Finance Analyst (Settlement and Reconciliation)

AF Payments Inc.; Philippines; On-site; PHP 300,000 - 600,000; Full time

Job summary

AF Payments Inc. is seeking a Finance Analyst (Settlement and Reconciliation) in the Philippines to ensure accurate daily settlements and prepare transaction analyses for clients.

The role requires verifying settlement transactions, matching balances against internal sources, and resolving discrepancies promptly. You will also document procedures and provide reports and training to clients as needed.

Qualifications

• Graduate of any Finance or Accountancy degree.
• Minimum of two years of Settlement and Reconciliation experience.

Responsibilities

• Verify settlement transactions and ensure correct reports are emailed to clients as per the agreed period.
• Compare and match settlement transactions and balances to internal and external balancing sources such as settlement statements.
• Resolve discrepancies identified in the reconciliation process.
• Report any discrepancies to concerned sections in a timely manner with recommendations and resolutions (if any).
• Accomplish daily reconciliation.
• Create, maintain, and update reconciliation procedures for assigned PTOs and Merchants.
• Ensure reconciliation reports are provided to clients as per agreement.
• Provide Settlement and Reconciliation process training to clients.
• Provide resolutions and results of the investigation within the agreed period.

Skills

Settlement

Reconciliation

Reporting

Financial analysis

Education

Finance or Accountancy degree

Job description

The Finance Analyst (Settlement and Reconciliation) position is mainly responsible for ensuring the accuracy of daily settlements, preparation of transaction analysis and reporting to the company’s clients.

Duties and Responsibilities

• Verify settlement transactions and ensures that correct reports are emailed to clients as per the agreed period.
• Compare and matches settlement transactions and balances to internal and external balancing sources such as settlement statements
• Resolve discrepancies identified in the reconciliation process.
• Report any discrepancies to concerned sections in a timely manner with recommendations and resolutions (if any).
• Accomplish daily reconciliation.
• Create, maintain, and update reconciliation procedures for assigned PTOs and Merchants
• Ensure reconciliation reports are provided to clients as per agreement.
• Provide Settlement and Reconciliation process training to clients.
• Provide resolutions and results of the investigation within the agreed period.

Education and Work Background

• Graduate of any Finance or Accountancy degree
• Minimum of two (2) years work experience of Settlement and Reconciliation