Settlement & Reconciliation Senior Specialist

Posted 4 Days Ago
Be an Early Applicant
Hiring Remotely in Egypt
Remote
Senior level
Software
The Role
Processes and approves daily settlements, performs end-to-end reconciliation across issuing and acquiring businesses, clears exceptions, investigates settlement abnormalities, and ensures accurate financial reporting. The role manages bank and payment-system relationships, resolves internal and external queries, supports payment-system testing and launches, and trains client banks on settlement and reconciliation modules.
Summary Generated by Built In

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:
perform daily Processing & approving of daily settlements, as per SLA.
Ensuring back-up tasks are being implemented as per back-up plan.
Manage daily financial relationship between banks Versus different payment systems.
Support in New project DTM, COE…ETC
Responsibilities:
 1. Handling all types of Scheme Settlements & Reconciliation for NI Client.
2. Ensuring end-to-end reconciliation for NI Issuing/Acquiring business.
3. Reconciliation various GL’s, accurate processing of rejects, exception clearing, re-processing and other related activities.
4. Raising any abnormalities to relevant teams seeing through to complete closure.
5. Ensuring timely and accurate settlements.
6. Ensure both internal & external queries/issues are addressed/resolved correctly.
7. Reconcile end of day reports for card holders’ transactions (General Ledger File Report, Issuer Daily Reconciliation, merchant posting file…ETC) against payment system reports.
8. Check outgoing transactions for all acquiring versus payment systems collection.
9. Review samples of cardholders’ statements to ensure that all account details and transactions are properly reflected.
10. Support the implementation and testing of new payment systems before its launch.
11. Investigate unordinary cases in settlements and work on solving them with development team and payment system and escalate unsolved problems when needed.
12. Mange training sessions, workshops, training material for client banks to train them on Settlement and Reconciliations modules on payment systems
13. Performs other related duties as required.





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.
 

NI (National Instruments) Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NI (National Instruments) and has not been reviewed or approved by NI (National Instruments).

  • Healthcare Strength — Health coverage including medical, dental, vision, and mental-health support is prominently featured in company materials and workplace listings, and feedback suggests these benefits are a consistent strong point.
  • Retirement Support — Retirement programs such as a 401(k) and profit sharing are repeatedly highlighted as part of the total rewards, and feedback suggests these offerings provide solid long-term support.
  • Parental & Family Support — Paid family and parental leave are described as part of a comprehensive package, and feedback suggests these leave benefits contribute positively to the overall experience.

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The Company
HQ: Austin, TX
8,275 Employees
Year Founded: 1976

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.

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