Reconciliation Specialist, Galileo Financial Technologies

Salary not provided

$27 - $34 USD per hour

Excel

Senior and Expert level

Remote from US

More information about location

Global payments processing platform

Job no longer available

Global payments processing platform

501-1000 employees

FintechB2BEnterpriseBankingPaymentsFinancial Services

Job no longer available

Salary not provided

$27 - $34 USD per hour

Excel

Senior and Expert level

Remote from US

More information about location

501-1000 employees

FintechB2BEnterpriseBankingPaymentsFinancial Services

Company mission

Galileo's mission is to expanding the financial frontier by powering the world's most innovative Fintechs.

Job

Company

Role

Who you are

Strong analytical and accounting skills
Excellent interpersonal skills and demonstrated ability to work effectively in a team environment, along with being self-motivated, ability to work independently, multi tasking, and a high attention to detail
Strong computer skills and solid experience in standard Microsoft products are essential, especially with Excel
Batchelor’s Degree in Accounting, or 5+ years of experience
Demonstrable experience within an organization during its start-up and growth phases, executing through teamwork and collaboration
Strengths include problem solving, issue-resolution, attention to detail, and ability to multitask
Outstanding interpersonal skills, and the ability to work with all levels within the organization in a collaborative manner
Must be able to establish peer relationships and communicate effectively within cross-functional and external teams as well

What the job involves

Our accounting team is seeking a Reconciliations Specialist to join our growing team. This role will report to the Financial Operations Manager
Perform Bank statement reconciliations
Research outstanding entries to ensure items are cleared in a timely manner
Prepare appropriate adjusting entries
Perform scheduled and ad-hoc analysis
Maintain appropriate files, reports, documentation, and data
Other duties as assigned

Our take

The global neobanking market is still growing at a staggering rate, valued at more than $50 billion and forecast to grow 50% annually for the foreseeable future. While companies like Revolut, Monzo, and Wise have been at the forefront of this digital revolution, Galileo has been a major background player.

In essence, the 2001-founded company provides some of the world’s leading fintechs (including the aforementioned Monzo and Wise), with the software and infrastructure they need to issue cards, process payments, and build innovative digital banking products.

The Fintech industry as a whole sat up and took notice when SoFi acquired Galileo for $1.2 billion in 2020, a year before going public. However, it's worth noting that since then, Galileo has continued operating as an independent subsidiary.

The hiring of financial industry veteran Derek White as CEO, and new partnerships with the likes of Fundbox and Global Rewards indicates that business is still booming for Galileo, while the company also looks to be exploring new, potentially very lucrative avenues in the crypto industry.

Freddie

Company Specialist at Welcome to the Jungle

Insights

Top investors

Glassdoor (3.85)

Company

Funding (2 rounds)

Oct 2019

$77m

SERIES A

May 2014

$8.3m

SERIES A

Total funding: $85.3m

Company benefits

Comprehensive medical, dental, vision and life insurance benefits
Generous vacation and holidays
Paid parental leave for eligible employees
401(k) and education on retirement planning Retirement plans and planning
Tuition reimbursement on approved programs
Monthly contribution up to $200 to help you pay off your student loans
Great health & well-being benefits including: telehealth parental support, subsidized gym program
Fully stocked kitchen (snacks and drinks)

Company HQ

Sandy, UT

Leadership

Derek White

(CEO, not founder)

Served as VP of Global FSI Cloud at Google before joining Galileo. Prior to this they were the Vice Chair & Chief Digital Officer at U.S. Bank. Previously spent almost a decade in senior roles at Barclays, including spells as Chief Customer Experience Officer, Global Retail & Business Banking, and Groupwide Chief Digital & Design Officer.

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