Financial Operations Analyst

FINANCIAL OPERATIONS ANALYST / LONDON- BRIDGE/ HYBRID 1-2 DAYS PER WEEK / £27,800-£30,000 PLUS BENEFITS About The Team / Role

WEX Europe Limited, also part of the WEX Inc organisation provides outsourced services to both OFL and OFEL, to enable the execution of their business activities as outlined.

Optal Financial Limited (OFL), a company registered in the UK and is authorised and regulated by the FCA as an Electronic Money Institution (EMI) and provide certain payment services. Optal Financial Europe Limited (OFEL) is a company registered in Ireland and is authorised and regulated by the Central Bank of Ireland (CBI) as an EMI and provide certain payments services. OFL and OFEL are principal members of Mastercard and Visa.

OFEL and OFEL’s current core product/service is to issue as a regulated entity virtual account numbers or virtual cards (often called VANs or VCNs) which it provides to customers of its associated eNett business. OFL, OFEL, and eNett are part of the wider WEX Inc organisation, a US business to business solution provider headquartered in Portland, Maine. The current underlying customer base of eNett and therefore OFL & OFEL are online travel agencies (OTAs) who use VANs and VCNs to facilitate effective and efficient payments to their underlying suppliers via the Mastercard or Visa Payment Schemes.

Exciting new opportunity for a Finance Analyst to join a rapidly expanding, international organisation with ambitious plans for the future.

We are looking for an enthusiastic Finance Analyst to work closely with senior stakeholders and other internal and external parties to ensure all reconciliations are performed accurately and in a timely manner across all currencies and entities. This is a fundamental analyst role within the finance department as part of the Financial Operations team, responsible for the Client Funds reconciliation and associated processes.

• Highly competitive salary- £27,800-£33,000 (dependant on experience)
• Annual company bonus
• 40 hour week – Monday to Friday, no evenings or weekends
• Hybrid working (1
  -2 days per week in London Bridge office)
• Industry leading pension scheme
• Private Medical
• 25 days plus bank holidays – with the opportunity to purchase additional holidays
• Life assurance
• Income Protection
• Gym Flex membership
• Discounts & perks platform
• Employee wellbeing

• Daily execution of client funds reconciliation
• Daily customer funding validation process, ensuring that any issues are escalated in a timely manner
• Verification of critical financial data output and subsequent troubleshooting
• Management and review of live platform deposits to ensure accurate fund allocation
• Assist with and maintain effective working relationships with our financial issuer as a point of contact for finance-related queries
• Reconciliation of Mastercard settlement and interchange information
• Work with key stakeholders to ensure any negative customer balances are highlighted, rectified and escalated in a timely manner
• Analyse, investigate and resolve historical difference within the reconciliation spreadsheet
• Review customer funding as appropriate, highlighting any variances that occur
• Evaluate and provide feedback on the existing processes

• Degree educated and potential further education in Finance, Accountancy, Treasury
• Advanced Excel Skills
• A high level of attention to detail
• Proactive hands-on approach with an excellent attention to detail to keen to make a difference
• Ability to multi-task and product accurate and timely data to tight timelines
• A self-starter with strong ambition to grow and develop
• Relevant experience in reconciling financial data
• Excellent interpersonal skills and the confidence to articulate clearly
• Ability to work effectively in cross functional teams and collaborate with stakeholders from various departments. Strong communication skills to facilitate productive interactions
• Meticulous attention to detail to ensure accuracy and precision in financial analysis, cash forecasting and transaction processing
• Ability to detect errors or discrepancies and take corrective actions
• Flexibility to adapt to changing business environments, market conditions, and willingness to learn and stay updated with emerging practices in treasury management
• Prior use of Netsuite useful
• Proficiency in navigating and managing online banking platforms
• Background of working with payments scheme providers (i.e. Mastercard and Visa)

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/ belief, sexual orientation, or age