Reconciliations Specialist - Singapore

Singapore

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Posted 4 weeks ago

About Kraken
Our mission is to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion.  Founded in 2011 and with over 4 million clients, Kraken is one of the world's largest, most successful bitcoin exchanges and we're growing faster than ever. Our range of successful products are playing an important role in the mainstream adoption of crypto assets.  We attract people who constantly push themselves to think differently and chart exciting new paths in a rapidly growing industry. Kraken is a diverse group of dreamers and doers who see value in being radically transparent. Let's change the way the world thinks about money! Join the revolution!
About the role:
As a key member of the Accounting team reporting into the Accounting Manager, the Reconciliation Analyst will be responsible for ensuring the accuracy of end-to-end reconciliations of all movements that pass through the payment rails of the Kraken ecosystem.

What you'll do:

  • Reconciliation of bank accounts involving different sources of transactions i.e. FAST,      SWIFT, MasterCard, Visa & other APMs
  • Preparing journal entries to record banking activities based on the output of the reconciliation process
  • Ability to work with large, complex datasets & display methodical approach to resolving discrepancies between bank records and platform data
  • Ensure every financial transaction has a corresponding ledger entry that can be tracked from platform to bank
  • Able to work well with other members of the team to investigate cause of issues
  • Identify discrepancies, the respective root causes, and taking action to resolve    
  • Deliver to tight deadlines in an evolving environment and sometimes shifting priorities
  • Ensuring all reconciliation related processes and procedures are put in place, fully adhered to and processed within business and regulatory guidelines
  • Identifying operational requirements to record new sources of transaction
  • Communicate with internal / external stakeholders to resolve queries
  • Continually look at ways of improving reconciliation robustness and introducing controls
  • Participate actively in ad-hoc projects  and tasks as assigned

Who you are:

  • 2+ years work experience with reconciliations in a high-volume transaction environment
  • Knowledge of Card Schemes, Alternative Payment Methods & payment solutions
  • Very good working knowledge of MS Excel (Formulas, Pivot Tables, Reference Functions)
  • Have excellent attention to detail and ability to work with large data sets
  • Motivated to find end-to-end solutions and work cross-functionally and with remote teams
  • Excellent Excel skills.
  • Excellent written and verbal communication
  • Desirable:
  • Hold a university / college degree in a numerical subject

Nice to haves:

  • Knowledge of FinTech space & Open Banking
  • Have worked within a bank/similar role in a reconciliation function.
  • Strong analytical skills.
  • Experience and knowledge of payment types.
  • Ability to work to deadlines.
  • An understanding of accounting concepts, principles and reconciliation tools.
We’re powered by people from around the world with their own unique backgrounds and experiences. We value all Krakenites and their talents, contributions, and perspectives.
Check out all our open roles at https://jobs.lever.co/kraken. We’re excited to see what you’re made of.  
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Job tags: Accounting Banking College degree Excel Fintech Rails Reconciliation