About Us:
Network International is the largest Financial Technology company in Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we are growing in direct to consumer card segment as well.
Our EVP's:
At Network International, we always stay ahead. . In the fast-paced world of financial services, we thrive on innovation, agility, and purposeful collaboration. We invest first in our people, empowering you to make bold decisions, learn fast, and grow your expertise alongside industry leaders. Here, solving complex problems means more than using cutting-edge technology; it’s about creating meaningful value for our customers, together. We foster a culture where trust, accountability, and achievement go hand in hand—because success isn’t just a goal; it’s how we work, every day, as one team.
Job Description:
Responsible for performing daily reconciliation and settlement activities for card issuing transactions, ensuring accurate processing, timely resolution of discrepancies, and compliance with operational procedures, scheme regulations, and internal controls.
Responsibilities:
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- Perform daily reconciliation of card transactions across issuing systems, networks, and bank accounts.
- Monitor and process settlement files received from card schemes (Visa, Mastercard, MADA, etc.).
- Investigate and resolve reconciliation breaks, outstanding items, and settlement discrepancies within agreed SLAs.
- Prepare and validate settlement reports, accounting entries, and management information reports.
- Coordinate with internal teams, banks, card schemes, and processors for issue resolution.
- Monitor chargebacks, adjustments, fees, and scheme-related settlements.
- Ensure compliance with operational procedures, audit requirements, and regulatory standards.
- Support automation initiatives, process improvements, and system enhancements related to reconciliation and settlement operations.
Required Skills:
- 3 years of experience in Reconciliation and settlement activities.
- Experience in payment industry.
- Knowledge of card issuing, reconciliation, and settlement processes.
- Understanding of Visa, Mastercard, and local payment scheme settlement cycles.
- Strong analytical and problem-solving skills.
- Proficiency in Excel and reconciliation tools.
- Attention to detail and ability to meet strict deadlines.
Network International is an equal opportunity employer. We welcome and encourage applications from candidates of all backgrounds, nationalities, and experience levels. We are committed to creating an inclusive workplace where innovation, diversity, and performance thrive.
Skills Required
- 3 years of experience in reconciliation and settlement activities.
- Experience in the payment industry.
- Knowledge of card issuing, reconciliation, and settlement processes.
- Understanding of Visa, Mastercard, and local payment scheme settlement cycles.
- Strong analytical and problem-solving skills.
- Proficiency in Excel and reconciliation tools.
- Attention to detail and ability to meet strict deadlines.
What We Do
At NI, we Engineer Ambitiously. We celebrate creative problem solving. And we take our customer relationships to heart. We believe in the power and potential of making connections—between people, ideas, and technology. In fact, connection is central to everything we do. We constantly challenge ourselves to find those connections because that’s what creates a path forward. This means bringing the right people together to build solutions that make a difference. It means combining fresh perspectives with new technologies to turn your vision into reality. For more than four decades, we’ve set the standard in automated test and automated measurement systems. We’re proud to partner with the talented engineers and enterprises using our systems to solve the world’s most pressing technology challenges and build better businesses. From data and automation to research and validation, our tailored, software-connected approach is rooted in helping you engineer what’s next. As your trusted partner, we’re committed to helping you set your goals higher and reach them sooner. We’re here for you, for each other, and for the next generation of innovators who think bigger, aim higher, and go faster. Let’s Engineer Ambitiously.
