Financial Settlement Accountant

This is a fully remote position, open to applicants in United States.

📋 Description

• Manage daily settlement review and reconciliation activities with various banking partners.

• Analyze settlement files and verify bank-reported transactions against internal ledger entries.

• Conduct reconciliation and variance analysis to ensure the precision of financial activities.

• Review and authenticate NACHA files and settlement transactions.

• Examine payment discrepancies and determine the underlying causes of settlement variances.

• Raise issues and collaborate with internal teams to resolve exceptions.

• Coordinate manual fund transfers and settlement adjustments.

• Act as an operational checkpoint before the release of external files and settlement processing.

• Relay settlement status, reconciliation outcomes, and exception findings to relevant stakeholders.

• Prepare account reconciliations and the necessary supporting documentation.

• Aid in monthly close activities, journal entries, and account analysis.

• Support balance sheet reconciliation processes.

• Ensure the accuracy of financial records and documentation.

• Adhere to accounting policies and procedures.

• Participate in audits and provide relevant supporting documentation.

• Collaborate with Accounting, Production Support, Engineering, Data, and Operations teams.

• Engage with banking partners and third-party vendors on settlement and reporting tasks.

• Identify opportunities for enhancing processes, controls, automation, and operational efficiency.

• Provide backup coverage and assist with cross-functional financial operations duties.

⛳️ Requirements

• Bachelor's degree in Accounting, Finance, Business, or a related field of education and experience.

• Over 3 years of experience in accounting, financial operations, reconciliation, treasury, banking, payments, or a related area.

• Proficient in performing reconciliations and variance analysis.

• Experienced in investigating financial discrepancies and resolving exceptions.

• Intermediate to advanced Excel skills, including pivot tables, formulas, and data analysis capabilities.

• Strong attention to detail and a commitment to accuracy.

• Excellent communication and teamwork skills.

• Experience in banking, FinTech, payment processing, ACH, NACHA, card processing, or settlement is preferred.

• Preferred experience working directly with financial institutions or sponsor banks.

• Exposure to financial operations, treasury management, or payment operations is preferred.

• Familiarity with Power BI or other financial reporting tools is preferred.

• Knowledge of SQL, data analysis, or reporting platforms is preferred.

• Experience using productivity and AI tools like Copilot, ChatGPT, or similar is preferred.

• Must be authorized to work in the United States without requiring visa sponsorship now or in the future.

🏝️ Benefits

• Eligibility for incentive awards based on individual and business performance.

• Competitive salary.

• Comprehensive range of benefits.

• Equal Opportunity Employer.

• Recruitment process accommodation support.