Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead global cash reconciliation and regulatory reporting for a dynamic fintech company.
- Company: Join Flywire, a global leader in payments, transforming how the world handles complex transactions.
- Benefits: Enjoy competitive pay, stock options, wellness programs, and flexible work arrangements.
- Why this job: Be part of a vibrant team making a real impact in the payments industry.
- Qualifications: Requires a degree in Finance or Accounting and 10+ years in cash operations and reconciliations.
- Other info: Experience with fintech and a passion for innovation are key to success in this role.
The predicted salary is between 54000 - 84000 £ per year.
Company Description
Are you ready to trade your job for a journey? Become a FlyMate! Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.
Who we are: Flywire is a global payments enablement and software company, founded a decade ago to solve high-stakes, high-value payments in education, using modern technology. Today, we’ve digitized payments for more than 3,300+ global clients across education, healthcare, travel & B2B, covering more than 240 countries and territories and supporting over 140 currencies.
Job Description
The Opportunity
We, at Flywire, are seeking a Director - Cash Reconciliation and Regulatory Reporting. This role will be responsible for working with cash management and operations, treasury, product and accounting to ensure accurate reconciliation of incoming cash from payers and outgoing payments to clients/beneficiaries. Flywire processes over $20+ billion of payments through our various products, and ensuring timely and accurate reconciliation is key to our growth and strategic cash allocation decisions. In addition to the daily, weekly and monthly cash reconciliation process, this role will be a leader in implementing new systems and processes to drive automation throughout the lifecycle of cash.
Key responsibilities- Global Cash Reconciliation
- Oversee global cash reconciliation of 200+ bank accounts across Flywire’s products and solutions
- Partner with accounting, cash management and treasury to ensure daily recording, reconciliation and reporting requirements are met.
- Evaluate gaps in current reconciliation processes and drive changes to improve accuracy and speed
- Identify areas where automation or AI can drive efficiencies supporting recording, reconciliation and reporting of all cash movements
- Maintain and reconcile sub-ledgers to accurately identify client vs. corporate cash
- Ensure accuracy and timeliness of reporting of cash balances and related liabilities to regulators (FCA, MTL, MAS, BOL, etc)
- Ensure client and corporate cash is properly segregated, reconciled and reported
- Support preparation of quarterly call reports including determination of total money movement, average daily liability, etc
- Support regulatory examinations
- Support global consolidated audit and local statutory audits
- Lead a high-performing cash reconciliation and reporting team, providing coaching, direction, and performance management; foster a culture of accountability, innovation and continuous improvement
- Evaluate and implement tools focused on automation of repetitive tasks
- Partner with Product and Engineering teams to improve data in core platforms to support automation and innovation
- Serve as trusted advisor in the controllership function
- Bachelors degree in Finance or Accounting
- 10+ years of experience working in cash operations, reconciliations and regulatory reporting.
- Experience with fintech, payments or financial institutions with high volume and velocity of payments
- Deep understanding of cash reconciliations and related systems proficiency with excel, google sheets and accounting software NetSuite, Oracle and reconciliation tools
- Excellent analytical and problem solving skills
- Excellent written and verbal communication skills
- Ability to document process flows and suggest improvements
- Familiarity with various payment processing systems and payment types
- Proven leadership experience with the ability to manage and develop a high-performing team
- NetSuite - ERP
- Excel and Google Sheets
- Cash reconciliation automation tools (FastFour, BlackLine and proprietary tools)
- Competitive compensation, including Restricted Stock Units
- Employee Stock Purchase Plan (ESPP)
- Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
- Work with brilliant people that will keep you on your toes
- Dynamic & Global Team
- Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates
- Be a meaningful part in our success - every FlyMate makes an impact
- Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!
- Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)
Submit today and get started! We are excited to get to know you!
Flywire is an equal opportunity employer. With over 30 nationalities across 12 different offices, and diversity and inclusion at the core of our people agenda, we believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.
Director - Cash Reconciliation and Reporting employer: Flywire
Contact Detail:
Flywire Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director - Cash Reconciliation and Reporting
✨Tip Number 1
Familiarise yourself with Flywire's mission and values. Understanding their focus on global payments and the importance of cash reconciliation will help you align your experience with their goals during discussions.
✨Tip Number 2
Network with current or former FlyMates on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations for the Director role, which can be invaluable in your conversations.
✨Tip Number 3
Prepare to discuss specific examples of your experience with high-volume cash reconciliations. Highlighting your achievements in similar roles will demonstrate your capability to handle the responsibilities outlined in the job description.
✨Tip Number 4
Stay updated on trends in fintech and payment processing. Being knowledgeable about the latest technologies and regulatory changes will show your commitment to the industry and your readiness to lead in this dynamic environment.
We think you need these skills to ace Director - Cash Reconciliation and Reporting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cash operations, reconciliations, and regulatory reporting. Use specific examples that demonstrate your ability to manage multi-billion dollar cash reconciliation on a global scale.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Mention how your background aligns with Flywire's mission and values, and provide insights into your leadership style and experience in driving automation in cash processes.
Highlight Key Qualifications: Clearly outline your qualifications, such as your degree in Finance or Accounting and your 10+ years of relevant experience. Emphasise your proficiency with tools like NetSuite and Excel, and your understanding of cash reconciliation systems.
Showcase Problem-Solving Skills: Provide examples in your application that showcase your analytical and problem-solving skills. Discuss specific challenges you've faced in cash reconciliation and how you implemented solutions to improve accuracy and efficiency.
How to prepare for a job interview at Flywire
✨Showcase Your Leadership Skills
As a Director, you'll need to demonstrate your ability to lead and develop high-performing teams. Prepare examples of how you've successfully managed teams in the past, focusing on coaching, accountability, and fostering a culture of innovation.
✨Highlight Your Cash Reconciliation Experience
Given the role's focus on global cash reconciliation, be ready to discuss your experience with managing multi-billion dollar reconciliations. Share specific instances where you improved processes or implemented automation to enhance efficiency.
✨Understand Regulatory Reporting Requirements
Familiarise yourself with the regulatory bodies mentioned in the job description, such as FCA and MAS. Be prepared to discuss your experience with regulatory reporting and how you've ensured compliance in previous roles.
✨Demonstrate Analytical Problem-Solving Skills
The role requires excellent analytical skills. Prepare to discuss complex problems you've solved in cash operations or reconciliations, and how your solutions led to improved accuracy and speed in processes.
