Financial Analyst, Settlement

About Paysafe

Paysafe Limited (“Paysafe”) (NYSE:PSFE) (PSFE.WS) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry- leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of US $92 billion in 2020, and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com

Are you ready to make an impact? Join our team that is inspired by a unified vision and propelled by passion.

Paysafe is widely recognized as a leading global provider of payments solutions for businesses and consumers. Experienced and trusted as both a partner and solutions provider, Paysafe is well positioned to capitalize on the wave of new technologies entering the payments space and focused on accelerated growth.

To help us fuel accelerated growth, we are looking for an experience Financial Analyst.

Position Overview:

Perform settlement operations and balancing procedures of daily processing to ensure settlement, funding, and associated rejects are processed accurately, timely, and by policies and procedures. This position is also responsible for the proper accounting and analysis of the associated general ledger accounts.

Your responsibilities would include:

• Retrieve daily cash settlement reports from various card processors
• Develop an understanding of the cash settlements process; understanding the information included in the daily cash settlement reports and how the information is ultimately recorded in the general ledger
• Summarize the daily cash settlement reports into a logical format conducive to general ledger recording
• Perform a detailed self-review to reduce the risk of errors
• Review, balance, maintain, report, and track ACH rejects daily
• Review, balance, maintain, process, and report settlement accounts and rejected fees
• Maintain and update the Discover Chargebacks Database
• Post daily Settlement and the Dispositions of Credits
• Assist in any research from the Risk or Collection Department
• Prepare recovery deposits
• Assist department with research requests
• Assist with various monthly reconciliations
• Assist with developing and documenting procedures for related activities, implementing controls, and recommending systems enhancements
• Preparing various reports as needed
• Assist manager with reviewing settlement reconciliation
• Work settlement reports (i.e. Portfolio Reporting (Non-, Mis-, Dis- Qual), Pin Debit Removals
• Analyze and interpret platform and card association notifications and changes to ensure there is no impact on the function
• Assist with the preparation of necessary reporting required by each sponsoring bank and executive management
• Timely research of any outages to ensure no monetary impact to the P&L
• Must be adaptable, flexible, and willing to change without complaint
• Ability to deal with high-stress situations
• Performs all other duties as assigned or required

Qualifications to have:

• Bachelor’s Degree preferred from an accredited College or University in Finance or Accounting
• 2+ years’ experience in a related position, Collections/Settlement/Accounting/Finance experience or a combination of related work experience and education
• Occasional overtime may be required, including evenings and weekends, if needed.

Skills to have:

• Proficient in Excel, Word, and Email
• Attention to detail and accuracy of work at all times
• Advanced follow-up, analytical, and organizational skills
• Good command of the English language, both written and spoken
• Professional and effective written and oral communication skills with management, fellow employees, sales offices, and merchants.
• High level of integrity and trustworthiness due to the sensitivity and confidentiality of information and data that is handled
• Conscientious about quality and timeliness of deliverables
• Must be able to take initiative. Doing things to improve the department without being asked.
• Must be adaptable, flexible, and willing to change without complaint.
• Highly organized with advanced multi-tasking and follow-up skills
• Ability to deal with high-stress situations.
• Customer service oriented
• Team player
• Ability to handle multiple assigned tasks within allotted timeframes.
• Dependable and consistent
• Team player
• Ability to handle multiple assigned tasks within allotted timeframes.
• Dependable and consistent

Our culture values humility, high trust & autonomy, a desire for excellence and meeting commitments, strong team cohesion, a sense of urgency, a desire to learn, pragmatically pushing boundaries, and accomplishing goals that have a direct business impact. We encourage you to apply even if your experience does not exactly align as we value diverse thoughts, experience, and backgrounds.

Equal Employment Opportunity

We provide equal employment opportunities to all employees, and applicants for employment, and prohibits discrimination of any type with regard to ethnicity, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other protected characteristics. This policy applies to all terms and conditions of recruitment and employment. If you need any reasonable adjustments, please let us know. We will be happy to help and look forward to hearing from you.