Reconciliation Specialist

Reconciliation Specialist

Full-Time 37800 - 46200 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Own reconciliation of financial records and ensure accuracy across transactions.
  • Company: Join LemFi, a fast-growing fintech revolutionising finance for the Global South.
  • Benefits: Hybrid work, competitive salary, and the chance to make a real impact.
  • Other info: Dynamic team culture with opportunities for growth and innovation.
  • Why this job: Be part of a mission to empower families and change lives through finance.
  • Qualifications: 3-5 years of reconciliation experience and strong analytical skills required.

The predicted salary is between 37800 - 46200 £ per year.

LemFi (Series B) is building the go-to financial app for the Global South. Moving to a new country shouldn’t mean starting from zero. That's why our team of 400+ spanning 20+ countries is building a financial ecosystem that helps immigrants stay connected to home, build stability, and create wealth regardless of where they are from or where they live.

What began as fast, affordable remittances is now evolving into a complete platform for multi-currency accounts, payments, credit, and long-term financial growth. With millions of users across the globe, we process over $1B in monthly transactions to 30+ countries, proving that borders shouldn't limit financial opportunity.

About the role: You'll own reconciliation across LemFi's financial records, from the general ledger through to bank accounts and partner settlements. This is hybrid remote/office work, and the team operates on a rotating weekend schedule, covering either a Saturday or Sunday approximately once per month. You'll need 3+ years of hands-on reconciliation experience and a comprehensive understanding of how payment and settlement transaction chains work globally. This role demands accuracy, problem-solving under pressure, and the ability to work cross-functionally with Finance, Accounting, Engineering, and partners to keep our financial operations tight and compliant.

What you'll build and own:

  • Reconcile transactions across the general ledger and sub-ledgers.
  • Ensure accuracy and completeness of financial records, including complex transactions.
  • Reconcile bank accounts and credit card transactions end to end.
  • Identify and resolve discrepancies: double charges, incorrect amounts, failed bookings, outstanding transactions.
  • Follow up continuously and provide updates to management.
  • Lead investigation and recovery of unsettled transactions with partners and banks.
  • Monitor disputed transactions for possible fraudulent activity and report findings.
  • Prepare daily, month-end and year-end reports.
  • Prepare monthly bank reconciliation reports with accurate breakdowns for the Finance Department.
  • Present findings to management, highlighting discrepancies and providing insights.
  • Work closely with Customer Services, Engineering, and Product teams to resolve customer disputes and requests within SLA.
  • Support new product development and process improvements.
  • Maintain relationships with banking and payments partners.
  • Ensure compliance with all partner obligations including periodic filings and reports.
  • Support internal and external auditors with documentation and ensure data quality and accuracy that supports better organisational decision-making.

Your experience:

  • 3 to 5 years of reconciliation experience with comprehensive knowledge of how payment and settlement transaction chains work globally.
  • Proficiency in Excel, Word and reconciliation tools (in-house or third-party).
  • Excellent analytical, research, verbal and written communication skills.
  • High level of accuracy and attention to detail in financial reporting and reconciliation tasks.
  • Strong problem-solving skills, even under pressure and tight deadlines.
  • Ability to manage multiple priorities and meet deadlines.
  • A strong team player with a customer service orientation.
  • Adaptable to global operational needs and able to work in a rapidly changing business and regulatory environment.
  • Experience working in fintech or a financial institution is strongly preferred.

Nice to have:

  • Previous experience in credit card reconciliation or knowledge of credit products.
  • General accounting principles and banking systems knowledge.
  • Advanced education degree.

Why Join LemFi? Love shouldn’t be expensive, yet those working hardest for their families often face predatory fees and banking exclusion. We're changing this. At LemFi, you won’t be just a cog in a machine. Whether designing products, scaling operations, or telling our story, you’ll tackle complex challenges with real, immediate impact. Your work goes beyond metrics - it puts money back in families’ pockets and offers access to the previously excluded. Join us to make a meaningful difference, where high performance is a lifeline for millions.

Reconciliation Specialist employer: LemFi

LemFi is an exceptional employer that values innovation and community engagement, particularly within the Ghanaian diaspora in the UK. With a dynamic work culture that encourages collaboration and creativity, employees benefit from ample growth opportunities and the chance to make a tangible impact in the fintech space. The company's commitment to understanding and serving its communities sets it apart, making it a rewarding place for those looking to drive meaningful change.

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Contact Details:

LemFi Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Reconciliation Specialist

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like LemFi. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Reconciliation Specialist

Reconciliation Experience
Understanding of Payment and Settlement Transaction Chains
Accuracy in Financial Reporting
Problem-Solving Under Pressure
Cross-Functional Collaboration
Excel Proficiency
Attention to Detail

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LemFi.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on LemFi's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at LemFi

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LemFi.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at LemFi will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former LemFi employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.