Reconciliation Analyst
VertoFX
Location
Pune 🇮🇳
Address
Pune, Maharashtra
Employment Type
Full time
Location Type
Hybrid
Department
Business OperationsOperations
About Verto
At Verto, we're on a mission to democratise global finance and empower businesses in Emerging Markets to reach the world. Founded by British-Nigerian entrepreneurs Ola Oyetayo and Anthony Oduu, our roots in Africa provided a firsthand understanding of the significant challenges businesses face with cross-border payments, ranging from illiquid currencies and high fees to slow transactions. This deep-rooted insight is why Africa remains a core focus, as we're committed to bridging the gap between emerging and developed markets and fostering global economic growth.
What started as an FX solution for the Nigerian Naira has evolved into a market-leading platform, enabling thousands of businesses to seamlessly transfer billions of dollars annually. We believe that where you do business shouldn’t determine your success or ability to scale. We're creating equal access to the easy payment and liquidity solutions that are already a given in developed markets.
We're not alone in realising this crucial need; we're backed by world-class investors including Y-Combinator, Quona, and MEVP. With Verto receiving the Milken-Motsepe Prize, appearing on CNBCs list of fastest growing UK companies, the Deloitte Fast 50 and Sifted’s fastest-growing UK tech companies, we are building a seamless cross-border payment future.
Join us as we continue to grow and transform global finance.
Role Overview
We are seeking a dedicated and detail-oriented Reconciliation Analyst to drive the efficiency and accuracy of our financial operations. In this vital role, you will manage the end-to-end reconciliation process for multiple banking partners, working closely with our payments, trading, and middle office teams. You will move beyond routine daily matching to actively investigate discrepancies, solve problems, and contribute to strategic automation projects. If you have a sharp analytical mind and thrive in a fast-paced environment, this role offers a great opportunity to impact our long-term operational scaling.
(Please note: The working hours for this role are 10:30 AM – 7:30 PM IST).
What You’ll Be Doing
Manage the daily end-to-end reconciliation process, which includes data gathering, deep analysis, and precise matching of financial transactions.
Ensure the accurate reconciliation of all client deposits, withdrawals, FX conversions, and inter-product fund transfers across assigned accounts.
Actively investigate daily discrepancies, breaks, and variances in financial transactions, taking swift corrective action to resolve them and prevent future occurrences.
Support and refine the overall reconciliation framework to ensure accuracy and efficiency at every stage of the process.
Collaborate with internal cross-functional teams and external banking partners to ensure seamless, accurate financial reporting and issue resolution.
Play a key role in strategic projects aimed at optimizing the reconciliation process, integrating new systems, and rolling out new tools.
Identify opportunities for process improvement and contribute to the implementation of solutions that enhance automation and operational efficiency.
What You Need
Minimum 2 years of experience in reconciliation, financial analysis, or a closely related accounting function.
Mandatory knowledge of payment processing, FX transactions, and the nuances of emerging markets.
Intermediate to advanced MS Excel skills, with the confidence to comfortably execute functions such as VLOOKUP, XLOOKUP, and handle complex datasets.
Demonstrated ability to independently identify, investigate, and resolve reconciliation discrepancies.
Excellent analytical, problem-solving, and critical thinking skills with a strict commitment to accuracy and attention to detail.
Strong written and verbal communication skills, enabling you to collaborate effectively with both international teams and external partners.
Comfort and availability to work the required shift hours: 10:30 AM – 7:30 PM IST.
Best If You Have
Experience gained specifically within the FinTech, financial services, or payments industry.
Hands-on experience with process improvement and automating manual financial or reconciliation workflows.
Interview Process
It will include a screening round, aptitude test, 1-on-1 with the hiring manager, and a panel round, and a final coffee chat with one of our leadership team members
Life At Verto
Perks
Insurance paid by the company
Health and wellness benefits (with specific added benefits depending on the location of the role)
Yearly salary review based on inflation, personal and business performance
Access to entire Udemy’s library
Budget for professional development courses
Work-From-Anywhere policy for certain durations
Integration programme (opportunity to work from our global offices)
Regular team social events
Pension scheme (depending on the role location)
Flexible work arrangements
Exposure to work with globally distributed teams
Location specific benefits like car lease policy, cycle to work, gym membership, etc.
You’ll Fit Right In If You
Love asking “why?”
Value solving problems over just completing tasks
Understand sync vs. async communication practices
Thrive in ambiguity and change
Actively seek feedback
Prioritise impact over activity
Are fun to work with - we love good humour!
Culture
Mission-Driven Impact Work: Be at the forefront of simplifying cross-border payments, directly contributing to a borderless future for global businesses, particularly in emerging markets.
High Performance & Ownership: We empower you to take risks, be results-driven, and take ownership. Act fast, deliver impactful results, and make the impossible possible. We set you up for success.
Collaborative & Supportive Environment: We work "as one," sharing successes and failures openly. We foster a transparent, supportive atmosphere where everyone does their best. A community of colleagues from varied backgrounds, who care deeply about their craft, collaborate with purpose, and enjoy the journey together.
Industry Competitive Compensation & Benefits: We compensate our employees in recognition of the great value they bring to the business; our compensation and benefits package are competitive in the industry across all our geographies. This includes performance based salary reviews, comprehensive health and wellness benefits, generous paid time off and flexible working arrangements to support your career and life.
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Our Core Values: Our core values mirror the focus we have, energy we bring to work and shared expectations within the team.
Champion the Mission: We are driven by curiosity and belief to solve cross-border payments pain points globally.
Be the Best: We are open, take appropriate risks, adopt a results-driven approach, and are the best at what we do.
Work as One: We are transparent with sharing failures and mistakes as well as successes.
Go the Extra Mile: We deliver beyond what is possible. We make impossible possible.
Customer First: We are creative in solving existing problems and bold in designing a new and better experience for customers.
Run with It: We are determined, seek challenges, take ownership of tasks, act fast and deliver results.
Diversity & Inclusion at Verto
Verto is an equal opportunities employer and we value diversity. Anyone seeking employment at Verto is considered based on Merit, Competence, Qualifications and their Talent. We are proud to be a truly international team and we do not discriminate in our hiring process.