Disbursement Officer

Job Summary

The Disbursement Officer is responsible for ensuring the prompt and accurate processing of working capital and regulatory payments for ARM Businesses. This role involves handling inquiries and requests from internal customers and units, managing relationships with banks, and preparing daily cash positions and reports. The Disbursement Officer also resolves reconciliation issues within a 48-hour turnaround, maintains the company's bank accounts, monitors cash advance disbursement and retirement processes, and provides support to the settlement desk as needed. This position requires a high level of accuracy, timely task execution, and effective communication with internal and external stakeholders to ensure the smooth functioning of financial operations.

Job Details

Prompt processing of Working capital and regulatory payments for ARM Holdco, ARM Harith, ARM Trustees and ARMIM with minimal errors 

▪ Attend to inquiries/requests from internal customers/units as regards working capital & dedicated client accounts across the respective Banks. Following up with banks for prompt processing of approved transactions  

▪ Preparation of Daily Cash Position for Trust Clients and Working Capital accounts  

▪ Daily preparation of call-over report and upload of same in the dedicated folder.  

▪ Provide Bank Relationship Management Support  

▪ Prompt resolution of all reconciliation issues as it relates to ARMHIIL, ARMHIF, Trustees, AAFML & RFL. TAT of no more than 48hrs  

▪ Maintenance of the company’s bank accounts, support opening, closing and signatory changes on bank accounts  

▪ Monitor cash advance disbursement and retirement processes.  

▪ Provide support to the settlement desk as and when needed 

Requirements

Education  

Bachelor’s degree from an accredited university  

Professional certification in finance and/or accounting from a recognized professional body (e.g. GARP, CFA, CGMA, ACCA, ICAN etc.) will be added advantage.  

Experience  

Minimum of 2 years of work experience in a similar role.  

Work experience in the financial services industry will be of added advantage 

About Company

ARM Holding Company Limited

https://arm.seamlesshiring.com

Asset & Resource Management Company Limited (ARM) was founded in 1994 as an asset management firm.We provide a broad range of unique wealth creation services by offering traditional asset management services as well as alternative investments through our private funds business. ARM currently manages total assets of circa N540 billion. Over the last twenty years, we have built a strong reputation both locally and internationally through in-depth, high-quality research, investment management expertise, and value-adding products and services. Our clients range from corporations to private and public institutions and include high net-worth investors and small savers.