For a growing payment technology company, we are looking for a Reconciliation Team Lead to lead the Reconciliation team within Finance Operations at their Limassol office.
This is an excellent opportunity for an experienced reconciliation professional with strong leadership capabilities and a solid understanding of payment flows, merchant settlements, safeguarding and banking operations.
Responsibilities:
- Lead, supervise, and develop the Reconciliation team, including allocating work, reviewing output, and serving as the main point of escalation.
- Oversee daily, weekly and monthly reconciliations of transactions and balances across acquirers, payment service providers, card schemes and bank accounts.
- Review and approve merchant settlement and payout reconciliations, ensuring amounts reflect processed volumes, agreed pricing, fees, refunds, chargebacks and reserves.
- Oversee the validation of interchange and scheme fees, ensuring discrepancies are investigated and resolved.
- Own safeguarding reporting, including the daily monitoring of safeguarded merchant funds and the prompt escalation and resolution of any breaks.
- Support the development of reconciliation processes, procedures and workflows for banking operations ahead of go-live.
- Establish reconciliation processes for the company’s payment orchestration activities.
- Oversee daily bank account reconciliations, including merchant accounts as banking operations go live.
- Manage the investigation and resolution of complex or aged reconciliation breaks, ensuring complete records and audit trails.
- Establish and maintain reconciliation procedures and documentation while driving continuous process improvement.
- Act as the main point of contact for reconciliation matters with internal departments and external partners.
- Support month-end closing activities and respond to audit requests.
Requirements:
- Bachelor’s degree in Accounting, Finance, Economics, or a related field.
- At least five years of experience in reconciliation, payments, finance operations, or a similar function.
- At least two years of experience leading or managing a team.
- Previous experience within a payment service provider, FinTech company, or electronic money institution would be preferred.
- Candidates from banking or wider financial services environments will also be considered.
- Strong understanding of banking and payment flows, including settlement cycles, merchant payouts, chargebacks and reserves.
- Experience with card payments or acquiring, including interchange and scheme fees, would be considered an advantage.
- Proven experience establishing or improving reconciliation processes and procedures.
- Advanced Microsoft Excel skills and confidence working with large volumes of data.
- Strong analytical and problem-solving abilities with excellent attention to detail.
- Strong leadership skills and the ability to motivate and develop a team within a fast-paced environment.
- Excellent organisational skills with the ability to prioritise workloads and meet deadlines.
- Strong communication skills and the ability to work effectively with stakeholders at all levels.
- Fluency in written and spoken English.
Benefits:
- Flexible working hours
- Free daily lunch
- Medical insurance
- Provident Fund
- Corporate, team, and special events
- Professional training and development opportunities
- Friendly and collaborative working environment
- Opportunity to develop within a growing FinTech company
Salary:
- EUR 50,000 - 60,000 gross per annum, depending on the candidate's experience.
- The remuneration package is based on 12 monthly salaries