Accountant and Merchant Settlement Specialist - AE

Netcents Systems; Dubai; On-site; AED 70,000 - 90,000; Full time

Job summary

A leading company in the cryptocurrency payments sector is seeking an Accountant and Merchant Specialist to join their team in Dubai. This role is essential for managing merchant payouts and ensuring smooth banking operations while providing high-quality service to stakeholders. Ideal candidates will have robust accounting skills, experience in banking or payment processing, and the ability to thrive in a fast-paced environment.

Qualifications

• 3+ years of experience in banking or electronic payments.
• 2+ years of experience with general ledger accounting.
• Experience in accounting/controller’s office is preferred.

Responsibilities

• Manage global merchant payout operations and ensure timely settlements.
• Monitor accounts for failed settlements and reconcile accounts daily.
• Generate monthly reports and assist in financial statements preparation.

Skills

Detail-oriented

Multi-tasking

Organizational skills

Problem-solving skills

Education

Bachelor’s degree in accounting or related field

Accounting designation

Tools

Quick Books Online

Job description

NetCents Technology is the transactional hub for all cryptocurrency payments. We are looking for a best-of-breed Accountant and Merchant Specialist to join our Dubai team.

We are looking for an Accountant and Merchant Specialist to complement our current team in our Dubai office. Qualified candidates must be detail-oriented, flexible, have strong multi-tasking, organizational and problem-solving skills, work well in a team atmosphere and thrive in a fast-paced, dynamic environment.

This role involves working with our banking functions globally, and the candidate must be available for work between 10 am and 10 pm Monday to Friday with target working hours of 10 am to 1 pm and 5 pm to 10 pm.

Key job functions include, but are not limited to:

• Accountable for day-to-day handling operations for merchant settlements
• Manage global merchant payout operations and ensure that all global bank cutoff timelines are met
• Monitoring of accounts for failed settlements and daily account reconciliation for merchant payouts
• Monitoring new merchant sign-ups and working with the support team to collect required banking information
• Daily, weekly, and monthly reporting of key processing and settlement data
• Balance and maintain accurate ledgers
• Data entry (Quick Books Online)
• Monitor office expenses, organize cash receipts, reconcile corporate credit cards
• Organize and maintain corporate documentation
• Assist with the preparation of yearly, quarterly, and monthly financial statements
• Complete monthly reconciliations
• Generate monthly reports
• Point person for any merchant support queries related to merchant payouts
• Manage settlement partner relationships and proactively recommend new product integrations that improve our global funds’ flow and reduce our cost of goods sold
• Accountable for providing efficient and quality service for both internal and external stakeholders
• Maintain detailed process procedures and proactively make suggestions for process improvements
• Liaise with the development team on process flow improvements and refinements and scope out requirements for settlement automation
• Work closely with our North American-based CFO and accounting department, ensuring streamlined processes, procedures, and communications globally

Experience and Qualifications

• Accounting designation
• 3+ years of experience in banking or electronic payments
• 2+ years of experience with general ledger accounting, monthly closing process, etc.
• You have a bachelor’s degree in accounting or a related field
• Experience in accounting/controller’s office

Preferred Experience

• Public company accounting and audit experience
• Cryptocurrency/blockchain knowledge
• Previous experience in the payment industry