Overview
This role involves joining the accounting and financial operations team as a Financial Settlement Accountant. The position supports daily settlement activities by ensuring reconciliations are completed accurately across sponsor banking programs, while also contributing to related accounting and financial operations functions. Success in this role requires strong reconciliation and investigative skills, comfort resolving payment discrepancies, and the ability to collaborate with banks, production support, engineering teams, and business stakeholders.
Responsibilities
Settlement & Financial Operations
- Own daily settlement review and reconciliation processes across multiple banking partners.
- Review settlement files and validate bank-reported activity against internal ledger transactions.
- Perform detailed reconciliation and variance analysis to ensure accuracy of financial activity.
- Review and validate NACHA files and settlement transactions.
- Investigate payment discrepancies and identify root causes of settlement variances.
- Escalate issues appropriately and collaborate with internal teams to resolve exceptions.
- Coordinate manual money movements and settlement adjustments when operational corrections are required.
- Serve as a key operational checkpoint prior to external file release and settlement processing.
- Communicate settlement status, reconciliation results, and exception findings to stakeholders.
Accounting & Reconciliation
- Prepare account reconciliations and supporting documentation.
- Assist with monthly close activities, journal entries, and account analysis.
- Support balance sheet reconciliation processes.
- Maintain accurate financial records and documentation.
- Ensure compliance with established accounting policies and procedures.
- Participate in audits and provide supporting documentation as needed.
Collaboration & Process Improvement
- Partner with internal teams including Accounting, Production Support, Engineering, Data, and Operations.
- Work directly with banking partners and third-party vendors regarding settlement and reporting activities.
- Identify opportunities to improve processes, controls, automation, and operational efficiency.
- Assist with backup coverage and cross-functional financial operations responsibilities.
Requirements
- Bachelor’s degree in Accounting, Finance, Business, or equivalent combination of education and experience.
- 3+ years of accounting, financial operations, reconciliation, treasury, banking, payments, or related experience.
- Strong experience performing reconciliations and variance analysis.
- Experience investigating financial discrepancies and resolving exceptions.
- Intermediate to advanced Excel skills including pivot tables, formulas, and data analysis.
- Strong attention to detail and accuracy.
- Excellent communication and collaboration skills.
Preferred Qualifications
- Banking, FinTech, payment processing, ACH, NACHA, card processing, or settlement experience.
- Experience working directly with financial institutions or sponsor banks.
- Exposure to financial operations, treasury management, or payment operations.
- Experience with Power BI or financial reporting tools.
- Familiarity with SQL, data analysis, or reporting platforms.
- Experience using modern productivity and AI tools such as Copilot, ChatGPT, or similar technologies.
Compensation & Benefits
- Competitive salary.
- Eligibility for incentive awards based on both individual and business performance.
- Comprehensive range of benefits.
Location & Work Authorization
- Applicants must be authorized to work in the United States without the need for sponsorship now or in the future.
- Visa sponsorship is not available for this position.
Equal Opportunity
- The employer is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, physical and mental disability, marital status, veteran status, or any other characteristic protected by applicable law.
- If you need an accommodation during the recruitment process, please request one so the team can work with you to meet accessibility needs.