About our Company
LemFi (YC S21, Series B) is revolutionising cross-border financial services for immigrants through its multi-currency platform, processing over $1 billion in monthly transactions. We provide instant remittances, foreign exchange services, and multi-currency accounts, all in one seamless experience. With 300+ employees across 15+ countries, we’ve secured our Series B funding from top investors like Highland Europe, Left Lane Capital, and Y Combinator.Our vision: To build the first full-stack financial services hub for the world’s immigrant population.
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Who you are
You thrive in a fast-paced fintech start-up environment and bring a humble, positive attitude paired with a strong work ethic. At LemFi, our teams are passionate, collaborative, and willing to take on cross-functional responsibilities to support the company’s success and deliver an excellent client experience.
Job Summary
As a Reconciliation Specialist, you will play a key role in maintaining the accuracy of LemFi’s financial records across our global payment and settlement channels. This hybrid position involves daily reconciliation, reporting, and discrepancy resolution. A rotating weekend schedule applies, with one Saturday or Sunday worked each month.
Responsibilities are as follows:
- Reconcile general ledger, sub-ledger, bank and credit card transactions, including complex items.
- Prepare daily, month-end and year-end reports, and monthly bank reconciliations for Finance.
- Maintain accurate documentation, files, data and support audit requirements.
- Identify, investigate and resolve discrepancies (e.g., double charges, incorrect amounts, failed bookings).
- Follow up on outstanding and unsettled transactions; monitor banking activity for irregularities.
- Complete daily tasks within deadlines and provide updates to management.
- Monitor and initiate journal postings; reconcile control accounts.
- Analyse income and cost from partner-channel transactions.
- Support fraud monitoring by reviewing disputed transactions and escalating when needed.
- Ensure data accuracy and provide insights for decision-making.
- Work with Customer Management and Engineering to resolve customer queries within SLA.
- Collaborate with Finance, Accounting, Product and Engineering to improve processes and support new product development.
- Maintain relationships with banking and payment partners and meet partner reporting obligations.
Requirements:
- 3–5 years’ reconciliation experience.
- Qualification levels vary by region (e.g., GCSEs, A Levels, O Levels).
- Strong understanding of global payment and settlement workflows.
- Excellent analytical, research, verbal, and written communication skills.
- Team player with a strong stakeholder management skills.
- Adaptability to a fast-changing, global business and regulatory environment.
- High accuracy and attention to detail.
- Strong problem-solving skills, even under pressure.
- Ability to manage multiple priorities and meet deadlines.
- Proficiency in Excel, Word, and reconciliation tools (in-house or external).
Desirables:
- Previous experience of credit card reconciliation preferred.
- Knowledge of credit products.
- Possess knowledge of general accounting principles and workings of the banking systems.
