JOB SUMMARY:

We are looking for a detail-oriented Reconciliation and Settlement Executive to manage and oversee daily reconciliation of bill payment transactions, ensuring timely settlement with partners in accordance with agreed SLAs. The ideal candidate will work closely with banks, vendors, and internal teams to identify and resolve discrepancies, validate transaction postings, and generate reports to support financial accuracy.

QUALIFICATIONS & EXPERIENCE:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 2+ years of experience in reconciliation, settlement, or financial operations (preferably in fintech, banking, or payments).
• Strong understanding of bill payment transactions, settlement processes, and reconciliation tools.
• Proficiency in Microsoft Excel, financial software, and reconciliation platforms.
• Strong analytical and problem-solving skills with high attention to detail.
• Ability to work independently and collaborate effectively with cross-functional teams.
• Excellent communication and stakeholder management skills.
  Job Type: Full-tim

• Perform daily reconciliation of all bill payment transactions and ensure settlement with POS and partners per SLA.
• Investigate and escalate outstanding items to processors and third parties for prompt resolution.
• Liaise with banks and vendors to resolve settlement discrepancies and ensure seamless financial operations.
• Work closely with Product and Technical teams to troubleshoot and resolve bill payment transaction issues.
• Conduct daily validation of transactions and settlement postings to General Ledgers (GLs).
• Respond to inquiries from support teams related to settlements and transactions.
• Ensure suspense items are resolved within the set timeline for each type of exception.
• Collaborate with internal auditors, banks, finance units, and other stakeholders as required.
• Prepare and share daily and monthly reconciliation reports with relevant teams.