Reconciliation Specialist, Deel
PEO
+ Stock Grant
Global payroll for employees and contractors
Be an early applicant
Global payroll for employees and contractors
1001+ employees
Be an early applicant
+ Stock Grant
1001+ employees
Company mission
To make a change for people everywhere by empowering companies to eliminate hiring borders—so anyone, anywhere in the world, can access new opportunities.
Role
Who you are
- Experience: You have 1-2 years of experience in cash management, ideally within a multinational corporation, bank, or FinTech environment
- Technical Knowledge: You possess a solid understanding of banking systems and international business, particularly in handling multi-currency transactions
- Global Payments Expertise: Familiarity with the requirements and complexities of global payments transactions, including SEPA, SWIFT, API connectivity, banking platforms, and Treasury Management Systems (TMS), is essential
- Organizational Skills: You excel in prioritizing tasks, managing your time effectively, and working independently with minimal supervision to meet deadlines
- Communication and Problem-Solving: You have excellent communication, organizational, and problem-solving skills, with advanced proficiency in Excel
- Language Proficiency: Fluency in English is required; proficiency in additional European or Asian languages is a plus
- Financial and Analytical Support: Provide financial and analytical support, including daily, weekly, and monthly reporting on treasury and financial activities
- Transaction Monitoring: Monitor all transactions and bank balances daily to ensure accuracy and promptly address any discrepancies
- Issue Resolution: Track and resolve connectivity issues, and implement live dashboards to monitor and address data discrepancies in real-time
- Cash Flow Analysis: Analyze the company’s cash flow, including pay-ins and pay-outs, to support effective cash management and forecasting
What the job involves
- Bank, PSP, and Credit Card Reconciliations: Perform daily reconciliations of bank accounts, payment service providers (PSP), and credit cards to ensure that all transactions are accurately recorded and discrepancies are promptly identified and resolved
- Cash Data Management: Validate and maintain cash data on a day-to-day basis, ensuring that all financial records are up-to-date and accurate
- Connectivity Issue Reporting: Report and track any connectivity issues with banking and payment systems, working closely with IT and other teams to ensure timely resolution and minimize impact on operations
- Continuous Improvement Collaboration: Work with cross-functional teams to identify and implement process improvements, enhancing the efficiency and accuracy of reconciliation processes
- Closing Activities Support: Assist in the month-end, quarter-end, and year-end closing activities, including the preparation of financial reports and ensuring compliance with internal controls
- Ad Hoc Support: Provide support for various ad hoc tasks as required, contributing to the broader goals of the finance team
Our take
Remote work is growing exponentially, but global onboarding and payments haven't caught up. Deel is a payroll platform for remote teams that connects localized compliance and payments in one system of record, and automates everything.
Deel's goal is to offer every company that hires remote talents a one-stop-shop that makes onboarding, global compliance, and payments easy. The company's growth curve is one for the books, as it has been able to grow its customer base and team at an impressive rate. Its valuation follows suit, and now boasts being one of few businesses to hit $10+ billion just a year after hitting unicorn status.
With remote working here to stay, Deel has proven it got in at the right time, being well placed to capitalize on the trend of globally distributed teams. With such impressive backing, the company should be able to keep its success up as it moves into the future, bolstered by the release of new products and integrations that amplify the impact of its offering.
Freddie
Company Specialist at Welcome to the Jungle
Insights
277% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2022
$50m
LATE VC
Oct 2021
$425m
SERIES D
Total funding: $679.7m
Company HQ
Mid-Market, San Francisco, CA
Leadership
Alex Bouaziz
(Co-Founder & CEO)Previously a Researcher in Environmental Engineering at Imperial College London. Co-Founder and former CEO of Lifeslice.
Shuo Wang
(Co-Founder & CRO)Previously a Researcher at MIT Newman Lab. Co-Founder and former CTO of Aeris Cleantec.
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