Associate, Settlements at Flutterwave

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
57444
Job Views
86

Job Description



The Role:



  • As an Associate, Settlements at Flutterwave, you will play a crucial role in ensuring accurate and timely settlement of transactions, helping to maintain smooth financial operations.

  • You will collaborate with cross-functional teams, including finance, operations, and customer support, to facilitate successful transaction settlements and resolve any related issues.


Responsibilities include but are not limited to:



  • Ensure that daily settlement is done accurately and in a timely manner.

  • Ensure daily download of all transactions made by merchants, computing by currency and applying deductions/charges as needed.

  • File merchant settlement concisely while uploading the bulk settlement file to the settlement portal for approval.

  • Reviewing settlement file and generating reports deliverables to the responsible teams in the organization.

  • Regularly collate and consolidate key performance indices and be able to highlight gaps and recommend remedial actions.

  • Investigate all internal suspense accounts under the ownership of Flutterwave.

  • Airtime Settlement to partners done as at when due.

  • Reconciliation of all settlement reports.

  • Reconciliation and regularization of merchants’ wallet.

  • Merchant wallet reconciliation.

  • Daily update of settlement/Transfer tracking sheet.

  • Any other duties assigned.


Required competency and skillset to be a waver:



  • Bachelor's degree in Finance, Accounting, Business Administration, or related field.

  • Proven experience in a settlements or payments role, preferably in the financial technology (fintech) industry.

  • Strong analytical skills and attention to detail.

  • Excellent communication and interpersonal abilities.

  • Proficiency in Microsoft Excel and other relevant software.

  • Knowledge of payment processing, financial reconciliation, and settlements processes.

  • Ability to work collaboratively in a fast-paced and dynamic environment.

  • Problem-solving skills and a proactive approach to identifying and resolving issues.

  • Adaptability and willingness to learn and adapt to changes in the payments landscape.


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