Senior Reconciliation Manager

Posted 17 Days Ago
Be an Early Applicant
India
Senior level
Fintech
The Role
Manage a team of reconciliation professionals, ensuring efficient operations, proper client balance reconciliation, investigating discrepancies, and collaborating with stakeholders to enhance financial practices.
Summary Generated by Built In

At Aspire, we’re more than just a FinTech company—we’re the leading all-in-one financial operating system built to empower the world’s innovators and entrepreneurs. We are on a mission to reinvent business finance, empowering startups and businesses to realise their full potential.

Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and empowered more than 50,000 businesses using our suite of products.

Aspire has consistently been recognized for excellence, earning Best Employer and Startup of the Year by the Asia FinTech Awards in 2022 and 2023, ranked as LinkedIn’s Top Startup in Singapore, and listed on CB Insights’ Top 100 Global Fintech in 2023 and 2024.

You will be amazed by the energy and experience of our team! Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.

Are you a top talent who is passionate about entrepreneurship? Join our rapidly growing team to make an impact in the fintech space! 

About the team

At Aspire, Finance plays a strategic role in driving our business forward. Our Finance team consists of a wide range of crucial functions across 5 verticals: (i) Financial Controlling with Financial reporting, Audit support, Cost Management, Compliance and Risk Management and Tax planning, Reporting, (ii) Treasury, which is a core function for a Fintech with Cash flow and Liquidity Risk, Treasury Product, FX Risk Management, Treasury Operation and Treasury Risk Management, (iii) Data including Business Intelligence, Data Analytics and Data Engineering, (iv) Strategy & Planning, which covers strategic road map, long term planning, fundraising and FP&A and (v) Credit Risk including risk modelling and scoring, portfolio monitoring and credit control. Our Finance team engages in frequent strategic data analysis, research, and modeling to provide the best financial insights for critical business decisions, helping Aspire navigate the competitive landscape and capitalize on emerging opportunities. The team also plays a key part as the first user of our Aspire software, pioneer in Finance transformation, reengineering our internal process to stay agile while maintaining the internal control in a hyper fast growing environment.

About the role

  • Manage a team of 6 reconciliation professionals, providing guidance, mentorship, and performance feedback.
  • Lead daily team operations, ensuring efficient workflow and adherence to project deadlines.
  • Ensure proper reconciliation of client balances and client transactions on all our accounts, in multiple currencies, and for all Aspire licensed entities
  • Investigate, document and escalate non-reconciled transactions and ledger discrepancies, as well as suggest and align on remediative and preventive measures
  • Manage the ledger reconciliation software we use to reconcile client ledgers
  • Design and maintain the ledger and safeguarding policies and processes
  • Build and manage operations and risk management programs to mitigate ledger and safeguarding risks
  • Monitor and test the effectivity and resilience of risk management rules, processes, policies, programs, and continuously improve them
  • Report on relevant metrics: Reconciliation rates, Reconciliation SLAs, Auto reconciliation rates, Balance discrepancies
  • Work closely with relevant stakeholders - Finance, Product, Compliance - to rally everyone around creating strong and effective practices to manage client funds, to resolve issues, to design client Aspire’s product and tech
  • Represent ledger and safeguarding risk in the Operational Risk Committee

Minimum Qualifications: 

  • At least 5 years of experience in a reconciliation role within financial services, demonstrating a deep understanding of the domain.
  • Proven ability to take ownership and initiative, making things happen promptly and being hands-on when necessary.
  • Strong communication skills, with the ability to articulate requirements, align with key stakeholders, and build consensus for implementing strategies and action plans.
  • Demonstrated ability to prioritize tasks and targets in a highly unstructured environment.
  • Expertise in balancing risk and business objectives, making decisions that account for both and rallying stakeholders around them.

Preferred Qualifications: 

  • Experience in a fintech environment
  • Familiarity with business intelligence tools such as tableau
  • Management experience

What we offer

  • Uncapped flexible annual leave.
  • Hybrid work arrangement. 
  • Training subsidy for your professional growth.
  • Wellness benefit.
  • Team bonding budget to foster collaboration and sense of belonging.
  • Flexibility to work from anywhere (for up to 90 days per annum).
  • Culture is Key: We always strive to cultivate a special culture that brings special talents together - You can learn more about our culture on our careers site and LinkedIn Life page.

Equal Opportunity Statement 

Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws. 

Please note: by submitting your application, you acknowledge that you have read and understood Aspire’s Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the “Policy”), and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing [email protected]

Top Skills

Business Intelligence Tools
Ledger Reconciliation Software
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
500 Employees
On-site Workplace
Year Founded: 2018

What We Do

Aspire is the all-in-one finance software for growing businesses. The company serves over 15,000 startups and SMBs in Southeast Asia, helping them save time and money with multi-currency accounts and cards, expense management, payable management, and receivable management solutions - all in one account.

Headquartered in Singapore, Aspire has over 400 employees across four countries and is backed by global top tier VCs, including Sequoia, Lightspeed, and Y-Combinator.

Similar Jobs

Pune, Maharashtra, IND
10936 Employees

ServiceNow Logo ServiceNow

Director - Financial Reporting Management

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Hybrid
Bangalore, Bengaluru, Karnataka, IND
26000 Employees

Enverus Logo Enverus

Staff Accountant - 25158

Big Data • Information Technology • Software • Analytics • Energy
Bangalore, Bengaluru, Karnataka, IND
1700 Employees

Cloudflare Logo Cloudflare

Statutory Accountant (GCC)

Cloud • Information Technology • Security • Software • Cybersecurity
Hybrid
Bangalore, Bengaluru, Karnataka, IND
3900 Employees

Similar Companies Hiring

EDGE Thumbnail
Software • Fintech • Financial Services • Analytics
Chicago, IL
20 Employees
Bectran, Inc Thumbnail
Software • Machine Learning • Information Technology • Fintech • Automation • Artificial Intelligence
Schaumburg, IL
51 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account