Key Duties/Responsibilities: 

• Analyze transaction data to identify trends, success rates, failure points, and areas for optimization in payment processing.
• Perform daily, weekly, and monthly reconciliations between internal payment records and PSP (Payment Service Provider) reports to ensure accuracy.
• Track and evaluate PSP fees, interchange rates, chargebacks, and refund costs to identify areas for cost reduction and efficiency improvements.
• Monitor and analyze chargeback rates, fraud patterns, and risk exposure, providing recommendations to minimize losses.
• Assess PSPs' performance by analyzing approval rates, transaction fees, and settlement times to ensure optimal routing of transactions.
• Work closely with finance and compliance teams to ensure financial accuracy, reporting transparency, and regulatory adherence.
• Identify and recommend improvements in payment processes, reporting methods, and reconciliation workflows.
• Maintain dashboards and reports on key payment metrics such as acceptance rates, costs per transaction, and refund/chargeback ratios.
• Ensure timely and accurate settlements from PSPs and banks, investigating discrepancies when necessary.

Key Skills/Experience: 

• Bachelor's degree in Finance, Business, Economics, or a related field.
• 2+ years of experience in payments, finance, or reconciliation-related roles.
• Experience in the iGaming, E-Commerce, and/or Fintech industries.
• Understanding of payment processing regulations and compliance requirements.
• Previous experience with payment reconciliation tools or ERP systems.
• Strong analytical skills with proficiency in Excel, SQL, or data visualization tools.
• Experience working with payment providers, acquirers, or PSP reconciliation processes.
• Knowledge of card processing, interchange fees, and financial reporting.
• Detail-oriented with the ability to identify discrepancies and trends in large datasets.
• Strong problem-solving skills and ability to work in a fast-paced environment.
• Familiarity with chargeback management and fraud prevention strategies is a plus.

To apply for this vacancy, please send your CV, along with any covering letter to [email protected] quoting the above job title. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.