Financial Operations Manager
1 week ago
Company Overview
">We are FASTEK Payment Solutions Inc., a dynamic company in the payment solutions industry. Our organization is committed to providing excellent services and ensuring financial integrity and reporting processes.
Job Description
">The Financial Operations Manager will support our company's financial operations, focusing on settlements, cash management, and transaction reconciliation. This role requires strong knowledge of accounting principles, journal voucher preparation, and financial reporting to ensure compliance, accuracy, and efficiency.
Key Responsibilities
">- ">
- Settlement and Reconciliation:
Process daily transaction settlements to merchants and ensure accurate recording.
Reconcile transactions between banks, partner institutions, and internal records.
Investigate and resolve settlement discrepancies and disputes in coordination with relevant teams."> - Cash Management:
Monitor and manage cash flows to maintain sufficient liquidity for operations.
Assist in bank preparations such as account creation, bank updates, transfers, deposits, and withdrawals for efficient cash handling.
Coordinate with banks and payment partners for account-related concerns."> - Journal Voucher Preparation:
Prepare and review journal vouchers for financial transactions.
Ensure proper classification of revenues, expenses, and adjustments in the ledger.
Maintain documentation of all journal entries for audit compliance.
Assist in the preparation of financial statements and regulatory reports.
Ensure compliance with financial policies, accounting standards, and industry regulations.
Support internal and external audits by providing necessary financial data and explanations."> - Process Improvement & Team Supervision:
Identify and suggest improvements in settlement and reconciliation processes.
Provide support to the accounting team for timely and accurate completion of tasks.">
Required Skills and Qualifications
">To be successful in this role, you should have a Bachelor's degree in Accounting, Finance, or a related field, and at least 3 years of accounting experience, preferably in settlements, cash management, or reconciliation. Proficiency in journal voucher preparation and financial reporting is also required. Additionally, experience with accounting software and ERP systems is an asset.
What We Offer
">We offer competitive compensation, opportunities for career advancement, and a comprehensive benefits package, including health insurance, retirement planning, and work-life balance initiatives. Our inclusive and supportive company culture encourages innovation, collaboration, and personal growth.
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