About us:
Astra Tech is a UAE-based technology investment and development group, embarked on a mission to build the world's first ultra platform & ecosystem, that will disrupt the consumer technology space by rethinking the boundaries of a digital ecosystem.
It will be the first of its kind in the MEA region to simplify the way people & businesses interact, engage and transact with each other. The platform will provide seamless connectivity between consumers and businesses, enabling users to effortlessly access home, e-commerce, and fintech services in one place.
Astra's mission is to enrich people's lives by making communication and e-commerce more seamless, connected, and natural.
Key Responsibilities
1. Offline Payment Recording and Reconciliation
- Accurately record all offline payment transactions in the financial system, including bank deposits, manual payments, and cash collections.
- Reconcile offline payments with bank statements and company records on a regular basis.
- Identify discrepancies between recorded transactions and actual payments, investigate root causes, and correct errors promptly.
- Maintain and update offline payment logs and ensure accuracy in reporting.
2. Online Record Checks
- Monitor and verify online transactions across digital channels, including credit card payments, bank transfers, and mobile payment platforms.
- Conduct daily, weekly, and monthly checks on online payment records to ensure all transactions are captured in the accounting system.
- Collaborate with IT and Operations to resolve system errors or missing transaction data in online payment records.
- Prepare regular reports on online payment status, discrepancies, and resolution timelines.
3. Gap Analysis and Reporting
- Conduct gap analysis to identify missing, duplicate, or incorrect entries in both offline and online payment records.
- Implement a structured approach for identifying common issues in payment records and recommend corrective actions.
- Prepare reconciliation reports and variance analysis for Finance and Management, highlighting key findings and trends.
- Work with the Finance team to develop and implement procedures to minimize recurring discrepancies.
4. Internal Process Improvement
- Contribute to the development and documentation of reconciliation processes, improving efficiency and accuracy.
- Assist in implementing automated solutions for reconciliation tasks to minimize manual intervention and errors.
- Maintain a record of reconciliation procedures and provide training for team members, as necessary.
5. Audit Support
- Prepare and provide reconciliation documentation for internal and external audits.
- Ensure compliance with company policies, internal controls, and industry regulations.
- Assist in responding to auditor inquiries related to reconciliation practices and payment records.
Qualifications
- Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Experience: Minimum of 2-3 years of experience in a reconciliation, accounting, or finance-related role, preferably in a fintech or financial services environment.
Technical Skills:
- Proficiency in financial reconciliation and accounting software (e.g., SAP, Oracle, or similar platforms).
- Strong proficiency in Microsoft Excel, with experience in data analysis, VLOOKUPs, pivot tables, and formula functions.
- Experience with online payment systems and payment gateways (PayPal, Stripe, etc.) is highly desirable.
- Analytical Skills:
- Keen attention to detail with excellent problem-solving and analytical skills.
- Strong capability in conducting data analysis, gap analysis, and root cause identification.
- Interpersonal Skills:
- Effective communication skills to work cross-functionally with internal teams and external partners.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
