Senior Analyst - Financial Operations

Key Responsibilities:

• To check for any GMV leakages in the system by doing a regular reconciliation and work closely with the tech teams. Also, to do a day to day reconciliation of deposits and withdrawals into Nodal account.
• Bank MIS reconciliation with system data and matching of funds on daily basis.
• Co-ordinate with Banks for issues in reconciliation and payment related issues.
• Post Nodal account reconciliation on a daily basis, provide day end summary to the accounting team for passing appropriate accounting entries.
• Maintaining Nodal Account Health by keeping check on funds lying and Age analysis of the same.
• Work closely with Tech teams to understand where the daily MIS files are struck and ensure the same are ingested into the dashboard and attain a 100% reconciliation. Also, find innovative ways of automation.
• Ensuring the commissions are charged as per the agreed commercials with the banks.
• Balancing and matching of the funds at day ends. Analyze the difference occurs and treatment of the same.
• Research and solve payment discrepancies.
• Resolve invalid or unauthorized deductions by following pending deductions procedures.
• Month End Deliverables: Cost reports, Gross margin analysis,

What do we expect from you

• Bachelor s degree in commerce, Finance, or related fields; additional qualifications in project management or business management are advantageous
• 2-5 years of working experience in the field of Reconciliation and Merchant Settlement.
• Similar working experience in a Payment gateway/aggregator is a plus.
• Proficient in Microsoft Office suite of products specially MS Excel to handle large volumes of data. Motivated self-starter able to work independently with minimal supervision as well as cooperatively with others within and across functions.x