Associate, Settlements at Flutterwave

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.