Reconciliation Analyst
About this role
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 Reconciliation Analyst to drive the efficiency and accuracy of our financial operations by managing the end-to-end reconciliation process for multiple banking partners. In this vital role, you will be responsible for gathering data, analyzing and matching transactions, and ensuring the precise reconciliation of all client deposits, withdrawals, conversions, and inter-product fund transfers. You will perform daily investigations into reconciliation breaks across assigned accounts, actively supporting the team in resolving and preventing future discrepancies. Beyond routine operations, you will also play a key role in strategic projects focused on enhancing automation and long-term process effectiveness to support the organization’s growth.
This role will work closely with our payments, trading, and middle office functions.
What You’ll Be Doing:
Contribute to the execution and improvement of our existing reconciliation processes.
Support the reconciliation framework, ensuring accuracy and efficiency in all stages.
Investigate discrepancies and breaks in reconciliations, assisting in taking corrective actions to resolve and prevent future issues.
Contribute to the implementation of process improvements to enhance automation and operational efficiency.
Collaborate on cross-functional projects aimed at optimizing the reconciliation process and integrating new systems or tools.
Running the daily reconciliation process, including data gathering, analysis, and matching of transactions.
Identifying and investigating discrepancies, breaks, and variances in financial transactions.
Assisting in developing and implementing solutions to resolve reconciliation issues and prevent recurrence.
Contributing to the enhancement of the efficiency of the reconciliation process through automation and system improvements.
Collaborating with internal teams and external banking partners to ensure seamless and accurate financial reporting.
What You Need:
Minimum 2 years of experience in reconciliation, financial analysis, or a related accounting function, preferably within the fintech, financial services, or payments industry.
Intermediate knowledge MS Excel (ability to perform functions such as Vlookup, Xlookup, etc).
Demonstrated ability to identify, investigate, and resolve reconciliation discrepancies.
Excellent analytical, problem-solving, and critical thinking skills.
Strong attention to detail and a commitment to accuracy.
Ability to work independently and as part of a team, including collaborating effectively with cross-functional and international teams.
Excellent communication (written and verbal) and interpersonal skills.
Experience with process improvement and automation is a plus.
Knowledge of payment processing, FX transactions, and emerging markets is required.
Comfortable with the working hours: 9-hour shift within a 7:00 AM – 5:30 PM window
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
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Our Core Values: These values reflect our focus, energy, and shared expectations.
Champion the Mission: We are driven by curiosity and belief to solve global cross-border payment challenges.
Be the Best: We are open, take calculated risks, focus on results, and excel in our work.
Work as One: We transparently share failures and successes.
Go the Extra Mile: We deliver beyond expectations and achieve the impossible.
Customer First: We creatively solve problems and boldly design better experiences for customers.
Run with It: We are determined, embrace challenges, own tasks, act swiftly, and deliver results.
Industry Competitive Compensation & Benefits: We reward employees for their value to the business with competitive compensation and benefits across all locations. 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.
Diversity and 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.
Originally posted on Himalayas