Position Summary:-

The primary objective of this role is to ensure that all customer cash transactions (deposits and withdrawals) processed via Payment Service Providers (PSP’s) are reconciled end-to-end and all related charges, transaction fees, realised and unrealised foreign exchange amounts are recorded accurately, completely and on a regular and timely basis
Reconciliations are carried out at a transactional level, complexity and volume of which can vary by PSP
Objective is to ensure our PSP Debtor balances are accurately reflected on the Balance Sheet in accordance with month end deadlines; all uncleared items identified and reconciled; and we have full control of all of our debtor balances and cash settlements due, and the costs of processing
To report and investigate any difference to external PSP, Treasury, Banking, Accounts Payable, Customer Service, Fraud and IT.

Principal Accountabilities

• Daily/weekly/monthly download of PSP data from on-line web systems as required
• Matching of PSP data to internal systems at a transactional level using Excel/Access
• Full reconciliation on PSP General Ledger account to PSP Balance
• Investigation, reporting and follow up outstanding/incorrect entries with Treasury, Banking and Accounts Payable
• Reconciliation of PSP Fees versus PSP contract
• Assisting with all financial audits both internal and external

Knowledge & Skills

• Proven experience of reconciliation of complex large volume transactional reconciliations
• Experience of working in a finance department and understanding of departmental relationships and responsibilities
• Proven track record of performing foreign currency reconciliations for high volume, multi currency accounts
• Proven track record of handling, manipulating and processing large volumes of data and various file types
• Experience of multi currency accounting including realised and unrealised FX calculations
• Investigative, methodical and tenacious mind set with the self motivation to drill down through large volumes of data while clearly focussing on the end objective
• Experience of internet businesses, PSP’s and CNP transactions an advantage
• Good communication skills
• Ability to work within a team
• IATI or similar qualification or part qualified ACA, ACCA, CIMA, CPA or equivalent
• Extremely numerate with excellent attention to detail
• Excellent Excel skills
• Access skills an advantage
• Working knowledge of accounting and reconciliation IT systems
• Proficiency in both written and spoken English