Client Settlements Reconciliation Specialist

BID Operations

. Prepare daily settlement reports, including funds in / funds out, client equity and payment service providers (PSP) balance reports, and distribute them accurately and on time.

Posted 10/15/2026full-timeKuala Lumpur • MalaysiaJuniorMid-LevelWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in client money accounting, including fund segregation and reconciliation processes, while ensuring compliance with regulatory requirements. Proficient in using accounting systems like Xero and advanced Microsoft Excel for accurate financial reporting and analysis.

Highest-signal resume keywords

Client Money AccountingDaily And Monthly ReconciliationMicrosoft Excel ProficiencyXero Accounting SystemPayment Service Provider (PSP) Experience

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Fund SegregationReconciliation ProcessesFinancial ReportingClient Equity ManagementTransaction Dataset Handling

Soft Skills

Attention To DetailWritten And Verbal Communication

Tools & Technologies

XeroPower BISQLPython

Industry Keywords

Financial ServicesBrokerageFintechPaymentsFund AdministrationRegulatory Compliance

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Prepare daily settlement reports, including funds in / funds out, client equity and payment service providers (PSP) balance reports, and distribute them accurately and on time.
Perform day-end balance checks across all PSPs, and reconcile daily movements to PSP statements and the general ledger.
Perform monthly PSP balance reconciliation; investigate, document and follow up on breaks and unreconciled items until cleared.
Support client money calculations and ensure client funds are properly tracked and segregated from company funds.
Record and maintain settlement-related entries in the accounting system (Xero).
Liaise with Finance, Payments, Compliance and PSP contacts to resolve discrepancies and settlement issues.
Maintain reconciliation workpapers and SOPs, and propose improvements to automate and strengthen reporting and controls.
Support internal/external audit and regulatory requests related to client money.

Requirements

What you’ll need

Bachelor’s degree in Accounting, Finance, or a related field.
At least 2 years of relevant experience in financial services, preferably within brokerage, fintech, payments, fund administration, or a similar environment.
Have understanding of client money and client fund accounting, including fund segregation, client equity, and fund movements.
Hands-on experience performing daily and monthly balance reconciliations, investigating daily movements, and resolving reconciliation discrepancies.
Strong proficiency in Microsoft Excel, including lookup functions, pivot tables, and reconciliation workbooks, with the ability to handle large transaction datasets.
Familiarity with accounting systems and general ledger (GL) principles; experience using Xero would be an added advantage.
Strong attention to detail and a high standard of accuracy, with the ability to meet strict daily deadlines.
Good written and verbal communication skills in English; Mandarin proficiency would be an added advantage.
Experience in payment service provider (PSP) or payment gateway settlement and reconciliation is preferred.
Familiarity with CRM systems or reporting and automation tools such as Power BI, SQL, or Python would be an added advantage.
Knowledge of client money regulatory requirements, such as those established by ASIC, the FCA, or similar regulatory bodies, is preferred.

Benefits

Comp & perks

Opportunities for enriching career growth, including exposure to regional contexts.
Healthcare coverage (medical, dental, optical), gym benefits.
Flexibility in smart casual dress code.
Young, vibrant and open work culture.