Head of Reconciliations

THE COMPANY:

We are working with an exciting client of ours who operate in the PSD & EMI Space currently. They are looking to hire a Head of Reconciliations, who will be responsible for leading and optimizing the reconciliation processes across all financial transactions.

THE RESPONSIBILITIES:

• Oversee the reconciliation of financial transactions across multiple platforms, including digital wallets, payment platform, and other financial systems.
• Ensure timely and accurate reconciliation operations management and address any discrepancies in a prompt and effective manner.
• Develop and implement robust reconciliation policies, procedures, and controls to support business growth and scalability.
• Drive initiatives to automate reconciliation processes.
• Collaborate with product, technology, and data teams to design and implement scalable reconciliation systems and workflows.
• Continuously evaluate existing processes to identify inefficiencies and recommend enhancements to improve accuracy and reduce operational risks.
• Provide regular updates and reports on reconciliation status, performance metrics, and risk factors to senior management and other key stakeholders.
• Develop a strategic vision for the reconciliation function, aligning with the organization’s overall business strategy and growth objectives.
• Prepare and present detailed reports on reconciliation performance, trends, and strategic initiatives to the management team.

EXPERIENCE REQUIRED:

• Over 5-7 years’ experience in financial reconciliations, with at least 2-3 years in a leadership role, preferably in the context of payment solutions or financial data.
• In-dept knowledge of digital payment systems.
• Experienced as a user of Financial ERP Systems.
• Proven track record of managing reconciliation processes and driving process improvements in a high-growth environment.
• Proficiency in reconciliation and financial management software, as well as data analytics tools (e.g., SQL, Python).
• Experience with automation tools and technologies.

For further information, please contact Eleanor Gowling