Finance Operations and Reconciliation Lead
Hala
Accounting & Finance, Operations
Riyadh Saudi Arabia
Posted on Jan 30, 2025
Who Are We
HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.
HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.
Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market.
The Job in a Nutshell💡
The Finance Operations and Reconciliation Lead is responsible for controlling the incoming and outgoing transactions, finding solutions for issues, and developing the settlement processes.
What You Will Do❓
▪ Support other departments to fix customers’ issues.
▪ Lead the reconciliation and balancing analysis on pool accounts and customer transactions.
▪ Ensure accurate summary reconciliation reports are generated in a timely manner and highlight required actions.
▪ Take proper actions as required, including investigating transactions, bank interface issues, or customer claims.
▪ Work closely with other departments, especially with Digital, Safeguarding, and Customer Care to resolve any reconciliation or customer claim issues.
▪ Resolve promptly and/or escalate any risks not addressed.
▪ Recommend and implement process improvements to increase the efficiency and accuracy of daily and periodic reconciliation processes.
▪ Ensure reconciliation controls and processes are up to date.
▪ Coordinate to collect data, check its integrity, and summarize it.
▪ Run models, verify their applicability, analyze them, then communicate results.
▪ Maintain and upgrade knowledge of the core aspects of banking and accounting reconciliation.
▪ Prepare general ledger reconciliations for a financial institution.
▪ Perform ad-hoc requests and special projects.
What Are We Looking For❓
We believe you will love working at HALA!
HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.
HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.
Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market.
The Job in a Nutshell💡
The Finance Operations and Reconciliation Lead is responsible for controlling the incoming and outgoing transactions, finding solutions for issues, and developing the settlement processes.
What You Will Do❓
▪ Support other departments to fix customers’ issues.
▪ Lead the reconciliation and balancing analysis on pool accounts and customer transactions.
▪ Ensure accurate summary reconciliation reports are generated in a timely manner and highlight required actions.
▪ Take proper actions as required, including investigating transactions, bank interface issues, or customer claims.
▪ Work closely with other departments, especially with Digital, Safeguarding, and Customer Care to resolve any reconciliation or customer claim issues.
▪ Resolve promptly and/or escalate any risks not addressed.
▪ Recommend and implement process improvements to increase the efficiency and accuracy of daily and periodic reconciliation processes.
▪ Ensure reconciliation controls and processes are up to date.
▪ Coordinate to collect data, check its integrity, and summarize it.
▪ Run models, verify their applicability, analyze them, then communicate results.
▪ Maintain and upgrade knowledge of the core aspects of banking and accounting reconciliation.
▪ Prepare general ledger reconciliations for a financial institution.
▪ Perform ad-hoc requests and special projects.
What Are We Looking For❓
- Saudi National.
- Bachelor’s degree in Accounting, Finance, Business Administration, or equivalent fields of study.
- +4 years of experience in a similar role.
- Languages: Fluent in English and Arabic.
We believe you will love working at HALA!
- We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
- We offer highly competitive compensation packages, including the potential for shares.
- We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
- Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
- We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
- You will be given a lot of responsibility and trust We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best