Merchant Settlement Senior Officer

2 weeks ago

Cape Town, Western Cape, South Africa Payfast (Pty) Ltd. Full time
Payfast by Network is one of the leading Fintech organisations in Africa. We're on a mission to exponentially grow the digital economy of Africa by building world-class payment products.

Developed in-house, our solutions enable customers to make and receive business payments quickly and securely and allow enterprises to trade locally, across borders, and internationally.

We are on the hunt for a Merchant Settlement Senior Officer, reporting to the Merchant Settlement Manager for our Network International Team.

About the Position The Merchant Settlement Senior Officer is responsible for checking and monitoring all payments, vouchers and back end processing activity pertaining to MSU.

The role holder must ensure that all task are carried on within the stipulated time lines. The role holder is responsible for recon &clearance of various GL accounts.

The role holder will be required to resolve routine problems related to activities and assist the team in daily task, liaise external parties for the purpose.

The role may provide technical supervision and guidance to others within the section to ensure efficiency and accuracy. The role would ensure all merchant queries are responded accurately & timely with a focus on TOP 20 merchants.

About you You'd love working with us If you thrive working in a fast-paced environment helping meet the demands of our rapid growth.

You'll fit in perfectly with our culture if you:
Get energised by a fast-paced environment Cherish a good work-life balanceAre adaptableRegard collaboration as an essential part of getting the job donePride yourself as being a self-starter who doesn't lack motivationDon't need to be micromanagedTake feedback well and use it for self-improvementWelcome change and new ideasValue the importance of diversity What you'll be doing

Key Responsibilities:
Checking and releasing of payments to merchants through smart business.

Checking and releasing TT issued through SBChecking of refund & sale batchesChecking of pick up card fee collection batches and cheque issuance Resolving merchant queries and recon issues.

G/L reconciliation.
Account opening where ever new account opening is required.
Checking & releasing of daily settlement vouchers.
Checking & releasing of pick up reward cheque issuance vouchers and all other Misc vouchers.
Checking all accounting entries are passed on a daily basis as per new accounting plan.
Mentoring and assisting new hires.
Ensure proper filing of documents.
Compiling MIS Monthly.
Ensure that all activities are carried on as per compliance and procedures laid down.
Make the RAGs reports for merchant & publish to Business.

What you'll need Bachelor's Degree from a recognized university, preferably Accounts based.2+ years of experience in accountancy / banking operations.

Very Good command of English Language (Listening, Speaking, Reading & Writing), or equivalent to Upper-Intermediate levelStrong settlement background. Essential knowledge in MS Office.
Leadership skills.
Strong communication skills.
About us PayFast was founded in 2007 and has grown into one of South Africa's leading online payment gateways.

The DPO Group, which includes DPO Africa, PayGate, PayFast and SiD Instant EFT, is the largest and the fastest-growing African payment service provider, operating in 21 countries and working with more than 60,000 active merchants across the continent.

In 2021, DPO Group was acquired by Network International.

Our combined resources and expertise are benefiting merchants and online shoppers looking to accept digital payments through as many different channels as possible.

What we offer Company pension21 days annual leaveStudy leaveCelebrate your cake day with special birthday leaveGreat company culture Access to learning and developmentOnsite Barista, fueling your coffee needsAnd a whole lot more...Availability As soon as humanly possible (but we are willing to wait for the perfect candidate).If this sounds like a role that you would flourish in, please apply now.

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