hero

Middle East Venture Partners
Leverage our network to build your career

Search open roles at our portfolio companies
MEVP
MEVP
27
companies
255
Jobs

Senior Financial Operations Specialist

MoneyFellows

MoneyFellows

Accounting & Finance, Operations
Cairo, Cairo Governorate, Egypt
Posted on Tuesday, June 11, 2024
As a Senior FinOps Pay In and Payout Specialist at a fintech company, you will play a crucial role in managing financial operations related to pay-ins and payouts within the organization. You will be responsible for ensuring accurate and timely processing of financial transactions, reconciling accounts, and maintaining compliance with regulatory requirements. Your key

responsibilities will include:

  • Execute the end-to-end process of pay-ins and payouts, including payment instructions, transaction verification, and settlement. Ensure accuracy and timeliness in processing financial transactions while adhering to internal policies and regulatory guidelines
  • Perform regular reconciliations of pay-in and payout transactions to ensure accuracy and identify discrepancies. Generate reports on financial activities, transaction volumes, and account balances for management and regulatory purposes
  • Maintain up-to-date knowledge of relevant financial regulations and ensure compliance with them. Stay informed about industry best practices and regulatory changes related to pay-in and payout operations
  • Collaborate with internal stakeholders, such as finance, operations, and compliance teams, to ensure smooth coordination and resolution of issues related to pay-ins and payouts. Liaise with external partners, including banks and payment service providers, to manage relationships and resolve operational matters
  • Continuously assess existing pay-in and payout processes to identify opportunities for efficiency improvements, automation, and optimization. Propose and implement process enhancements to streamline operations and enhance the customer experience


Requirements

  • Bachelor's degree in Finance, Accounting, or a related field. Previous experience in financial operations, payment processing, or cash management roles within the fintech industry is preferred. Experience in a senior or leadership position is highly desirable
  • Strong understanding of financial operations, including pay-ins, payouts, reconciliations, and transaction processing. Familiarity with payment systems, financial instruments, and regulatory requirements related to pay-ins and payouts
  • Exceptional attention to detail and accuracy in processing financial transactions and reconciling accounts. Ability to identify and resolve discrepancies effectively
  • Strong analytical skills to analyze complex financial data, identify trends, and troubleshoot issues. Proven ability to resolve problems independently and propose effective solutions
  • Excellent communication and interpersonal skills to effectively collaborate with internal teams and external partners. Ability to explain complex financial concepts and processes to stakeholders with varying levels of financial knowledge
  • Proficiency in using financial systems and MS Excel, payment platforms, and related software. Experience with reconciliation tools, payment gateways, and ERP systems is advantageous
  • Strong organizational skills and ability to manage multiple tasks and deadlines simultaneously. Ability to prioritize work effectively, ensuring timely and accurate completion of pay-in and payout activities


Benefits

  • Competitive salary
  • Pension Plan scheme as per company policy
  • Premium Family medical insurance
  • Exclusive access to our circles with the ultimate credit limit and reserved 1st slots
  • Unlimited annual leave policy
  • Mentorship and career growth
  • Entrepreneurial working environment