Settlement & Reconciliation Analyst

Singapore

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Binance
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Posted 4 weeks ago

Please note, all positions at Binance require relevant experience. Applications without required experience will not be considered.
Binance is the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption and increase the freedom of money for people around the world.
Are you looking to be a part of one of the most influential companies in the blockchain industry and contribute to the crypto-currency revolution that is changing the world?

Responsibility:

  • Analyze and resolve card transaction variances during the daily settlement reconciliation process.
  • Reconcile each network/endpoints settlement received against the internal processing platform to ensure appropriate settlement is received and identify any settlement differences.
  • Research and resolve all out of balances conditions.
  • Reconcile and validate settlement received against settlement paid out to vendors.
  • Utilize daily match and kill process to identify exceptions requiring further handling.
  • Reconcile and verify rebates and cashback paid out to clients.
  • Research and process exceptions to appropriately settle exception adjustments to cardholders and terminals.
  • Prepare Daily Settlement Reconciliation (DSR) to be utilized in the Reconciliation of the Settlement Bank Account.
  • Review and ensure all approvals are obtained on the DSR recon.
  • Assist with other reconciliations as required.
  • Maintain open communications between internal and external stakeholders.
  • Assist other team members and perform other tasks within the department as required by management.
  • Drive change from a team member perspective with regard to the implementation of automated systems and the streamlining of existing processes.
  • Special projects as assigned.

Requirements:

  • Bachelor's degree preferred, but not required (in Accounting, Finance or Business Administration.
  • High School Diploma with appropriate experience may substitute for a Bachelor's degree.
  • 2-6 years of experience in Accounting, Account Reconciliation or back office banking helpful.
  • Experience working with EFT networks, such as Mastercard, Visa, Shazam, NYCE, Fiserv, Pulse, STAR or CU24 helpful.
  • Demonstrate good analytical and problem solving skills with the ability to identify cause and effect and communicate results in a structured manner.
  • Excellent attention to detail, organizational skills, time management skills and the ability to handle multiple deadlines daily.
  • Proficient in Microsoft Excel, Microsoft Office applications, and Google Docs/Sheets
  • Must be able to work well with others, specifically within a team environment.
  • Enthusiastic team player, but also capable of working independently.
  • Strong ability to effectively interact with management and cross-functional departments on a regular basis.

Conditions• Do something meaningful; Be a part of the future of finance technology and the no.1 company in the industry• Fast moving, challenging and unique business problems• International work environment and flat organisation• Great career development opportunities in a growing company• Possibility for relocation and international transfers mid-career• Competitive salary• Flexible working hours, Casual work attire
Job tags: Accounting Banking Blockchain Competitive salary Cross-functional Excel Reconciliation Research
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