WHO WE ARE:

Flywire is a global payments enablement and software company, founded a decade ago to solve high-stakes, high-value payments in education, using modern technology.
Today, we’ve digitized payments for more than 3,300+ global clients across education, healthcare, travel & B2B, covering more than 240 countries and territories and supporting over 140 currencies. And, we’re just getting started!
With over 1000+ global FlyMates, representing more than 40 nationalities, and in 14 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.
Job Description

THE OPPORTUNITY

We, at Flywire, are seeking a Director - Cash Reconciliation and Regulatory Reporting. This role will be responsible for working with cash management and operations, treasury, product and accounting to ensure accurate reconciliation of incoming cash from payers and outgoing payments to clients/beneficiaries. Flywire processes over $20+ billion of payments through our various products, and ensuring timely and accurate reconciliation is key to our growth and strategic cash allocation decisions. In addition to the daily, weekly and monthly cash reconciliation process, this role will be a leader in implementing new systems and processes to drive automation throughout the lifecycle of cash.
* Key to the ideal candidate will be evidence of directing multi-billion dollar/Euro (or equivalent) cash reconciliation on a GLOBAL SCALE *

KEY QUALIFICATIONS

• Bachelors degree in Finance or Accounting
• 10+ years of experience working in cash operations, reconciliations and regulatory reporting.
• Experience with fintech, payments or financial institutions with high volume and velocity of payments
• Deep understanding of cash reconciliations and related systems
• proficiency with excel, google sheets and accounting software
• NetSuite, Oracle and reconciliation tools
• Excellent analytical and problem solving skills
• Excellent written and verbal communication skills
• Ability to document process flows and suggest improvements
• Familiarity with various payment processing systems and payment types
• Bachelor’s degree in Finance, Accounting, or a related field; CPAA or MBA preferred.
• Proven leadership experience with the ability to manage and develop a high-performing team

Technologies We Use (optional) :

• NetSuite - ERP
• Excel and Google Sheets
• Cash reconciliation automation tools (FastFour, BlackLine and proprietary tools)

Additional Information

Global Cash Reconciliation

• Oversee global cash reconciliation of 200+ bank accounts across Flywire’s products and solutions
• Partner with accounting, cash management and treasury to ensure daily recording, reconciliation and reporting requirements are met.
• Evaluate gaps in current reconciliation processes and drive changes to improve accuracy and speed
• Identify areas where automation or AI can drive efficiencies supporting recording, reconciliation and reporting of all cash movements
• Maintain and reconcile sub-ledgers to accurately identify client vs. corporate cash