Settlement Accounting Manager
Settlement Accounting Manager
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1 Vacancy
Job Description
Title
Settlement Accounting Manager
Settlement & Billing
Reports to
Director Settlement Accounting
Position Overview
The Settlement Accounting Manager plays a critical leadership role in overseeing and optimizing the financial settlement and reconciliation processes across multiple complex payment platforms. This individual is responsible for ensuring the accuracy completeness and timeliness of daily and monthly settlement operations including transaction reconciliations merchant billing and exception resolution. The role requires a strategic thinker who can blend deep technical accounting knowledge with operational execution to drive process improvements mitigate risk and enhance scalability. The Settlement Accounting Manager will lead a team foster crossfunctional collaboration with internal stakeholders and external partners and play a key role in supporting financial close activities and audit readiness. The ideal candidate is proactive detailoriented and solutionsdriven with a passion for continuous improvement data integrity and developing highperforming teams..
Duties and Responsibilities
- Lead and support multiple ongoing initiatives to document evaluate and streamline settlement accounting processes driving efficiency and consistency across the organization.
- Supervise perform and validate daily and monthly reconciliations across all Payroc products ensuring timely resolution of discrepancies by analyzing system reports and corresponding bank data.
- Collaborate crossfunctionally with Accounting Operations Product and Client Services teams as well as external partners to align priorities and implement process enhancements that reduce risk and improve scalability.
- Identify operational and financial inefficiencies proactively propose datadriven solutions and champion automation efforts to enhance workflow productivity.
- Manage monthend close activities including preparation and review of journal entries balance sheet reconciliations and income statement variance analyses specific to settlement accounting functions.
- Maintain the accuracy integrity and compliance of financial records by adhering to internal controls regulatory requirements and audit best practices.
- Support internal and external audits by preparing documentation addressing inquiries and ensuring compliance with established accounting standards and practices.
Qualifications
- Bachelors degree in Accounting Finance or a related field required; CPA and/or CMA certification strongly preferred.
- Minimum of 3 years of progressive experience in accounting with a strong preference for candidates with settlement operations or fintech industry exposure.
- Proven expertise in fullcycle accounting including deep understanding of income statements balance sheets and the reconciliation process.
- Demonstrated analytical acumen with the ability to interpret large data sets spot trends and drive strategic decisionmaking.
- Advanced proficiency in Excel (e.g. pivot tables lookups macros) and a strong working knowledge of ERP systems (NetSuite preferred).
- Familiarity with close management tools (e.g. FloQast) collaboration platforms (e.g. Microsoft Teams) and document management tools (e.g. SharePoint).
- Exceptional organizational skills with the ability to manage multiple priorities meet tight deadlines and lead or mentor team members in a dynamic fastpaced environment.
- Strong communication and interpersonal skills with a collaborative mindset and a proactive approach to problemsolving and stakeholder engagement.
Travel Component
- <10%
Working Conditions
- Extensive deskbased work involving prolonged periods using a computer and sitting for extended periods
- Frequent interaction with team members management agents Business Development Managers (BDMs) and external partners to facilitate smooth operations and collaborations
Job Classification
- Exempt
At Payroc we are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs job requirements and individuals qualifications without regard to race color religion national social or ethnic origin sex age physical mental or sensory disability sexual orientation or any other status protected by the laws regulation in the location we operate. Payroc does not tolerate discrimination or harassment based on any of these characteristics.
Payroc is committed to providing access equal opportunity and reasonable accommodation for individuals with disabilities in employment its services programs and activities. To request reasonable accommodation contact Human Resources Department at
Required Experience:
Manager
Employment Type
Full-Time
