Responsibilities:
· To ensure accurate and prompt daily settlement of top ups and usages with Approved Bank, Approved Holder, Card Manager and/or Load/Merchant Acquirers.
o To be responsible for performing daily funds settlement reconciliation, computation and funds transfer instructions so as to ensure accuracy of funds settlement to respective parties and compliance with established Operations Manual.
o To monitor the daily funds flow movement and settlement statistics so as to highlight for investigation to relevant departments/parties if there is any unusual surge in statistics or report issues/discrepancies and follow up on closure.
o To prepare and ensure that all top up and usages are properly accounted for in journal entries and bank reconciliation for monthly closing for respective bank accounts.
o To maintain accurate and prompt statistics for billing and reporting.
o To process refunds and claims in accordance to agreed procedures for respective bank accounts.
· To prepare and analyse the liabilities, cash book and bank accounts for audit and statutory disclosure purposes.
· To be responsible for accurate and prompt cash book closing, monthly bank reconciliation, cash balance analysis & audit schedules for top up schemes/other assigned bank accounts.
o To prepare accurate cash balance analysis & audit schedules after monthly closing.
o To analyze & identify issues or discrepancies for the top up and follow up for closure with relevant parties.
o To provide and analyse 3-point reconciliation between cash book balance, liabilities and bank statement for statutory accounts disclosure.
· To work closely with relevant stakeholders (internal and external) so as to provide effective procedures, support and insights to meet the financial budget targets for relevant products/services assigned.
· To work closely with relevant stakeholders (internal and external) so as to provide effective procedures, support and insights to meet the financial budget targets for relevant products/services assigned.
· To collaborate with respective stakeholders to identify, or initiate change and be part of the team to implement process automation so as to deliver operational targets.
Requirements:
· Bachelor’s Degree in Accountancy, Banking, Finance or equivalent preferable.
· Fresh graduate or with 1-2 years experience.
· Experience in accounting, cash management and cash book closing environment.
· Experience in daily funds clearing, settlement and reconciliation of financial/digital payment products including foreign currencies in banks or financial institutions is ideal.
· Experience in working with large data sets (e.g. Qlik, Tableau, PowerBI).
· Possess knowledge of emerging payment products in local and regional context.
· Possess knowledge of relevant regulatory and compliance requirements · Inquisitive mind to question status quo and drive improvements using automation tools and improve workflows.
· Team player with aptitude to learn and take on challenges.
· Strong interpersonal and communication skills.
· Meticulous and enjoys working in a fast-paced environment.
We regret to inform that only shortlisted candidates will be notified.
To apply, please visit www.gmprecruit.com and search for Job Reference: 22522
To learn more about this opportunity, please contact Jackie at jackie.ng@gmprecruit.com
GMP Recruitment Services (S) Pte Ltd | EA Licence: 09C3051 | EA Personnel: Jackie Ng | Registration No: R22109024