Company Overview

The organization operates within the fintech and digital payments industry, providing technology-enabled financial services that support electronic payments, transaction processing, and business financial operations.

Its payment environment involves multiple transaction channels, banking partners, payment service providers, settlement arrangements, and financial reporting systems.

Maintaining accurate financial records and ensuring that processed transactions are properly reconciled are essential to its operational activities.

The organization is seeking a detail-oriented Payment Reconciliation & Settlement Analyst to strengthen its financial reconciliation processes and support the accuracy of payment settlement operations.

Role Summary

The Payment Reconciliation & Settlement Analyst will be responsible for reviewing, matching, and reconciling payment transactions across internal systems, banking records, and external payment service providers.

The role focuses on identifying settlement discrepancies, investigating unmatched transactions, monitoring settlement records, and ensuring that financial movements are accurately reflected in internal reporting systems.

The successful candidate will work closely with payment operations, accounting, finance, and external banking partners to resolve reconciliation issues and improve settlement accuracy.

This opportunity is suitable for a professional with strong financial operations experience and a practical understanding of digital payment processing.

Key Responsibilities

• Perform daily reconciliation of payment transactions across internal systems and external financial records.

• Match transaction records against bank statements, payment processor reports, and settlement files.

• Investigate unmatched, duplicated, missing, and incorrectly recorded transactions.

• Monitor settlement activities to ensure payment records are accurately reflected in financial systems.

• Identify discrepancies involving transaction fees, settlement amounts, refunds, and payment adjustments.

• Coordinate the investigation and resolution of outstanding reconciliation items.

• Maintain accurate reconciliation records and supporting financial documentation.

• Prepare daily, weekly, and monthly settlement reports for finance and operational stakeholders.

• Work with payment service providers and banking partners to resolve settlement-related queries.

• Review transaction processing reports to identify recurring errors and operational inefficiencies.

• Support month-end financial closing activities involving payment settlements.

• Monitor outstanding settlement balances and follow up on unresolved reconciliation differences.

• Collaborate with accounting teams to ensure accurate financial posting and reporting.

• Assist with improvements to automated reconciliation tools and financial reporting workflows.

• Maintain procedures covering reconciliation activities, exception handling, and settlement controls.

• Identify opportunities to reduce manual reconciliation tasks through automation and process improvements.

Requirements and Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related discipline.

• At least three years of experience in payment reconciliation, financial operations, settlement processing, or accounting.

• Strong understanding of electronic payment transactions and settlement procedures.

• Experience reconciling bank statements, payment processor records, and internal financial reports.

• Familiarity with payment gateways, merchant acquiring, and payment service provider operations.

• Advanced Excel skills and experience working with financial reporting tools.

• Knowledge of accounting principles and transaction recording procedures.

• Familiarity with SQL or automated reconciliation platforms is advantageous.

• Ability to investigate financial discrepancies and resolve outstanding reconciliation items.

• Strong numerical accuracy and attention to detail.

• Excellent analytical, organizational, and time management skills.

• Ability to communicate effectively with banking partners and internal departments.

• Professional proficiency in English.

Benefits

• Fully remote working arrangement within Estonia.

• Competitive compensation based on experience and professional qualifications.

• Opportunity to work with modern payment processing and settlement systems.

• Professional development in payment operations and financial management.

• Exposure to banking integrations and automated financial reconciliation technologies.

• Collaborative working environment involving finance, accounting, and payment operations professionals.

• Opportunity to contribute to improved financial accuracy and payment settlement efficiency.

Application Instructions

Interested candidates should submit an updated CV highlighting their experience in payment reconciliation, settlement operations, accounting, or financial transaction processing.

Applications should demonstrate practical knowledge of bank reconciliation, payment processor reporting, settlement procedures, and financial discrepancy investigation.

Candidates are encouraged to describe previous reconciliation projects and explain how their contributions improved financial accuracy, reduced outstanding settlement items, or strengthened payment operations.

Are you interested in this position?

Apply by clicking on the “Apply Now” Button below!

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