Payout & Settlement Analyst Job in PAN India at CRED

CRED is hiring for the role of Payout & Settlement Analyst!

Responsibilities of the Candidate:

• Track and monitor merchants, p gs and bank receivables and payables
• Conduct thorough validation checks to ensure accuracy and completeness of data before processing payouts, minimizing errors and delays
• Work with business, product & tech teams to ensure timely disbursements of funds to merchants/partners/vendors.
• Work closely with the reconciliation team to identify and resolve transaction exceptions
• Collaborate with cross-functional teams, including finance, reconciliation and operations, to optimize payout process
• Manage relationships with external stakeholders like merchants, payment gateways, banks & aggregators
• Proactively identify and investigate any anomalies or discrepancies in payout transactions,
• Resolving issues promptly to prevent financial discrepancies
• Continuously evaluate and improve payout processes to enhance efficiency and streamline operations
• Develop comprehensive sop and maintain transaction records for audit and compliance purposes
• Manage invoicing process for merchants/vendors as part of payout process

Requirements:

• 2-3 years of experience in pg settlements, merchant payments, fund management.
• Adept with ms excel, word, power point, and similar tools
• Advanced analytical and problem solving skills
• Keen attention to detail