Global Payments (TSYS)
Settlement Associate
- ZAGREB, , CROATIA
- Full-time
- Posted
Skills
Job description
Responsible for reconciliation and transfer of daily cash funds between all of issuing bank accounts and third-party associations. Research and resolve out of balance funds to bring account back to full reconciliation.
Responsibilities:
•Independently perform a set of daily settlement, and reconciliation tasks within established guidelines and timeframes
•Provide support and back-up coverage for other associates as necessary
•Create and maintain documentation for daily procedures
•Facilitate continuous improvement of daily processes by collaborating with pertinent functional business units and driving change
•Participate in SOX and SOC1 audits by preparing documentation or producing sample data within established due dates
•Monitor and resolve settlement failures according to policy guidelines and perform B2B collections when necessary
•Execute complex reconciliations using Access databases and Oracle query tools and provide thoughtful, analytical input in order to not only resolve discrepancies, but to work toward eliminating the root cause of the variances
•Work directly with external business partners such as banks, distributors and financial auditors
Requirements:
•Bachelor's Degree in Business Administration, Accounting, Finance or related field or equivalent experience
•Knowledge of settlement concepts, terminology, standards and practices, experience in the banking, or card payment processing industry highly desired
•Proficiency in performing financial reconciliations and possess knowledge of common resolution techniques
•Comfortable working in a fast-paced environment with frequent interruptions and adhering to strict deadlines
•Intermediate/Advanced level Excel and knowledge of Access databases or relational database concepts a plus
•Excellent written and verbal communication skills and possess the ability to draft technical procedures and process documentation
•Ability to speak/present comfortably to small groups, provide training to business partners both in live and virtual settings
•Ability to communicate effectively with individuals of varying technical understanding and all levels of leadership
•Reliability and punctuality are required since most of the daily work is confined to strict deadlines