Key Responsibilities:
- Merchant Payment Processing:
- Process daily merchant settlements and ensure timely disbursement of funds.
- Validate transaction data received from payment gateways, banks, and internal systems.
- Coordinate with internal teams and banks for payment file uploads and approvals.
- Reconciliation:
- Perform daily, weekly, and monthly reconciliation of merchant transactions across systems.
- Investigate and resolve mismatches or discrepancies in transaction data.
- Maintain accurate records of reconciled and unreconciled items.
- Handling funding rejects.
- Amendment:
- Managing Financial and Non Financial Amendments.
- Ensuring validation of all such amendments pre and post amendment.
- Publishing dashboard for visibility.
- Reporting & Documentation:
- Prepare reconciliation reports and dashboards for internal stakeholders.
- Maintain audit trails and documentation for all payment and reconciliation activities.
- Assist in internal and external audits by providing necessary data and clarifications.
- Process Improvement:
- Identify gaps in the reconciliation process and suggest automation or process enhancements.
- Support implementation of new tools or systems for reconciliation and reporting.
- Compliance & Controls:
- Ensure adherence to regulatory guidelines and internal policies.
- Maintain confidentiality and data integrity in all financial operations.
Key Skills & Competencies:
- Strong analytical and numerical skills
- Proficiency in MS Excel and reconciliation tools
- Knowledge of payment systems and acquiring business (UPI, POS, PG,NEFT/RTGS, etc.)
- Attention to detail and accuracy
- Good communication and coordination skills
- Ability to work under pressure and meet deadlines
Qualifications & Experience:
- Bachelor’s degree in Commerce, Finance, or related field
- 1–3 years of experience in merchant payments, banking operations, or reconciliation
- Experience with settlement operations
R-10368515
