AKINSOTO OLAMIGOKE STEPHEN
No 17 Alh. Owolabi Str, Ketu Alapere, Lagos| - |-Profile
Results-oriented professional with over 4 years of experience in financial analysis, data management, and
operations. Proven expertise in reconciliation, settlement processes, and financial reporting, with a strong
focus on data accuracy and integrity. Skilled in uncovering trends, analyzing complex data, and
generating actionable insights to drive strategic decisions. Adept at working in dynamic environments and
collaborating effectively with cross-functional teams.
Education:
BSc in Political Science.
ECOTES Benin University, Benin Republic, Nigeria
WASSCE.
Baptist Prospects High School, Nigeria.
Primary School Certificate
Maris Model Schools, Nigeria
Professional Experience:
November 2022 – Present
Reconciliation and Settlement analyst
Paga Group Limited: Reconciliation and Settlement Analyst
Manage the daily clearing and settlement and reconciliation process, reconciling transaction Inward and Outward
files provided by both Paga and the settlement Banks. (Cashbook and settlement report)
Daily reconciliation of Paga’s Payout Transactions, identify settlement differences and follow-up with processors
and Banks for corrections.
Managing the day to day working relationship with Settlement Banks from an account officer’s perspective.
Liaise with counterparts (NIBSS, Interswitch, banks) in relation to all daily settlements.
Maintain a complete and current database of settlement details with approved counterparts.
Perform reconciliations between Paga and related systems in accordance with approved practice.
Monitoring transaction authorization requests, dealing with exception items and referrals and identifying any
suspicious transaction behavior.
Deep understanding of NIP/EFT reconciliations
Understanding of the payment industry, regularly tracking systems and transaction processing performance
against agreed parameters/SLA levels.
Managed payout and funds transfer operations, ensuring accuracy and timeliness.
Monitored transactions and system functionality, addressing issues promptly.
Led fraud detection efforts, escalating concerns to the fraud team as needed.
Collaborated with cross-functional teams to resolve customer issues and escalations per SLAs.
Collaborated with Customer Support (CS) and Platform-as-a-service (PAAS) teams to address payout complaints.
Directed process improvement initiatives, developed new processes, and updated stakeholders on progress.
Oversaw transaction reconciliation, ensuring accuracy and completeness.
Identified and implemented strategies to enhance operational efficiency.
Designed and optimized processes across sub-teams to improve touchpoints.
Continuously evaluated processes against industry best practices.
May 2021 — October 2022
E- Business Operations, Card Operations. (Phillips Outsourcing)
Union Bank Nigeria Plc –
Lagos, Nigeria
Possess a working knowledge of card processing, including authorization procedures and transaction
settlements.
Serve as a nationwide point of contact for branch personnel regarding card and mail production and
delivery issues.
I provide technical troubleshooting support via phone and email, track lost or delayed cards, and answer
inquiries about production timelines.
Maintain accurate and consistent records of card dispatch, including dispatch manifests, cardholder data,
I ensure data coherence across all systems to provide a clear view of card delivery status nationwide.
and delivery confirmation records.
August 2019 – February 2020
Inventory Officer/Data Entry (Onboarding)
Merry Wheels Limited (Opal/Oride)
Akure, Nigeria
Oversee a range of store activities, including inventory management, product displays, and cashier
operations.
Implement scheduling tools and optimize stock levels to ensure timely product availability while
maintaining cost-effectiveness.
Actively ensure adherence to authorized policies and procedures through regular audits and staff
training, fostering a compliant and efficient store environment.
Perform thorough inspection of received goods to avoid discrepancies with orders; identify and return
Maintain timely, accurate, and complete documentation for all store dispatch transactions.
Conduct periodic stock counts, utilizing cycle counting methods to ensure inventory accuracy. This
visibly damaged goods to the supplier.
involves collaborating with the Internal Auditor and relevant departmental heads to physically verify
stock levels and reconcile them with system records.
September 2018 – July 2019
Administrative staff (National youth service corps)
Federal University of Technology – Top ranking university of technology.
Akure, Nigeria
Filling and retrieval of files and documents. Performed basic bookkeeping.
Managed incoming and outgoing mail.
Dispatched documents to various departments in the university.
Operated a range of office machines such as computers, scanners, photocopier, printer.
Skills:
Microsoft Office Suite, Google workspace, Negotiation, Critical thinking, Conflict resolution, Creativity,
Collaboration, Problem solving, Adaptability, Customer Service.
References:
Available on request.