Reconciliation Associate

Reposted 3 Days Ago
Be an Early Applicant
Nairobi
In-Office
Mid level
Blockchain • Fintech • Payments • Financial Services
The Role
The Reconciliation Associate will run the daily reconciliation process, analyze transactions, resolve discrepancies, and contribute to operational efficiency.
Summary Generated by Built In
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.

What You’ll Be Doing:
  • Running the daily reconciliation process, including gathering data from multiple banking partners, analysis, and matching of transactions.

  • Accurately reconciling all client deposits, withdrawals, and conversions, as well as transfers across different products.

  • Performing daily investigation of reconciliation breaks across all assigned accounts, taking corrective actions to resolve issues.

  • Assisting the team in eliminating and preventing recurring breaks through root cause analysis.

  • Contributing to cross-functional projects aimed at improving automation and operational efficiency.

What You Need:
  • 3-5 years of experience in reconciliation, financial analysis, or a related accounting function, preferably within the fintech, financial services, or payments industry.

  • Intermediate knowledge of MS Excel (demonstrable ability to perform functions such as VLOOKUP, XLOOKUP, etc.).

  • Demonstrated ability to identify, investigate, and resolve complex reconciliation discrepancies/breaks.

  • Strong attention to detail, excellent analytical, and critical thinking skills.

  • Required knowledge of payment processing, FX transactions, and emerging markets.

*We will not be able to progress your application without all the above skills/qualifications

What We’d Like To See:

  • Experience with process improvement and automation.

  • Ability to work effectively and collaboratively with cross-functional and international teams (Kenya, UK, India).

  • A dedicated, proactive approach to work independently and as part of a team.

About our Culture

We are a global team of folks who care about our craft, run with ownership and move the needle by going the extra mile.

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!

Life at Verto
  • Competitive salary.

  • Comprehensive health and wellness benefits.

  • Generous paid time off and flexible working arrangements.

  • Opportunities for professional development and growth in a rapidly expanding global company.

  • Community of colleagues who care deeply about their craft, collaborate with purpose, and enjoy the journey together.

  • A dynamic, inclusive, and mission-driven company culture focused on making a real-world impact.

Diversity & 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.

Top Skills

Excel
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The Company
London
100 Employees
Year Founded: 2017

What We Do

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere. Using a purposefully built tech infrastructure and payment rails, you can instantly send and receive money in over 200 countries. Today, Verto helps 1000+ customers from startups, SMEs to large corporate companies convert millions of dollars per year.

Using our liquidity and price discovery marketplace solution, new customers can convert between 49 currencies, open bank account or wallets in seconds and make payments on a single platform.

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