Job Description

JOB DESCRIPTION

Position - Senior Executive Reconciliation

Grade - Senior Executive

Location - Mumbai

About the Company

SBI Payment Services Pvt. Ltd. is a Joint Venture between SBI & Hitachi Payment Services Pvt. Ltd. which combines the unparalleled distribution network, customer trust of SBI with cutting edge technology and services of the Hitachi Group. SBI Payments has been in acquiring business since 2010 and currently has over 38 lakh merchant payment acceptance touch points and processes transaction value of over Rs.1.9 lakh Crore per annum. The Company envisages to be the market leader in digital payments acceptance solutions to merchants in India as well as in Asia.

Qualification

Graduate, Postgraduates will be preferred.

Experience

2+ years

Position Objective / Responsibilities

• Manage end-to-end reconciliation of government transactions across UPI and card payment flows, including scroll validation and settlement tracking.
• Perform reconciliation between PayFac systems, TSP platforms, and State Bank of India records to ensure data accuracy and completeness.
• Identify, investigate, and resolve reconciliation discrepancies in a timely manner, in coordination with internal teams and external stakeholders such as PayFac partners, TSPs, banking teams, and government departments.
• Manage railway invoicing for receivables, including invoice generation, tracking, and follow-up for timely realization of dues.
• Prepare and maintain MIS reports and reconciliation statements to support management review, audit requirements, and regulatory compliance.
• Undertake additional responsibilities and assignments pertaining to Government Business operations, as required from time to time.

Behavioural Competencies

• A high level of commitment and self-motivation
• Strong integrity, trustworthiness and accountability
• Excellent written and verbal communication skills.

Compensation

The compensation/ Cost to company shall be commensurate with experience and industry standard.

More Info

Education