • We foster autonomy for our employees. You'll own your projects at every stage, from understanding the problem to monitoring your solution in production.
  • We raised the largest Series A in Africa in 2021. Our world-class investors, include Founders Fund, Sequoia Heritage, Stripe, Ribbit Capital, Y Combinator, and Partech Africa.
  • We are on Y Combinator's top companies by revenue.

How to apply

Fill out the form below, and upload a resume in English and a cover letter describing your interest in Wave and the role.

We review applications frequently and recommend that you apply to the role that most closely aligns with your skills, experience and career goals.

Wave is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Ready to apply to Wave?
Apply to Wave

About Wave

Our mission

Since 2014, our Sendwave app has allowed Africans in the US, the UK, and Canada to send money instantly to mobile money wallets in Kenya, Uganda, & Tanzania, saving our users over 70% relative to Western Union and MoneyGram.

In 2016, we expanded our scope and began building Wave, a mobile money product for domestic markets in Africa. 

The problem: Nearly 60% of adults in sub-Saharan Africa had no bank account. That's for good reason — the fees are too high, the closest branch can be miles away, and most merchants only accept cash. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

How we're solving it: We're building financial services to work as they should: no account fees, instantly available and accepted everywhere. In places where electricity, water and roads don't always function, we're creating financial infrastructure that "just works." At the end of 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments; in 2019, wwe launched in Cote d'Ivoire. Our goal is to make Africa the first cashless continent. That's where you come in...

Who are we?

  • We're a distributed HQ team of ~60 people who are deeply passionate about our mission of bringing great financial services to the people who need them most.
  • We have a Country Office in Senegal with about 70 people and have recently opened another Country Office in Cote d’Ivoire.
  • We’re backed by world-class investors including Khosla Ventures, Founders Fund, Y Combinator, and the cofounders of PayPal.

Our values

  • We’re egolessly mission driven

  • We focus ruthlessly on the most important thing

  • We’re embarrassingly honest to stay aligned and move quickly

  • We don’t wait – we live our fullest lives now

  • We maximize our rate of learning

We're growing quickly, see our job openings below. If you are interested in roles with our international remittance team (SendWave), see here

See all jobs at Wave →

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