Finance Operations Senior Associate

Daily Settlement Payment Inand Payment Out Transaction

• Conduct rigorous reconciliation between bank statements (actual funds received) and internal transaction logs to ensure 100% data integrity before fund release.
• Calculate and settle accurate margins, Merchant Discount Rates (MDR), and applicable fees for each merchant account balance.
• Prepare, validate, and upload bulk payment files to initiate transfers to merchant bank accounts or internal balances according to specific settlement cycles
• Guarantee that all fund distributions adhere to the Service Level Agreements (SLA) defined for each payment method (VA, E-Wallet, QRIS, Retail).
• Verify and ensure that settlement transactions are executed to the correct destination account in accordance with the registered settlement destination.

• Conduct liquidity monitoring of account balances across multiple bank channels to ensure adequate liquidity for daily outbound disbursements
• Identify potential funding gaps and collaborate with the Treasury team to execute inter-account transfers, mitigating the risk of settlement failures.

• Liaise with internal departments and external stakeholders to ensure smooth financial operations and resolve escalated issues.
• Monitor the full transaction lifecycle, including inbound payments and disbursements, to identify and resolve anomalies promptly

• Analyze the current settlement workflow to find manual pain points and propose automation or better Excel macros/SQL scripts to the Lead

• Author and maintain the Standard Operating Procedures (SOPs) for all special ops activities and ensure it is updated

• 2–3 years of experience in corporate operations, corporate banking, or financial operations in fintech or bank
• Hands‑on experience with bank reconciliation, cash management, and payment processing
• Extremely meticulous and process‑driven — able to spot discrepancies in large data sets and flag issues proactively
• High sense of urgency — comfortable operating at a fast pace with tight daily deadlines
• Proficient in Excel / Google Sheets for reporting and data management
• Strong written communication skills — able to write clear, structured SOPs and reports
• Comfortable working in a startup/scaleup environment with evolving processes
• Willing to follow shifting working arrangement