Merchant Reconciliation Specialist

1 month ago


Mumbai, Maharashtra, India Snapmint Full time
About Snapmint:

Snapmint is revolutionizing the way Indians shop by providing them with the freedom to buy what they want and pay for it in instalments without a credit card. We are looking for a detail-oriented Assistant Manager - Accounts to manage the reconciliation of merchant transactions.

The Role:

We are seeking an organized and meticulous Assistant Manager - Accounts to lead the reconciliation of all merchant payments, settlements, and transactions on a daily, weekly, and monthly basis. This role involves ensuring accurate financial records, maintaining reconciliations, and resolving discrepancies related to merchant accounts in a fast-paced environment.

Responsibilities:

Lead the reconciliation of all merchant payments, settlements, and transactions on a daily, weekly, and monthly basis.
Identify and investigate discrepancies in merchant transactions and ensure timely resolution.
Prepare and analyze reconciliation reports, highlighting variances and ensuring all accounts are balanced.
Continuously work on improving reconciliation processes to enhance accuracy and efficiency.
Collaborate with internal teams (Finance, Accounting, Merchant Support) and external partners (Banks, Payment Gateways, Merchants) to ensure seamless reconciliation and payment processes.
Ensure all reconciliation processes comply with internal audit requirements and regulatory standards.
Act as a point of contact for merchants regarding payment and reconciliation issues, ensuring prompt communication and support.
Manage and mentor a team responsible for executing reconciliation tasks.

Experience & Qualification Required:

MBA/CA qualified with minimum of 3 years in finance, reconciliation, or similar roles, with a focus on merchant payments. Must have experience with payment gateway or e-commerce company. Strong knowledge of reconciliation processes, payment gateways, and merchant settlements. Experience in handling large accounts in new age companies. Ability to identify discrepancies and resolve issues independently while maintaining a high degree of accuracy.

Location: Mumbai (Nahur Central Line)

Working days: 5 days & alternate sat working

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