Logo for Deel
Reconciliation Specialist - India
Deel
Posted on 8/31/2024
Description

Who we are is what we do.

Deel and our family of growing companies are made up of global teams dedicated to helping businesses hire anyone, anywhere, easily. 

The team comprises over three thousand self-driven individuals spanning over 100 countries, and our unified yet diverse culture keeps us continually learning and innovating the platform and products for customers.

Companies should be able to hire the best talent anywhere in the world, so we are building the best platform to make that a reality. Our market-leading technology, expertise, and global team are crucial to the platform’s success. We deliver the best products and features in our space, enabling millions of jobs worldwide and connecting the global workforce with the best companies and opportunities.

Why should you be part of our success story?

A 30-mile hiring radius should no longer dictate how companies hire because exceptional talent lives everywhere. Deel sees a world without hiring borders and endless talent that pairs perfect candidates with great companies.

We offer global teams all the tools they need to hire, onboard, manage, pay, and scale at full speed. We aim to foster a diverse global economy by building a generational platform that seamlessly connects companies with talent worldwide.

After our successful Series D in 2021, we raised another $50M in 2023, doubling our valuation to $12B. There’s never been a more exciting time to join Deel — the international payroll and compliance market leader.

Key Responsibilities:

  • Bank, PSP, and Credit Card Reconciliations: Perform daily reconciliations of bank accounts, payment service providers (PSP), and credit cards to ensure that all transactions are accurately recorded and discrepancies are promptly identified and resolved.

  • Cash Data Management: Validate and maintain cash data on a day-to-day basis, ensuring that all financial records are up-to-date and accurate.

  • Connectivity Issue Reporting: Report and track any connectivity issues with banking and payment systems, working closely with IT and other teams to ensure timely resolution and minimize impact on operations.

  • Continuous Improvement Collaboration: Work with cross-functional teams to identify and implement process improvements, enhancing the efficiency and accuracy of reconciliation processes.

  • Closing Activities Support: Assist in the month-end, quarter-end, and year-end closing activities, including the preparation of financial reports and ensuring compliance with internal controls.

  • Ad Hoc Support: Provide support for various ad hoc tasks as required, contributing to the broader goals of the finance team.

Requirements:

  • Experience: You have 1-2 years of experience in cash management, ideally within a multinational corporation, bank, or FinTech environment.

  • Technical Knowledge: You possess a solid understanding of banking systems and international business, particularly in handling multi-currency transactions.

  • Global Payments Expertise: Familiarity with the requirements and complexities of global payments transactions, including SEPA, SWIFT, API connectivity, banking platforms, and Treasury Management Systems (TMS), is essential.

  • Organizational Skills: You excel in prioritizing tasks, managing your time effectively, and working independently with minimal supervision to meet deadlines.

  • Communication and Problem-Solving: You have excellent communication, organizational, and problem-solving skills, with advanced proficiency in Excel.

  • Language Proficiency: Fluency in English is required; proficiency in additional European or Asian languages is a plus.

  • Financial and Analytical Support: Provide financial and analytical support, including daily, weekly, and monthly reporting on treasury and financial activities.

  • Transaction Monitoring: Monitor all transactions and bank balances daily to ensure accuracy and promptly address any discrepancies.

  • Issue Resolution: Track and resolve connectivity issues, and implement live dashboards to monitor and address data discrepancies in real-time.

  • Cash Flow Analysis: Analyze the company’s cash flow, including pay-ins and pay-outs, to support effective cash management and forecasting.

Total Rewards

Our workforce deserves fair and competitive pay that meets them where they are. With scalable benefits, rewards, and perks, our total rewards programs reflect our commitment to inclusivity and access for all. 

Some things you’ll enjoy

  • Provided computer equipment tailored to your role

  • Stock grant opportunities dependent on your role, employment status and location

  • Additional perks and benefits based on your employment status and country

  • The flexibility of remote work, including WeWork access where available

At Deel, we’re an equal-opportunity employer that values diversity and positively encourage applications from suitably qualified and eligible candidates regardless of  race, religion, sex, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, pregnancy or maternity or other applicable legally protected characteristics.

Unless otherwise agreed, we will communicate with job applicants using Deel-specific emails, which include @deel.com and other acquired company emails like @payspace.com and @paygroup.com. You can view the most up-to-date job listings at Deel by visiting our careers page.

Deel is an equal-opportunity employer and is committed to cultivating a diverse and inclusive workplace that reflects different abilities, backgrounds, beliefs, experiences, identities and perspectives.

Deel will provide accommodation on request throughout the recruitment, selection and assessment process for applicants with disabilities. If you require accommodation, please inform our Talent Acquisition Team at recruiting@deel.com of the nature of the accommodation that you may require, to ensure your equal participation.

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