Reconciliation Specialist London
Job description
Fascinated by the future and captivated by technology? Smart, driven and want to make a difference in the world? You will fit right in.
By joining one of our teams at Visa Payments Ltd, a division of Visa Inc since 2019, you’ll have an opportunity to shape the payments experience globally. Being part of Visa, the world’s leader in digital payments technology, our mission is to connect the world through the most creative, reliable and secure payment network, enabling individuals, businesses, and economies to thrive.
Visa Payments Ltd Earthport is a financial technology business that provides cross-border payment processing services to banks and payments businesses across six continents through its global network. One of the fastest growing global Fintech businesses the Group also provides tailored FX and payment solutions direct to corporates through its Visa Payments Ltd FX brand.
Individuality fuels our brand and our global team – we are proud that we are a talented team of 18,000 individuals with unique backgrounds, perspectives and experiences. Therefore, we understand that you are much more than your day job. We encourage quality of life both within and outside of the office, and whether it is taking advantage of agile work schedules or our wellness programmes, Visa Payments Ltd and Visa Inc. respects and encourages meaningful work/life balance for everyone.
If you think you could support the Visa family by joining Visa Payments Ltd as a Reconciliation Specialist we want to hear from you!
What’s it all about?
The primary purpose of the Reconciliation Specialist role is to ensures that all data in our system accurately reflects the records with our banks relating to the funds held on behalf of clients.
The role will involve performing daily reconciliation of all client bank account statements in VPL’s Admin systems to ensure the integrity and accuracy of the upload. The role will reconcile daily all data held in our systems with the bank statement provided online by all our banking partners and financial institutions holding our client segregated accounts. The role will log all non-reconciling bank accounts to ensure they are communicated via Email to the relevant department for investigation or correction.
In addition to performing the bank reconciliations and related investigations, the role will also provide summary KPI information to senior management on a regular basis.
What we expect of you, day to day.
Daily reconciliation of all client and house bank account statements and VPL’s Admin systems and to ensure the integrity and accuracy of the upload- Reconcile daily all data held in our systems with the bank statement provided online by all our banking partners and financial institutions holding our client segregated accounts by breaking down receipts or payments where batches have been used
- Provide summary of overall reconciliation position on a daily basis for senior manager review and regular distribution to other stakeholders (eg compliance and risk management )
- Log all non-reconciling items to ensure they are communicated via Email to the relevant department for investigation or correction whilst remaining responsible for effective resolution
- Reconciliation of transactions in Seg Liquidity and unapplied debit accounts
- Support the evolution of tools and processes to ensure that an integrated service is provided
What we’re after…
Technical Experience
- Demonstrate good working knowledge of MS Office suite, particularly MS Excel
- Proven ability of high volume data input skills with appropriate attention to detail is essential
- Solid exposure and proven ability to exhibit an accurate and systematic approach to bank reconciliation essential
- Ideally , currently studying an accountancy related qualification
Skills
- Organisational skills/ability to prioritise
- Effective communication skills both written and verbal
- Understanding and appreciation of procedures and systems
- Ability to work under pressure, maintaining accuracy whilst achieving timescales
- Good sense of team spirit and positive attitude
- A strong ability to resolve reconciliation issues in a timely and accurate manner
- Able to build strong relationships with other team members and external contacts
Work Experience
- Demonstrated skills working as a bank reconciliation professional is essential
- Experience in high volume transaction environment is essential
- Demonstrated working knowledge and understanding of international payments environment is an advantage
Additional Information
Diversity & Inclusion
Universal acceptance for everyone, everywhere, is not only our brand promise, it’s the foundation of our company culture. We foster a feeling of connectedness in the workplace, support diversity of thought, culture and background, fight for important initiatives like Equal Pay and actively work to eliminate unconscious biases that hold us all back.
By leveraging the diverse backgrounds and perspectives of our worldwide teams, Visa Payments Limited is a better place to work and a better business partner to our clients.
