At a Glance
- Tasks: Lead financial reconciliation processes and ensure data accuracy across systems.
- Company: Dynamic fintech startup with a focus on innovation and growth.
- Benefits: Competitive salary, share options, and future benefits.
- Other info: Fast-paced environment with opportunities for professional development.
- Why this job: Join a startup and shape the future of financial operations.
- Qualifications: 3+ years in financial accounting or banking operations; strong analytical skills.
The predicted salary is between 60000 - 80000 € per year.
Your Role: We are looking for an experienced Business Lead to oversee the organization and support of financial reconciliation processes and account management within a financial institution. The key focus is to build a robust system for monitoring consistency between transactions in the payment system, Core Banking System (CBS), and internal ledgers.
What You Will Be Doing:
- Set up and manage daily/monthly reconciliation between CBS, internal services, and processing platforms
- Identify, classify, and escalate discrepancies; initiate corrective actions
- Align account models for new products with technical and finance teams
- Design and validate accounting schemes (postings) for various operations
- Define account parameters—service modes, activity types, and restrictions
- Formulate requirements for reports (statements, trial balances, daily balance sheets, cash flow, etc.)
- Ensure data accuracy in reports; participate in internal/external audit preparations
- Maintain a reconciliation and accounting backlog
- Define requirements for integrations with processing, payment gateways, and banks
- Develop and implement Data Quality Assurance procedures
- Assess the impact of new products/features on existing account logic and accounting practices
- Participate in testing of postings, account flows, and reconciliation logic prior to launch
Who You Are:
- Highly structured, detail-oriented and thrive in establishing order in complex environments
- Take full ownership and proactively resolve issues without waiting for direction
- Comfortable working cross-functionally between finance and tech teams
- Stay calm under pressure and love finding patterns in financial data
Your Experience:
- 3+ years of experience in financial accounting, banking operations, or payment systems
- Strong understanding of accounting principles, posting schemes, revenue and liability recognition
- Experience working with CBS/ERP/financial data interfaces
- Ability to work with large volumes of financial data; proficient in Excel; knowledge of SQL is a plus
- Experience preparing financial or managerial reports
What we are offering: Competitive salary is negotiable depending on the candidate's level. Share options. We are still a startup and more benefits are on the way.
Reconciliation Business Lead Global Fintech employer: Fintech Farm Ltd
Join our dynamic fintech startup where innovation meets opportunity! As a Reconciliation Business Lead, you'll thrive in a collaborative work culture that values detail-oriented professionals who take ownership of their roles. With competitive salaries, share options, and a commitment to employee growth, we offer a unique environment for you to develop your skills while contributing to the evolution of financial reconciliation processes.
StudySmarter Expert Advice🤫
We think this is how you could land Reconciliation Business Lead Global Fintech
✨Tip Number 1
Network like a pro! Reach out to your connections in the fintech space and let them know you're on the lookout for opportunities. A personal recommendation can go a long way in landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their financial reconciliation processes and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your problem-solving skills! Be ready to tackle hypothetical scenarios related to discrepancies and reconciliation during interviews. This will demonstrate your analytical abilities and how you handle pressure.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing candidates who are proactive and engaged. Plus, it gives us a chance to see your application in the best light possible.
We think you need these skills to ace Reconciliation Business Lead Global Fintech
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Reconciliation Business Lead. Highlight your experience in financial accounting and any relevant skills that align with the job description. We want to see how your background fits with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of how you've managed reconciliation processes or resolved discrepancies in the past. We love a good story!
Showcase Your Attention to Detail:Since this role requires a keen eye for detail, make sure your application is free from typos and errors. We appreciate candidates who take the time to ensure their documents are polished and professional. It shows you care!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Fintech Farm Ltd
✨Know Your Numbers
Make sure you brush up on your financial accounting knowledge. Be prepared to discuss specific examples of how you've managed reconciliation processes in the past. Highlight your experience with CBS and any relevant software, as this will show you're ready to hit the ground running.
✨Showcase Your Problem-Solving Skills
Prepare to share instances where you've identified discrepancies and taken corrective actions. Companies love candidates who can demonstrate ownership and initiative, so think of a few solid examples that showcase your ability to resolve issues proactively.
✨Cross-Functional Collaboration
Since this role involves working closely with both finance and tech teams, be ready to discuss how you've successfully collaborated across departments in the past. Highlight any experiences where you’ve aligned account models or worked on integrations, as this will show your versatility.
✨Data Accuracy is Key
Emphasise your attention to detail and your experience with data quality assurance procedures. Be prepared to talk about how you've ensured accuracy in reports and participated in audits. This will demonstrate your commitment to maintaining high standards in financial reporting.
