Head of PSP Reconciliations

Job Type:
Any
Categories:
Finance
Location:
Malta
Salary Description:
Competitive Salary Offered
Posted:
03-Jan-18
Job Ref:
11879

Our client is looking for a Head of Payment Processor Reconciliations to join their Malta team.

Description: The role covers five key area’s in payment processing:
1. Daily reconciliations and balance reporting.
2. PSP KPI reporting.
3. Month end accounting of balance movements.
4. Awareness of commercial developments and anticipation of issues.
5. Ensuring net settlements are received on time and that payment processors are properly funded.

Duties:
Manage a team of three people.
Ensure daily matching/reconciliation of transactions between our back office reports and the processor’s records are completed by the team and material differences investigated.
Review the daily balance report and ensure all funds have been received from the processors per the contractual terms.
Forecast payment processor top-up requirements for the following week and obtain sign-off.
Provide the group treasury team with forecast settlements and top-up requirements on a rolling 12-month basis using forecast revenues and historic data.
Ensure daily processor KPI’s are sent out and review any material ad hoc items arising.
Manage the month end payment processor postings into the accounting ledger to ensure deadlines are met by the team, to cover postings for deposits, withdrawals, payment processor fees, chargebacks and foreign exchange realised gains/losses and revaluations.
The team additionally own some bank reconciliations which should be reviewed.
Review final month-end paper reconciliations for each of the 12+ processor accounts and sign-off.
Produce a month end payment processor reporting pack for the group finance team.
Liaise regularly with the Head of Payments to ensure on top of all commercial developments regarding payment processors and to raise any queries over the settlements from processors if late.
Ensure any new payment processors are set up correctly in the back office and a team member has been made responsible so that reconciliations can begin as soon as they go live.

Essential:
Experience of on-line multi-currency payment processing data administration.
Knowledge of high transaction volume e-commerce businesses.
Use of data reconciliation applications.
Extensive experience of Excel for data manipulation & analysis.
A track record of clear and consistent team planning and staff management.

Key skills:
Methodical and organised approach.
Articulate and able to communicate at all levels internally and externally.
Review final month-end paper reconciliations for each of the 12+ processor accounts and sign-off.
Produce a month end payment processor reporting pack for the group finance team.
Liaise regularly with the Head of Payments to ensure on top of all commercial developments regarding payment processors and to raise any queries over the settlements from processors if late.
Ensure any new payment processors are set up correctly in the back office and a team member has been made responsible so that reconciliations can begin as soon as they go live.


Essential:
Experience of on-line multi-currency payment processing data administration.
Knowledge of high transaction volume e-commerce businesses.
Use of data reconciliation applications.
Extensive experience of Excel for data manipulation & analysis.
A track record of clear and consistent team planning and staff management.

Key skills:
Methodical and organised approach.
Articulate and able to communicate at all levels internally and externally.
Experience of working within a group of companies.
Strong technical accounting and analytical skills.
Gaming sector experience desirable.
Strong evidence of reconciliations.
Ability to implement controls and procedures.
Experience of multi-currency transactions and accounting implications.


Contact Details:
Tel: +44 (0) 1355 588 988
Contact: BettingJobs
Email:

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