Reconciliation Specialist, Lemfi
International payments service
Open for applications
International payments service
201-500 employees
Open for applications
201-500 employees
Company mission
To improve the financial lives of the next generation of immigrants.
Role
Who you are
- Detail-Oriented & Analytical: You excel at spotting patterns, identifying discrepancies, and working with high volumes of transactional data
- Process-Driven: You value accuracy, structure, and timely completion of tasks
- Calm Under Pressure: You can manage deadlines and competing priorities in a fast-paced environment
- Collaborative: You work well with product, engineering, operations, and finance stakeholders
- Adaptable: You are comfortable navigating evolving processes and a dynamic global fintech ecosystem
- A Clear Communicator: You articulate findings clearly and collaborate effectively across teams and partners
- 3–5 years of reconciliation experience with relevant regional qualifications (e.g., GCSEs, A Levels, O Levels)
- Strong understanding of global payment flows, settlement processes, and banking operations
- Excellent analytical, communication, and research skills with high attention to detail
- Collaborative team player with strong stakeholder management abilities
- Proven ability to problem-solve, manage multiple priorities, and meet strict deadlines
- Proficiency in Excel, Word, and reconciliation tools (internal or third-party)
- Don’t meet every single requirement in the job ad? Research shows that candidates from underrepresented backgrounds often hesitate to apply if they don't check every box. If you are excited about this role and our mission, we encourage you to apply anyway. You might be just the right person for this, or other roles
What the job involves
- As a Reconciliation Specialist, you will be essential to ensuring the accuracy and integrity of LemFi’s financial data across our global payment and settlement channels
- You will own daily and monthly reconciliation processes, identify and resolve discrepancies, partner with cross-functional teams, and help strengthen the financial systems that power our products worldwide
- This is a hybrid operations role with a rotating weekend schedule—one Saturday or Sunday per month
- Reconcile daily financial activity across ledgers, bank accounts, credit card transactions, and global payment channels
- Prepare accurate reports including daily summaries, month-end close outputs, and audit-ready documentation
- Investigate and resolve discrepancies such as failed bookings, double charges, and unsettled transactions
- Maintain strong financial controls by managing journal postings, balancing control accounts, and ensuring complete documentation
- Provide insights and analysis on transaction trends, partner-channel income/costs, and reconciliation exceptions
- Support customer and operational teams by resolving transaction-related queries and coordinating with Product and Engineering
- Collaborate with internal and external partners—including banks, payment providers, Finance, and Accounting—to improve processes and meet reporting obligations.
Application process
- Chat with a Talent Partner (30 mins)
- Behaviours & Culture Interview (30 mins)
- Case Study (3 days to complete)
- Final Interview (45 mins)
Salary benchmarks
Our take
LemFi, previously known as Lemonade Finance, is a fintech platform addressing the challenge of accessing reliable financial services faced by millions of immigrants worldwide. By offering quick onboarding and a multi-currency offering, LemFi allows its users to send, receive, hold, convert, and save in both their country of origin and residence currencies.
Recognizing the limitations faced by traditional banks and neo-banks, LemFi offers instant international transfers at favorable exchange rates with no transfer fees. Initially launched in Canada, growing demand for the company's services has allowed it to expand to the UK, and broaden its African payment channels.
The company has secured good funding from prominent investors like Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. With plans to expand its product offering across the globe, LemFi will further its mission of providing accessible and transparent financial services to migrant communities worldwide.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company HQ
Downtown, Oakland, CA
Leadership
Ridwan Olalere
(Co-Founder & CEO)Also the Founder of forLoop Africa. Previously the Country Manager of Uber Nigeria. Also worked as a Software Developer at Flutterwave, Hotels, Novatia, and NextMynds.
Rian Cochran
(Co-Founder)Previously a Financial Director at Opera Software, Powerbets Holdings, and OPay.
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