Financial Reconciliation Specialist

3 weeks ago


Mumbai, Maharashtra, India Snapmint Full time

About Snapmint:

Snapmint is committed to making instalment purchases accessible to millions of Indians. With a focus on democratising credit, we aim to empower consumers to buy what they want and pay for it in instalments without needing a credit card. Our platform has already reached over a million consumers across 2200 cities and has facilitated purchases worth 200 crores.

Snapmint was founded by a team of passionate bankers and technocrats from IIT Bombay, who are dedicated to providing innovative financial solutions. As a key member of our team, you will play a critical role in ensuring the accuracy of our financial records and resolving discrepancies related to merchant accounts.

About the Role:

We are seeking a detail-oriented and organized Assistant Manager - Accounts to manage the reconciliation of merchant transactions. This role involves ensuring accurate financial records, maintaining reconciliations, and resolving discrepancies related to merchant accounts in a fast-paced environment.

Key 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 analyse reconciliation reports, highlighting variances and ensuring all accounts are balanced.
  • 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.

Requirements:

  • MBA or CA qualification with a minimum of 3 years' experience in finance, reconciliation, or a similar role, with a focus on merchant payments.
  • 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 Saturdays working



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