Senior Reconciliation and Settlements Specialist

Posted 5 Days Ago
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Cairo
Senior level
Information Technology • Mobile • Consulting
The Role
The Senior Reconciliation and Settlements Specialist will lead and optimize financial reconciliation and settlement processes, ensuring transaction accuracy and efficiency. This role involves developing automated frameworks, managing payments to stakeholders, and establishing risk controls. The specialist will also collaborate with various teams to resolve payment-related issues and ensure compliance with regulations.
Summary Generated by Built In

About Yassir:


Yassir is transforming mobility and financial services across emerging markets. As the leading ride-hailing and fintech platform, we empower millions of users and drivers with seamless payments and financial solutions. Join our Financial Operations (FinOps) team and help build the financial backbone of a high-growth fintech ecosystem.



About the Role

  • We are looking for a Senior Reconciliation & Settlement Specialist to lead and optimize reconciliation and settlement processes across multiple financial partners, including banks, payment processors, and internal accounts. This role requires deep expertise in financial operations, automation, and risk management, ensuring the accuracy and efficiency of all transactions.As a senior member of the FinOps team, you will play a pivotal role in enhancing financial controls, automating workflows, and driving strategic initiatives to scale our financial operations.

What You’ll Do

  • Reconciliation & Financial Integrity:
  • Oversee and execute end-to-end reconciliation of transactions across payment gateways, digital wallets, and banking partners.
  • Identify and resolve complex discrepancies, ensuring financial data integrity.
  • Develop and implement automated reconciliation frameworks to improve accuracy and efficiency.
  • Settlement & Fund Flow Optimization:
  • Ensure timely and accurate settlements of payments to drivers, merchants, and financial partners.
  • Optimize settlement cycles and fund movements to reduce operational delays and costs.
  • Monitor account balances, liquidity, and fund allocations to maintain seamless payment operations.
  • Process Automation & Risk Management
  • Lead automation projects to streamline reconciliation workflows in collaboration with engineering and product teams.
  • Establish risk controls to detect and prevent financial discrepancies or fraud.
  • Develop and maintain real-time dashboards and reports for better financial visibility and decision-making.
  • Stakeholder & Compliance Management
  • Act as the primary point of contact for financial institutions, payment providers, and regulatory bodies.Ensure compliance with settlement regulations and assist in audits and financial reporting.
  • Work closely with Finance, Treasury, Product, and Customer Support teams to resolve payment-related escalations.

What You’ll Need

  • 5+ years of experience in reconciliation, settlement, or financial operations in fintech, banking, or digital payments.
  • Strong expertise in payment processing, digital wallets, and financial reconciliations.
  • Proficiency in Excel, SQL, or data analytics tools to analyze and manage large financial datasets.
  • Experience with ERP, reconciliation automation tools, and financial risk management.
  • Highly analytical mindset with a proactive approach to problem-solving and process optimization.
  • Proven ability to lead projects, implement automation, and enhance financial controls.
  • Strong communication and stakeholder management skills, with the ability to work in cross-functional teams.

Top Skills

SQL
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The Company
Palo Alto, California
1,213 Employees
On-site Workplace

What We Do

Yassir is the leading super App in the Maghreb region set to changing the way daily services are provided. It currently operates in 45 cities across Algeria, Morocco and Tunisia with recent expansions into France, Canada and Sub-Saharan Africa. It is backed (~$200M in funding) by VCs from Silicon Valley, Europe and other parts of the world. We offer on-demand services such as ride-hailing and last-mile delivery. Building on this infrastructure, we are now introducing financial services to help our users pay, save and borrow digitally. Helping usher the continent into a digital economy era. We’re not just about serving people - we’re about creating a marketplace to bring people what they need while infusing social values

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