Analyst Settlement Operations

IATA Consulting; Madrid; On-site; EUR 32,000 - 46,000; Full time

Job summary

IATA is seeking a Treasury Settlement Associate in Madrid to prepare and execute bank orders for BSP and CASS funds, aligned with IATA financial policies. You will monitor bank statements, address discrepancies, and prepare external reporting for customers.

You will also assist in internal reporting, maintain user guides, and support management in applying best practices across operations, with collaboration from Customer Service on inquiries.

Qualifications

• 2-3 years of treasury/finance experience.
• Fluent in spoken and written English.
• Additional language skills are a plus.
• Strong analytical and numerical abilities.

Responsibilities

• Prepare and execute bank orders for BSP and CASS funds according to schedules and policies.
• Perform matching activities, monitor bank statements and address discrepancies.
• Prepare Hinge Account Reconciliations to ensure accuracy and clear open balances.
• Prepare external reporting for customers.
• Assist in preparing internal reporting for management.
• Prepare and update Settlement Operations user guides with country-specific requirements.
• Support management in applying standard and best practices across operations.
• Coordinate with Customer Service to address queries related to operations.
• Handle any other tasks assigned by the Senior Manager, Settlement Operations.

Skills

Treasury experience

English fluency

Attention to detail

Teamwork

Tools

Microsoft Excel

Microsoft Access

Job description

Employment Type:Fixed Term Contract
Contract Duration:6 months

At IATA, we speak for the airlines of theworld, serving and supporting over 300 of them across all continents.Weare passionate and knowledgeable about the aviation industry, and we strive tomake it safer, smarter, more sustainable and more inclusive. We celebratediversity and inclusion in our workforce, and we respect and value thedifferent backgrounds, perspectives and skills of our employees. We also careabout our employees' wellbeing, and we provide flexible work arrangements,travel benefits, family-friendly policies, equal pay and a day off on yourbirthday. We believe in giving back to the community and encourage our staff toparticipate in volunteering activities that support causes they care about. Weencourage you to join our global community of aviation enthusiasts, and we willdo our best to make you feel comfortable during the interview process. IATA ismore than a trade association; it is a vision of a better future for airtravel.

About the team you are joining

You will report tothe Senior Manager, Settlement Operations and will work closely with a highlydiversified and inclusive team.

What your day would be like

Prepare and executebank orders for collection and settlement of Billing and Settlement Plan (BSP)and Cargo Accounts Settlement System (CASS) funds according to the scheduledcalendars and in alignment with IATA financial policies;

Perform matching activities, monitor bank statements and follow up ondiscrepancies as required, prepare and take action on exception reports;

Prepare Hinge Account Reconciliations ensuring the accuracy of the report andthe execution of the necessary actions to clear the open balances;

Prepare external reporting for customers;

Assist in the preparation of internal reporting for IATA management;

Prepare and update Settlement Operations user guides including country specificrequirements;

Assist management in the application of standard and best practices throughoutthe operations;

Coordinate with Customer Service department to attend to customer queriesrelated to the operations;

Any other tasks as assigned by the Senior Manager, Settlement Operations.

We would love to hear from you if you have

• 2-3 years ofexperience in treasury and/or finance related matters;
• Strong PC skills, particularly in MS office Excel and Access;
• Fluency in spoken and written English;
• Knowledge of another language would be an advantage;
• Relevant Aviation Industry Experience (Airlines, Travel Agencies, etc.) is a plus;
• Customer focus, learning agility, planning and organizing,attention to detail, teamwork, cultural intelligence; good communicationskills, proactive approach.

Travel Required: No

Learn more about IATA's role in the industry, our benefits, and the team at iata/careers/. We are looking forward tohearing from you!