Fawry is hiring a Senior Acquiring Reconciliation – Treasury professional to manage end-to-end reconciliation and settlement activities across card schemes and digital payment channels. The role sits at the intersection of Treasury, Payments, Finance, Banking, and Technology, with a strong focus on reconciliation accuracy, settlement operations, exception management, liquidity coordination, and process automation.
The successful candidate will work closely with Visa, Mastercard, Meeza, banks, payment processors, payment gateways, treasury teams, and technology functions to ensure accurate and timely settlement while minimizing operational and financial risks.
Key Responsibilities:
Manage end-to-end reconciliation and settlement operations across Visa, Mastercard, Meeza, and digital payment channels.
Reconcile transactions between internal systems, payment gateways, banking partners, and card schemes.
Oversee settlement processes and ensure accurate and timely settlement execution.
Coordinate with Treasury teams regarding liquidity management and settlement funding requirements.
Investigate and resolve reconciliation breaks, discrepancies, unmatched transactions, and exceptions.
Analyze transaction-level differences and identify root causes of reconciliation issues.
Monitor settlement exceptions and ensure timely resolution.
Identify and mitigate operational risks arising from reconciliation and settlement discrepancies.
Perform month-end closing activities, including reconciliation, variance analysis, and financial reporting.
Prepare reconciliation and settlement reports for management and relevant stakeholders.
Act as a key liaison with banks, payment processors, card schemes, and internal teams.
Coordinate with technology teams on reconciliation system enhancements.
Support API integrations and optimization of reconciliation tools.
Drive automation initiatives to reduce manual reconciliation and operational effort.
Identify opportunities to improve reconciliation processes, controls, and operational efficiency.
Develop and maintain appropriate reconciliation controls and procedures.
Support audits and provide relevant reconciliation and settlement documentation when required.
Collaborate with Finance, Treasury, Operations, Technology, and Payments teams to resolve complex issues.
Monitor operational KPIs and ensure reconciliation activities meet defined service levels.
Requirements & Qualifications:
Bachelor's degree in Finance, Accounting, or a related field.
3–5+ years of relevant experience in reconciliation and settlement.
Experience within banking, fintech, payment institutions, or financial services.
Strong understanding of card payment schemes and digital payments.
Knowledge of Visa, Mastercard, and Meeza payment ecosystems.
Strong experience with reconciliation, settlement, exception handling, and discrepancy resolution.
Advanced Microsoft Excel skills.
Hands-on knowledge of Power Query and Power BI.
Knowledge of SQL and/or Python would be an advantage.
Familiarity with core banking, payment processing, or reconciliation systems.
Strong understanding of transaction lifecycle and settlement processes.
Proven ability to investigate reconciliation breaks and determine root causes.
Experience in process optimization and automation is highly desirable.
Strong analytical and problem-solving skills.
Excellent communication and stakeholder-management abilities.
Ability to work effectively with banks, payment processors, technology teams, and internal stakeholders.