About the Job:
The jobholder is 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.
Key Responsibilities
• 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.
Experience / Skills Required
Education: bachelor’s degree or equivalent accounting education qualifications.
Experience:
• Experience in card operations/ bank back-office operations, with the financial GL reconciliation and Settlement experience.
Knowledge/Skills:
• Exposure to card management systems.
• Exposure to card Schemes and Scheme related reports.
• Understanding of Visa, Mastercard, and local payment scheme settlement cycles.
• Knowledge in Accounting (Receivables, Payables & Bank account)
• Excellent knowledge of Microsoft Excel and the ability to effectively utilize AI tools for productivity and process improvement will be an added advantage.
• Good English communication skills (reading & writing).
• Good interpersonal skills.
• Excellent team working skills.
Skills Required
- Bachelor’s degree or equivalent accounting education qualification
- More than 3 years of experience in card operations or bank back-office operations
- Experience with financial general ledger reconciliation and settlement
- Exposure to card management systems
- Exposure to card schemes and scheme-related reports
- Understanding of Visa, Mastercard, and local payment scheme settlement cycles
- Knowledge of receivables, payables, and bank account accounting
- Excellent Microsoft Excel skills
- Good English reading and writing skills
- Strong interpersonal and teamwork skills
- Strategic thinking and problem-solving abilities
- Leadership and people management skills
- Project management and organizational skills
- Communication and interpersonal skills
- Ability to manage change and drive continuous improvement
- Analytical and data-driven decision-making capabilities
- Ability to use AI tools for productivity and process improvement
Network International Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Network International and has not been reviewed or approved by Network International.
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Strong & Reliable Incentives — Pay is considered decent in some roles and is often paired with bonuses. Phrases like 'salary plus bonuses' indicate variable pay is a meaningful component for certain positions.
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Healthcare Strength — Medical coverage extends to employees, spouses, and up to three children, alongside life insurance. This breadth signals a robust healthcare baseline for the region.
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Retirement Support — Retirement and termination benefits align with UAE/GCC norms, including pension contributions for nationals and end‑of‑service gratuity for expatriates. Such provisions indicate structured, region‑appropriate retirement support.
Network International Insights
What We Do
Over the past 30 years, we have built a business based on long-standing and trusted relationships with many of the leading merchants, financial institutions and payment networks operating in the Middle East and Africa. Such relationships are based on our comprehensive capabilities, scale, local presence in the multiple markets in which we operate, alongside our trusted reputation. This gives us significant scale and leadership in the region, where we operate in more than 50 countries, serve over 130,000 merchants and 250 financial institutions and fintech customers, whilst managing more than 16 million customer credentials. We have a diversified business model and operate across the entire consumer payments value chain. We do this with a growth-focused strategy through two business lines: • That enables our merchant customers to ‘take payments’, by providing them with various payment acceptance methods, both online and offline. • Which supports our financial institution, fintech and other payment issuing institution customers in enabling consumers ‘make payments’, by managing and processing their consumer payment credentials and transactions.
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