At a Glance
- Tasks: Manage daily payments and reconciliations for merchants across Europe.
- Company: Join Euronet, a leading multinational in financial services with ambitious growth plans.
- Benefits: Enjoy excellent career prospects and work in a dynamic, international environment.
- Why this job: Be part of a vital team that ensures financial accuracy and operational success.
- Qualifications: Strong numerical skills and attention to detail; experience in finance is a plus.
- Other info: Ideal for proactive individuals eager to learn and grow in finance.
The predicted salary is between 36000 - 60000 £ per year.
4 weeks ago Be among the first 25 applicants
The Operational Finance Executive plays a key role in ensuring the accuracy, efficiency, and integrity of financial operations across European, US and LATAM markets. This role supports the wider Operational Finance team in delivering timely and reliable payments to external customers, maintaining rigorous control over scheme settlements, and reconciling network cash for multiple IAD networks. The position is vital to the smooth running of the department and contributes directly to the financial health and operational success of the business.
You will support activities undertaken by the Euronet Operational Finance team including but not limited to the following tasks:
Key Responsibilities:
- Manage daily settlement payments to merchants across Europe (8 countries).
- Perform daily transaction and payment reconciliations, investigating and resolving discrepancies promptly.
- Complete and validate monthly reconciliations, interrogating data to ensure accuracy.
- Reconcile network cash for IAD (Independent ATM Deployment) networks, investigating variances and liaising with internal and external stakeholders (globally).
- Maintain and update the merchant bank account database, ensuring data integrity.
- Set up new merchant commission (residual) deals and payment terms in the accounting system.
- Prepare and distribute monthly merchant commission statements and dispute letters.
- Ensure strict adherence to internal controls and procedures related to merchant payments, recommending improvements where appropriate.
- Generate daily reports to support Operational Finance team activities.
- Maintain an accurate and up-to-date customer database, resolving any inconsistencies.
- Collaborate with other departments to resolve issues and drive process improvements.
- Support the development and implementation of new processes and systems.
- Assist with internal and external audits, providing documentation and insights as required.
- Contribute to incident management and resolution within the team.
- Stay informed on deal structures to identify and challenge inaccuracies or misinformation.
- Participate in project work, providing assistance and support where required.
The Operational Finance Executive plays a key role in ensuring the accuracy, efficiency, and integrity of financial operations across European, US and LATAM markets. This role supports the wider Operational Finance team in delivering timely and reliable payments to external customers, maintaining rigorous control over scheme settlements, and reconciling network cash for multiple IAD networks. The position is vital to the smooth running of the department and contributes directly to the financial health and operational success of the business.
You will support activities undertaken by the Euronet Operational Finance team including but not limited to the following tasks:
Key Responsibilities:
- Manage daily settlement payments to merchants across Europe (8 countries).
- Perform daily transaction and payment reconciliations, investigating and resolving discrepancies promptly.
- Complete and validate monthly reconciliations, interrogating data to ensure accuracy.
- Reconcile network cash for IAD (Independent ATM Deployment) networks, investigating variances and liaising with internal and external stakeholders (globally).
- Maintain and update the merchant bank account database, ensuring data integrity.
- Set up new merchant commission (residual) deals and payment terms in the accounting system.
- Prepare and distribute monthly merchant commission statements and dispute letters.
- Ensure strict adherence to internal controls and procedures related to merchant payments, recommending improvements where appropriate.
- Generate daily reports to support Operational Finance team activities.
- Maintain an accurate and up-to-date customer database, resolving any inconsistencies.
- Collaborate with other departments to resolve issues and drive process improvements.
- Support the development and implementation of new processes and systems.
- Assist with internal and external audits, providing documentation and insights as required.
- Contribute to incident management and resolution within the team.
- Stay informed on deal structures to identify and challenge inaccuracies or misinformation.
- Participate in project work, providing assistance and support where required.
Requirements
General Requirements:
- Experience in the financial services sector is highly desirable.
- Strong numerical aptitude and exceptional attention to detail.
- Proven ability to investigate and resolve complex, multi-faceted queries.
- A proactive mindset with a focus on consistent and timely delivery.
- Ability to work independently and as part of a team.
- High level of integrity and professionalism.
- Strong Excel skills
- Adaptability and willingness to learn.
Competencies:
Drive – Level 2
Communication – Level 2
Teamwork – Level 2
Planning & Organising – Level 2
Customer Focus – Level 2
Finding Solutions – Level 2
Gathering Information – Level 2
Understanding Issues – Level 2
Benefits
- Work in dynamic, stable, international environment.
- Excellent career prospects within a dynamic and multinational organization with leading position in the market and ambitious expansion plans.
Seniority level
-
Seniority level
Not Applicable
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Sales
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Operational Finance Specialist employer: Euronet EFT Segment
Contact Detail:
Euronet EFT Segment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Finance Specialist
✨Tip Number 1
Familiarise yourself with the financial operations specific to European, US, and LATAM markets. Understanding regional differences in payment processes and regulations can give you an edge during interviews.
✨Tip Number 2
Brush up on your Excel skills, particularly in data analysis and reconciliation functions. Being able to demonstrate your proficiency with Excel during practical assessments or discussions can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the financial services sector, especially those who have experience in operational finance. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your problem-solving skills in detail. Be ready to share examples of how you've successfully resolved complex financial discrepancies in the past, as this is a key aspect of the role.
We think you need these skills to ace Operational Finance Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial services, particularly any roles involving transaction reconciliations or payment management. Use specific examples that demonstrate your attention to detail and numerical aptitude.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Operational Finance Specialist role. Mention how your proactive mindset and ability to resolve complex queries align with the responsibilities outlined in the job description.
Highlight Relevant Skills: Emphasise your strong Excel skills and any experience you have with financial databases or accounting systems. Mention your adaptability and willingness to learn, as these are key competencies for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A well-presented application reflects your professionalism and attention to detail, which are crucial for this position.
How to prepare for a job interview at Euronet EFT Segment
✨Showcase Your Financial Acumen
Make sure to highlight your experience in the financial services sector. Be prepared to discuss specific examples of how you've managed financial operations, reconciled transactions, or resolved discrepancies in previous roles.
✨Demonstrate Attention to Detail
Given the importance of accuracy in this role, be ready to provide examples that showcase your exceptional attention to detail. You might want to mention any tools or methods you use to ensure data integrity and accuracy in your work.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding complex queries. Prepare to discuss how you've approached similar challenges in the past and the outcomes of your actions.
✨Emphasise Team Collaboration
This role requires collaboration with various departments. Be ready to share experiences where you've worked effectively within a team, highlighting your communication skills and ability to drive process improvements.