Card Settlement & Reconciliation Implementation Consultant

Responsibilities

Review card product features transaction life cycles and settlement models Analyze transaction flows across issuers processors schemes and internal systems Assess existing operational financial and technical infrastructure Identify process gaps operational risks and reconciliation challenges Design and document end-to-end settlement and reconciliation frameworks Define reconciliation points across internal and external platforms Develop reconciliation rules matching logic exception thresholds and tolerance levels Map transaction types fees chargebacks and adjustments to General Ledger GL accounts Establish exception management discrepancy resolution and escalation procedures Implement financial controls and governance mechanisms to ensure reconciliation accuracy Prepare daily weekly and monthly operational and financial control reports Support system integration activities between card processing settlement and finance systems Participate in SIT UAT and production readiness testing Validate settlement calculations funding movements scheme fees interchange fees and accounting entries Review reconciliation outputs and ensure proper exception handling Support go-live activities and post-implementation stabilization Develop Standard Operating Procedures SOPs and operational documentation Deliver training sessions to finance operations and reconciliation teams Conduct knowledge transfer sessions and provide complete project handover documentation Collaborate with business finance technology and vendor stakeholders throughout the implementation lifecycle Ensure successful transition of settlement and reconciliation operations into business-as-usual activities

Bachelor's degree in finance, Accounting, Banking, Business Administration, Information Systems, or a related field. 5+ years of experience in card settlement, reconciliation, payments operations, or financial operations. Proven hands-on implementation experience within banks, fintechs, card issuers, processors, or payment service providers. Strong understanding of card payment ecosystems, including clearing, settlement, funding, fees, and accounting processes. Experience in designing and implementing reconciliation frameworks across multiple systems.

Strong knowledge of General Ledger (GL) mapping, accounting controls, and financial reporting. Experience supporting testing, UAT, go-live, and production deployment activities. Experience with Visa, Mastercard, or other payment schemes is preferred. Excellent analytical, communication, stakeholder management, and documentation skills. Professional certifications in payments, finance, accounting, or project management are an advantage.