Unit Supervisor, Settlements Operations

7 days ago


Doha, Baladīyat ad Dawḩah, Qatar Own Company Full time
Job Summary

We are seeking a highly skilled and experienced Unit Supervisor, Settlements Operations to join our team at Own Company. As a key member of our financial operations team, you will be responsible for overseeing the timely and accurate settlement of all cards scheme settlements and processing of accounting entries in the General Ledger.

Key Responsibilities
  • Settlements Processing: Ensure the timely and accurate processing of accounting entries in the General Ledger, including product reconciliation and processing of accounting entries for ATM, cards billing, invoices, and settlements.
  • Exception Management: Identify and resolve settlement exceptions and escalate issues to the Section Head as needed.
  • Settlement Tracking: Submit ATM, Visa, Master, Diners, and Paycard settlements trackers to the Section Head as per Service Level Agreements (SLAs) and review settlement-related suspense account proofs to take necessary action to clear outstanding items.
  • Collaboration and Communication: Work closely with Schemes, Card business, corporate operations, Finance, Ops Risk, Internal and External Audit teams to resolve reconciliations and settlement-related issues and complete ad-hoc tasks as assigned.
  • Quality Assurance: Validate all General Ledger vouchers, invoices, and settlements daily to ensure accuracy and monitor related General Ledger suspense accounts and Profit and Loss accounts for accuracy and outstanding items.
  • System Automation: Automate manual reconciliation processes with proactive controls for exception management.
  • Team Leadership: Lead, motivate, and develop a high-performing team to deliver high-quality services and ensure the effectiveness of overall settlements on quality, including auditing, compliance, and outstanding issues.
Requirements
  • Experience: 7+ years of relevant experience with 3+ years in a Supervisor role.
  • Education: Bachelor's degree in Finance or equivalent.
  • Skills: Significant experience in performing cards/Nostro/ATM settlements and GL reconciliations, knowledge of financial accounting of retail and corporate products, project management, coordination of multiple teams, excellent communication and organizational skills, and advanced Microsoft Excel skills.
Preferred Qualifications
  • Knowledge of Financial Systems: Knowledge of Equation/CARS/ATM/credit cards systems.


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