Reconciliation Specialist Job at Deel

Deel is hiring for the role of Reconciliation Specialist!

Responsibilities of the Candidate:

• Bank, PSP, and Credit Card Reconciliations: Perform daily reconciliations of bank accounts, payment service providers (PSP), and credit cards to ensure that all transactions are accurately recorded and discrepancies are promptly identified and resolved.
• Cash Data Management: Validate and maintain cash data on a day-to-day basis, ensuring that all financial records are up-to-date and accurate.
• Connectivity Issue Reporting: Report and track any connectivity issues with banking and payment systems, working closely with IT and other teams to ensure timely resolution and minimize impact on operations.
• Continuous Improvement Collaboration: Work with cross-functional teams to identify and implement process improvements, enhancing the efficiency and accuracy of reconciliation processes.
• Closing Activities Support: Assist in the month-end, quarter-end, and year-end closing activities, including the preparation of financial reports and ensuring compliance with internal controls.
• Ad Hoc Support: Provide support for various ad hoc tasks as required, contributing to the broader goals of the finance team

Requirements:

• Experience: You have 1-2 years of experience in cash management, ideally within a multinational corporation, bank, or FinTech environment.
• Technical Knowledge: You possess a solid understanding of banking systems and international business, particularly in handling multi-currency transactions.
• Global Payments Expertise: Familiarity with the requirements and complexities of global payments transactions, including SEPA, SWIFT, API connectivity, banking platforms, and Treasury Management Systems (TMS), is essential.
• Organizational Skills: You excel in prioritizing tasks, managing your time effectively, and working independently with minimal supervision to meet deadlines.
• Communication and Problem-Solving: You have excellent communication, organizational, and problem-solving skills, with advanced proficiency in Excel.
• Language Proficiency: Fluency in English is required; proficiency in additional European or Asian languages is a plus.
• Financial and Analytical Support: Provide financial and analytical support, including daily, weekly, and monthly reporting on treasury and financial activities.
• Transaction Monitoring: Monitor all transactions and bank balances daily to ensure accuracy and promptly address any discrepancies.
• Issue Resolution: Track and resolve connectivity issues, and implement live dashboards to monitor and address data discrepancies in real-time.
• Cash Flow Analysis: Analyze the company’s cash flow, including pay-ins and pay-outs, to support effective cash management and forecasting