Reconciliation and Settlement Officer job at PalmPay
Website :
29 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Reconciliation and Settlement Officer

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:


Deadline of this Job:
16 January 2023  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Wednesday, January 04, 2023 , Base Salary: Not Disclosed

Similar Jobs in Kenya
Learn more about PalmPay
PalmPay jobs in Kenya


• Develop and execute processes, standards, guidelines, and service-level agreements for partnering organizations.
• Attend to customer and merchant disputes and ensure prompt resolution.
• Liaise with banks and aggregators on settlement discrepancies.
• Identifying, negotiating, and closing partnership deals on direct product offerings.
• Liaising with switching companies and card schemes on Settlement issues
• Reconciliation of transactions routed through various payment platforms
• Daily reconciliation of accounts for exceptions and subsequent escalation of exceptions to the switch and other vendors or third parties for resolution.
• Ensures timely reconciliation of all transactions done on the terminals.
• Ensure daily validation of transaction posting on the system.

Specifications & Requirements

• Creative thinker and problem solver who can resolve issues arising from online transactions timely and efficient.
• A self-starter and self-motivated person who is able to influence and direct the settlements and reconciliation process.
• Passionate about solving problems and is focused on customer experience and outcomes.
• Strong communication skills to solve the settlement related issues with external channels effectively

• A Bachelor's Degree or its equivalent
• At least 2 years’ experience in reconciliation and settlement
• At least 4 years in Digital Financial Services or banking industry experience
• At least 2years’ experience in business development and continuity.
• Experience with electronic payment systems
• In-depth knowledge of payment processing gateways
• Experience in Advanced Excel
• Organization and Time management skills
• Proficiency in the use of MS office Suites.
• Excellent communication skills and interpersonal skills.
• Attention to detail and accuracy

Work Hours: 8

Experience in Months: 48

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Go to PalmPay on to apply

All Jobs


Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 16 January 2023
Duty Station: Nairobi
Posted: 04-01-2023
No of Jobs: 1
Start Publishing: 04-01-2023
Stop Publishing (Put date of 2030): 04-01-2066
Apply Now

Notification Board:

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.