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Payout & Settlement Operations

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Track and monitor merchants, PGs and bank receivables and payables. Conduct thorough validation checks to ensure accuracy and completeness of data. Work with teams to ensure timely disbursements. Collaborate with cross-functional teams to optimize payout process. Manage relationships with external stakeholders. Proactively identify and resolve transaction discrepancies. Continuously evaluate and improve payout processes. Develop SOP and maintain transaction records for audit and compliance. Manage invoicing process.

what will you do?

 

  • track and monitor merchants, PGs and bank receivables and payables
  • conduct thorough validation checks to ensure accuracy and completeness of data before processing payouts, minimizing errors and delays
  • work with business, product & tech teams to ensure timely disbursements of funds to merchants/partners/vendors
  • work closely with the reconciliation team to identify and resolve transaction exceptions
  • collaborate with cross-functional teams, including finance, reconciliation and operations, to optimize payout process
  • manage relationships with external stakeholders like merchants, payment gateways, banks & aggregators
  • proactively identify and investigate any anomalies or discrepancies in payout transactions, resolving issues promptly to prevent financial discrepancies
  • continuously evaluate and improve payout processes to enhance efficiency and streamline operations
  • develop comprehensive SOP and maintain transaction records for audit and compliance purposes
  • manage invoicing process for merchants/vendors as part of payout process


you should apply if you have:
 

  • 3+ years of experience in finance, PG settlements or merchant payments
  • adept with MS Excel, Word, PowerPoint, and similar tools
  • advanced analytical and problem solving skills
  • keen attention to detail


 

Set alert for similar jobsPayout & Settlement Operations role in Bengaluru, India
CRED Logo

Company

CRED

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 Years

Category

Operations

Locations

Bengaluru, Karnataka, India

Qualification

Bachelor

Applicants

Be an early applicant

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