Powering financial inclusion across borders.
Reconciliation Specialist
Location
United Kingdom
Posted
2 days ago
Salary
0
Seniority
Senior
Job Description
Reconciliation Specialist
LemFi
• Reconcile transactions across the general ledger and sub-ledgers, ensuring accuracy and completeness of financial records, including identifying transactions that are complex in nature. • Reconcile bank accounts and credit card transactions. • Provide documentation to support all financial transactions; maintain required files, reports, and data. • Follow up on all outstanding transactions continuously and provide updates to management. • Identify and resolve discrepancies in different accounts, such as double charges, incorrect amounts, or failed bookings. • Complete all daily assigned tasks within set deadlines. • Prepare daily, month-end, and year-end reports. • Monitor and instigate journal postings and reconcile control accounts. • Prepare monthly bank reconciliation reports for the Finance Department regarding all transactions to and from LemFi, with accurate breakdowns. • Prepare and present reconciliation reports to management, highlighting discrepancies and providing insights for decision-making. • Assist internal and external auditors with documentation required to complete their work satisfactorily. • Monitor all banking activities in order to detect irregularities. • Work closely with other departments, such as Finance and Accounting, to ensure smooth financial operations and compliance with policies. • Identify opportunities for process improvements in reconciliation procedures and suggest best practices to enhance efficiency. • Lead investigation and recovery of unsettled transactions with partners and banks. • Ensure the quality and accuracy of data and present it in a way that supports better organisational decision-making. • Liaise with Customer Services and Engineering teams for the resolution of customer requests and disputes within SLA. • Monitor disputed transactions for possible fraudulent activity and report findings to management. • Work with Product and Engineering teams to improve internal processes and support new product development for customer satisfaction. • Analyse income and costs for the organisation based on transactions processed through partner channels. • Maintain relationships with banking and payments partners, and ensure compliance with all partner obligations including periodic filings and reports.
Job Requirements
- 3–5 years of reconciliation experience.
- Comprehensive knowledge of how payment and settlement transaction chains work globally.
- 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, meet deadlines, and manage time effectively.
- 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.
- Proficiency in Excel, Word, and reconciliation tools (in-house or third-party).
- Excellent written and verbal communication skills in English, with the ability to present findings clearly and collaborate with team members.
Benefits
- Health insurance
- Flexible work arrangements
- Professional development opportunities
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