Settlement Accountant (Reconciliation)

iEnergizer is hiring for Settlement Accountant (Reconciliation).

Location: Noida | Salary: upto 90k permonth

Title: Settlement Accountant (Reconciliation) Opening: 04 FTEs

Job Description:

Job Summary The Settlement Accountant is responsible for reconciling all activity between the System of Record and the Bank and researching all variances. Responsibilities may also include the posting of activity to general ledger, and the monthly close functions associated with the assigned platforms, processor, and/or client.

Job Responsibilities

Perform daily, weekly, monthly updates and balancing of platform specific settlement accounts: o Retrieve various system of record (book) activity Retrieve bank data from various bank accounts Access supplemental reports to assist in the breakdown of combined amounts Reconcile, and research open items through resolution. This will include client and consumer concerns as they relate to operations cash, or processor exceptions specific to the assigned Platform, Processor, Client or General Ledger: Cash, Receivable, and Payable Accounts. Each Platform may have several Bank accounts Receivables: Service Fees, Payment Value Payables: Client Disbursements Exceptions: Chargebacks, Reversals, Consumer Refunds, Rejections

Perform comparisons with the stage(s) of the cash recording process supported by the Ledger source/Platform and prepare appropriate adjusting entries as necessary Initiate or Approve daily cash settlement wires Operational knowledge of the Exception processes (Chargebacks, Reversals, Refunds). Researching and/or working with the Exception team through resolution. Prepare Discount Fee cost analysis and research variances as needed. Compile applicable support for internal and external audit sample selections as often as required Perform backup duties and other duties or special projects as assigned Understand and adhere to all corporate policies to include but not limited to the ACI Code of Business Conduct and Ethics. Knowledge, Skills and Experience B Com/M Com/Successful completion of accounting credits 3 Yrs CS experience desired 5+ Operational Banking, reconciliation, or cash management experience Credit Card Processing and issuer/acquirer settlement experience Typing and Data entry skills required Proficient in MS Excel

Interested candidates can share their CV here: akansha.sharma3@ienergizer.com

Contact person

Akanksha Sharma

Human resource - iEnergizer, Noida

Mob: 9560883080