Job Description:
Role Summary/Purpose:
- Perform daily client funding and ensure that all clients are funded timely and accurately.
- Perform daily and monthly account reconciliations for Client Settlement financial activity in accordance with GAAP and SYF accounting policies.
- Perform ad hoc tasks as requested, including but not limited to Audit request, SOX requests, testing of new processes, and updating Procedure manuals.
Essential Responsibilities:
- Prepare journal entries and ensure timeliness and accuracy.
- Handle issue resolutions for internal and external clients.
- Responsible for non-funding client settlement activities including merchant adjustments, cardholder research, suspense clearing, etc.
- Raise wire requests for off cycle payments to merchants, tax jurisdictions, etc.
- Responsible for performing monthly analytical review of Settlement general ledger accounts
- Perform account reconciliations to ensure accuracy of account balances and timely clearing of reconciling items
- Provide support during audits
- Responsible for maintaining a thorough understanding of the business process, including transaction flow, key systems, and all sources which impact general ledger accounts
- Create and present weekly / monthly dashboards for management review
- Incorporate business policy changes into existing processes and update documentation (job aids and training documents) as needed.
- Identify & implement process improvements and simplification opportunities.
- Perform other duties and participate in special projects as required.
Qualifications/Requirements:
- Bachelor’s degree in accounting
- Minimum 2-3 years of experience in Finance and Accounts
Desired Characteristics:
- Excellent analytical, problem solving, organizational and follow up skills
- Demonstrated interpersonal and relationship building
- Ability to execute in a fluctuating environment
- Demonstrated commitment to quality and customer service
- Excellent communication skills, both oral and written
- PC proficiency with all Microsoft Office applications required
- Experience with settlement systems such as MBS, CMOD, Trams, SNSS a plus
- Experience on FDR & Workstation
- Experience with existing financial system a plus (Blackline, Oracle, etc.)
Eligibility Criteria:
Bachelor’s Degree in Accounting or Finance with 2+ years of accounting experience or in lieu of a degree 4+ years of accounting experience.
Work Timings: 3 PM - 12 AM IST
Grade/Level: 08
Job Family Group:
Finance