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LemFi

Reconciliation Specialist

Posted 14 days ago
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Reconciliation Specialist – LemFi

LemFi (Series B) is building the go-to financial app for the Global South.

Moving to a new country shouldn’t mean starting from zero. That’s why our team of 400+ spanning 20+ countries is building a financial ecosystem that helps immigrants stay connected to home, build stability, and create wealth regardless of where they come from or where they live.

What began as fast, affordable remittances is now evolving into a complete platform for multi-currency accounts, payments, credit, and long-term financial growth.

With millions of users across the globe, we process over $1B in monthly transactions to 30+ countries, proving that borders shouldn’t limit financial opportunity.

The Role

The Reconciliation Specialist is a hybrid remote/office position within LemFi’s Reconciliations team. In this role, you should demonstrate knowledge of how payment and settlement cycles work, end-to-end, with a minimum of 3 years’ experience in the same or similar role.

How You’ll Contribute

  • Reconcile transactions across the general ledger and sub-ledgers, ensuring accuracy and completeness of financial records, including identifying complex transactions.
  • Reconcile bank accounts and credit card transactions.
  • Provide documentation to support all financial transactions; maintain required files, reports, and data.
  • Follow up on outstanding transactions continuously and provide updates to management.
  • Identify and resolve discrepancies in different accounts, such as double charges, incorrect amounts, or failed bookings.
  • Complete all daily assigned tasks within set deadlines.
  • Prepare daily, month-end, and year-end reports.
  • Monitor and instigate journal postings and reconcile control accounts.
  • Prepare monthly bank reconciliation reports for the Finance Department, detailing all transactions to and from LemFi.
  • Present reconciliation reports to management, highlighting discrepancies and providing insights for decision-making.
  • Assist internal and external auditors with required documentation.
  • Monitor all banking activities to detect irregularities.
  • Collaborate with Finance and Accounting teams to ensure smooth operations and compliance.
  • Identify process improvements in reconciliation procedures and suggest best practices to enhance efficiency.
  • Lead investigation and recovery of unsettled transactions with partners and banks.
  • Ensure the quality and accuracy of data, presenting findings to support decision-making.
  • Liaise with Customer Services and Engineering teams to address customer requests and disputes within SLA.
  • Monitor disputed transactions for potential fraudulent activity and escalate to management.
  • Work with Product and Engineering teams to improve processes and support product development.
  • Analyse income and costs based on transactions processed through partner channels.
  • Maintain relationships with banking and payments partners, ensuring compliance with periodic filings and obligations.

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Who You Are

  • 3–5 years of reconciliation experience.
  • Expertise in global payment and settlement transaction chains.
  • Strong analytical, research, verbal, and written communication skills.
  • High level of accuracy and attention to detail in financial reporting.
  • Exceptional problem-solving skills, even under pressure.
  • Ability to manage multiple priorities, meet deadlines, and manage time effectively.
  • Strong team player with a customer service orientation.
  • Adaptable to global operational needs and able to thrive in a fast-changing regulatory environment.

What You’ll Bring

Essential

  • 3–5 years of reconciliation experience (qualifications vary by location, e.g., GCSE, A-Levels, O-Levels in the UK).
  • Proficiency in Excel, Word, and reconciliation tools (in-house/third-party).
  • Excellent written and verbal English skills with clear presentations and collaboration abilities.

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Preferred

  • Previous experience in credit card reconciliation.
  • Knowledge of credit products.
  • Advanced education degree (preferred but not required).
  • 3–5 years in a similar role at a fintech or financial institution.
  • General accounting principles & banking systems expertise.

Working Schedule

  • The team operates on a rotating weekend schedule, covering either a Saturday or Sunday, approximately once per month.

Why Join LemFi?

"Love shouldn’t be expensive"—LemFi seeks to combat predatory fees and banking exclusion for hardworking immigrants.

At LemFi, you won’t just be a token contributor. Whether shaping products, scaling operations, or driving impact, you’ll tackle real challenges with immediate effects.

Your work isn’t just about numbers—it’s about putting money back into families’ pockets and empowering the unbanked.

Join us to make a difference.

Our Values: How We Win

  • Sharp Customer Focus 🎯 – “Cut through the noise; prioritize real value.”
  • Lead with Data 📊 – “Test, analyze, own outcomes.”
  • Ownership 🤝 – “Think globally; act with accountability.”
  • Grit 💪 – “Resolve ambiguity; deliver lasting impact.”

Diversity & Inclusion at LemFi

“We build the best tools for diaspora financial growth—hiring from all walks of life who embody our values.”

If you don’t meet every requirement, consider applying anyway! Underrepresented candidates often hesitate—let’s see what you bring.

📌 Connect with us on LinkedIn and Instagram. 📱 Download the LemFi app on the App Store or Google Play.

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Skills

Financial Reconciliation
General Ledger
Bank Reconciliation
Payment Settlement Cycles
Financial Reporting
Data Analysis
Problem Solving
Excel
Word
Audit Support
Fraud Detection
Stakeholder Management
Communication Skills
Attention To Detail
Time Management
Research

Location

United Kingdom

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