Financial Analyst - Settlements
Edinburgh or London

What's the role about

Paysend engages and transacts with multiple partners across the globe, and we’re looking for analysts to help establish and monitor the control environment surrounding partner reconciliations. The primary role will be to work with the partner settlement team based in UK - Edinburgh and ensure that full end-to-end partner reconciliations are performed on a daily basis with full auditability. The role will support the Financial Planning & Analysis manager in delivering accurate and timely Net Asset Reporting to business stakeholders and also support the cash reconciliation side of the settlement payment system.

We have two hubs in the UK, in London and Edinburgh. Ideally you will be located within commutable distance of either office. We offer hybrid working with around 20% of your time to be able to be in a hub location.

What you’ll be doing

  • Establish relationship with Operational partner settlement team in the UK and Belgrade, acting as the settlement Partner to set up data flow from Ops to Finance reconciliation 
  • Strong connection with controlling team in Edinburgh in terms of balance sheet accuracy and controls 
  • Creating a control environment where end to end partner reconciliations are performed on a daily basis, reviewing and challenging where appropriate
  • Blackline reconciliation process
  • Documentation of end to end process
  • Continuous improvement of efficiency and effectiveness of reconciliations and underlying settlement system process and reports
  • Reviewing daily partner reconciliations and creating/reviewing daily Net Asset reporting. Investigation and resolution of reconciling items and issues
  • Reviewing daily postings to Net Suit, checking with actuals and adjustments
  • Monthly balance sheet reconciliations to support month end position to accounting team
  • Supporting the preparation and review of the cash reconciliation part of the settlement system

What you’ll need to be successful in the role

  • Someone who is experienced in performing reconciliations and review and resolution of differences
  • Demonstrable experience of creating, reviewing and improving control procedures and environments
  • In-depth knowledge of Microsoft Excel (Macros, X and Vlookups, VBA; Power Query; Bios;)
  • Analytical and data driven
  • Work experience in the internet / fintech / eCommerce industry is preferred
  • Skilled at working effectively with cross functional teams in a matrix organisation
  • Strong problem-solving skills and willingness to roll up one’s sleeves
  • Knowledge of Blackline and Netsuite

What skills will be of benefit in this role

  • An accountancy qualification would be preferable
  • Team spirit
  • Supportive and collaborative mentality.
  • Attention to detail 
  • Analytical skills 

 

Apply now