Payment Reconciliation & Settlement Specialist

Confidential; Philippines; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

Confidential in the Philippines seeks a Transaction Reconciliation Specialist to ensure accurate financial records through daily reconciliations and exception management. You will collaborate with cross-functional teams to resolve issues and continuously improve processes.

The role requires 3+ years of settlement/reconciliation experience, strong Excel skills, and familiarity with SAP. Attention to detail and regulatory awareness are essential for ensuring accuracy and compliance.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• 3+ years of settlement and reconciliation experience, ideally within banking, payments, or financial services.
• Strong knowledge of settlement and reconciliation processes.
• Understanding of relevant financial regulations and compliance requirements.
• Excellent attention to detail and strong sense of accountability.
• Good written and verbal communication skills.
• Strong Microsoft Excel skills is a must.
• SAP experience is an advantage.

Responsibilities

• Conduct daily, weekly, and monthly transaction reconciliations.
• Validate payments, settlements, and other fund movements against banking and partner records.
• Investigate discrepancies across internal systems, bank statements, CMS, SAP, and partner reports.
• Prepare reconciliation reports and elevate outstanding exceptions based on agreed SLAs.
• Coordinate with Technology, Product, Customer Support, and other teams to resolve transaction issues.
• Monitor transactional data for irregularities and inconsistencies.
• Support UAT for new products and system enhancements.
• Maintain reconciliation procedures and operational documentation.
• Recommend process and system improvements.
• Support automation initiatives that improve efficiency and reduce manual reconciliation activities.

Skills

Settlement

Excel

Communication

Attention to detail

Regulatory knowledge

Education

Bachelor's degree in Finance/Accounting/Business Administration

Tools

SAP

Job description

Confidential in the Philippines seeks a Transaction Reconciliation Specialist to ensure accurate financial records through daily reconciliations and exception management. You will collaborate with cross-functional teams to resolve issues and continuously improve processes.

The role requires 3+ years of settlement/reconciliation experience, strong Excel skills, and familiarity with SAP. Attention to detail and regulatory awareness are essential for ensuring accuracy and compliance.