Hybrid Reconciliations Manager

Posted last week

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About the role

  • Set up reconciliation processes and procedures ensuring smooth data and funds flows.
  • Oversee daily financial operations, including settlement, reconciliation, and reporting for card schemes (Visa, Mastercard, etc.).
  • Ensure issues identified during reconciliations are reported to the relevant teams, adequately logged into our internal systems and resolved.
  • Maintain proper segregation of client funds as per regulatory requirements.
  • Review and update the Safeguarding Policy and Outsourcing Policy to align with MFSA guidelines, EMD2, and PSD2 requirements and ensure adherence to these rules.
  • Liaise with the Tech team to automate processes such as daily reconciliation of client funds, transaction tracking, and reporting.
  • Manage card scheme fees, assessments, and interchange reconciliation, ensuring accuracy and compliance.
  • Update the other Finance teams on activities that occurred during the month and matters requiring their attention.
  • Assist with the compilation of ad hoc and monthly reports for onward distribution to key stakeholders.
  • Manage relationships with banks, processors, card networks and other financial partners.
  • Liaise with internal and external stakeholders on queries and operational issues which may arise such as assisting Merchants & Partners in balance details and report walkthroughs, and assisting business development and account management teams regarding any custom processes and/or reports required.
  • Identify process improvements to enhance efficiency and reduce risk.
  • Assist the team with handling audit requests to ensure efficient audit engagements.
  • Provide assistance when required on ad hoc business requests and projects.
  • Other Finance related tasks.

Requirements

  • Possess a Banking, Accounting or Finance Degree.
  • Have a minimum of 3 years of work experience in a similar position.
  • Previous experience within the Financial Services especially in card acquiring would be ideal.
  • Excellent written and verbal communication skills demonstrating good command of the English language.
  • Excellent numerical skills and proficient in Microsoft Office programs, mainly Excel.
  • Be highly organized, able to work on own initiative, and have excellent attention to detail.
  • Be a team player, flexible, and able to meet strict deadlines.
  • Be able to work in a fast paced environment.
  • Conversant with IT systems.

Benefits

  • Flexible working conditions
  • Competitive Salary
  • Daily Lunch allowance
  • Private Medical Insurance
  • Gym allowance - available after the probation period
  • Birthday/anniversary gifts
  • Training and development opportunities - available after probation period

Job title

Reconciliations Manager

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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