Reconciliation Payments Analytics Officer
Posted on :
19-03-2024
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1 Vacancy
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Job Description
Req ID : 2641153
- Monitor and perform the reconciliation of clients’ funds daily.
- Prepare daily balances reports for all banks and payment solution providers (PSPs).
- Follow up errors to be corrected and ability to coordinate with relevant departments in the company.
- Communicate with external payment providers and banks on discrepancies and info required.
- Prepare monthly reports regarding Balances, Losses, Charges and Chargebacks.
- Prepare various daily/weekly/monthly reports, related to client funds and balances.
- Identifying, investigating, and resolving any discrepancies in a timely manner liaising internally and externally as appropriate.
- Liaise with other departments to investigate discrepancies including developers, finance, and auditors.
- Daily monitoring of financial institutions and payment providers balances and assessing any settlement or transfer that needs to be requested. Credit risk analysis on vendors.
- Delivering management information from the Reconciliation Team.
- Manage personal and team workloads when needed.
- Adhere to corporate standards and procedures relating to reconciliation activities.
- Review and address daily queue of inquiries from the business and other Operations teams related to the reconciliation.
- Prepare and present daily and monthly metrics on recon status.
- Organization and delivery of reconciliation information to the Internal Audit and Reporting team.
- Communication and coordination with various departments within the Company and third parties for issue resolution.
- Identify and design refinements for the reconciliation process and pass the logic to the team.
- Work with project managers on software/tools to automate the reconciliation process/checks.
- Work with business intelligence team on reports, gathering requirements and assisting to deliver the business with data analysis related to payments and the cash flow.
- Manage, review, and update internal issue logs and report periodically when there is a reconciliation gap. Follow through to resolution of any gaps and provide relevant documentation on the resolutions.
- Audit and maintain safekeeping records of discrepancies.
- Document and provide input for monthly reports to management on identified control gaps and key exceptions with needed process improvement opportunities.
- Readily available for ad hoc requests from management.
Employment Type
Full Time
Department / Functional Area
Key Skills
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