Reconciliation and Settlement Officer
About Zaincash
ZainCash Iraq is a leading mobile wallet in Iraq and recognized as Forbes top fintech company of 2023 and 2024 as well as GSMA’s best mobile innovation supporting humanitarian situations. The company offers a range of consumer and business services including local and international money transfer, bill payments, companion payment cards, payroll, aid disbursement, and more.
Responsibilities:
- Perform daily and monthly reconciliation of all transactions to ensure accuracy, completeness, and consistency across systems and reports.
- Monitor transaction flows closely to identify any abnormal behaviors, discrepancies, or irregular patterns.
- Investigate and analyze any detected anomalies, determine root causes, and document findings clearly.
- Prepare detailed reconciliation reports highlighting variances, issues, and overall transaction performance.
- Coordinate with relevant teams to resolve discrepancies in a timely and efficient manner.
- Maintain proper records and documentation of reconciliation activities for audit and compliance purposes.
- Continuously review and improve reconciliation processes to enhance efficiency, accuracy, and risk control.
Requirements
- Bachelor’s degree in finance, accounting, business administration, or a related field.
- Strong analytical and problem-solving skills with the ability to identify discrepancies and investigate root causes.
- Basic understanding of financial transactions, payment systems, and reconciliation processes.
- Advanced proficiency in Microsoft Excel, including expertise in pivot tables, XLOOKUP, and data analysis functions.
- Ability to handle large volumes of data and work under pressure to meet deadlines.
- Basic knowledge of databases or SQL is an advantage.
- Very good knowledge in English.