Settlement Executive (Payment Gateway Domain)

Job Title: Settlement Executive

Experience: 3- 6 years

Salary Range: upto 6 LPA

Job Summary:

We are seeking a detail-oriented Settlement Executive to manage transaction settlements, reconciliations, and payout processes. The role involves ensuring accurate and timely settlements while coordinating with internal teams, banks, and payment partners.

Key Responsibilities:

• Process daily settlements across payment modes (UPI, cards, net banking, wallets)

• Perform reconciliation between internal systems, banks, and payment gateways

• Identify and resolve transaction mismatches and discrepancies

• Ensure timely payouts to merchants/vendors as per settlement cycles

• Monitor failed, pending, reversed, and refund transactions

• Generate MIS reports and settlement summaries

• Coordinate with banks, gateways, and internal teams for issue resolution

• Maintain documentation for audit and compliance

Required Skills:

• Understanding of payment lifecycle and settlement processes

• Experience in reconciliation and financial operations

• Strong analytical and problem-solving skills

• Good communication and coordination abilities

• High attention to detail and accuracy

Tools & Technologies:

• Microsoft Excel (VLOOKUP, HLOOKUP, Pivot Tables, Advanced Formulas)

• SQL (basic queries for reconciliation and data validation)

• Payment Gateway Dashboards (Transactworld)

• Banking Portals

• Ticketing Tools (JIRA)

Qualifications:

Bachelor’s degree in Commerce, Finance, Accounting, or related field

• Experience

  3 - 6 Years

• No. of Openings

  2

• Education

  Graduate

• Role

  Settlement Executive

• Industry Type

  Accounting / Finance

• Gender

  [ Male / Female ]

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office

• Face interview location

  Malad west,mumbai