Reconciliation Specialist

Job not on LinkedIn

🔥 0 minutes ago

Apply Now

Find Similar Remote Jobs

Receive Emails For Remote Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

LemFi

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 2020

💰 $53M Series B - LemFi on 2025-01

We’re building the go-to financial app for the Global South - enabling our customers to spend, save, send, and grow their wealth, all in one place.

📋 Description

• 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.

🎯 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