Settlement Operations Analyst
Addendum
Vilnius, Vilniaus, Lithuania
Manufacturing / Production, Business Management / Project / Planning
Join ADDENDUM, a global software development and IT team augmentation firm focusing on fintech, banking, and telco industries. Experience tailored benefits, diverse projects with various tech stacks, and opportunities for growth, freedom, and responsibility you desire.
ABOUT THE ROLE:
We are seeking an experienced Settlement Operations Consultant / Business Analyst to join financial project in the Vilnius office. If you have strong analytical skills, understand settlement processes, Accounts Receivable, payments, reconciliations, and enjoy improving operational efficiency, this role is for you.
You will play a key role in overseeing settlement operations, ensuring KPI achievement, supporting integrations, and driving process improvements within an international business environment.
WHAT YOU WILL BE DOING:
- Oversee end-to-end settlement activities performed by acquired companies, including Accounts Receivable, funding, commissions, adjustments, and reconciliations.
- Ensure compliance with internal company standards and full accountability for defined settlement KPIs.
- Identify operational issues, risks, and bottlenecks, escalating when necessary.
- Perform and monitor reconciliation processes with high accuracy.
- Complete complex daily settlement operations tasks while ensuring service levels and KPIs are achieved.
- Analyze settlement flows, payments, and Accounts Receivable processes to identify improvement opportunities.
- Participate in business projects, integrations, and operational transitions.
- Represent the settlement function during transformation and integration initiatives.
- Support the transition to standardized operating models and best practices.
- Prepare reports, insights, and recommendations for stakeholders.
- Collaborate with finance, operations, product, and cross-functional teams.
- Previous experience in Settlement Operations, Payments Operations, Finance Operations, or Business Analysis roles.
- Strong understanding of Accounts Receivable, payment flows, commissions, reconciliations, and settlements.
- Analytical mindset with the ability to investigate issues and improve processes.
- Experience working with KPIs, controls, and operational performance metrics.
- Ability to manage multiple priorities in a dynamic environment.
- Experience with process improvement, integrations, or transformation projects.
- Good communication skills in both written and spoken English.
- Experience in fintech, banking, or financial services is considered a strong advantage.
Salary ranges (for employees in Lithuania only): 2200 - 4200 € gross (the given range is flexible and depends on your experience).
At Addendum we believe in personalized benefits packages that cater to your unique passions. Tell us what drives you, and we'll craft a package accordingly. On top of that, here's what's in store automatically:
- Top Talent Collaboration: Join award-winning teams from different countries.
- Hybrid work model (part office / part remote). Working hours aligned with the Lithuanian time zone.
- Diverse, Challenging Projects: Break free from the ordinary with dynamic, stimulating work.
- Epic Team Events: Join us for summer and winter parties and online events.
- Learning & Development Opportunities: That new tech certificate is just around the corner.
- Special Celebrations: We love a good shindig for birthdays and project milestones.
At ADDENDUM, we wholeheartedly reject all forms of discrimination, including but not limited to age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, marriage, civil partnership, or any other protected category. We are committed to fostering a culture of equality and inclusion, where every individual has the opportunity to thrive.
About the company
Company website•IT Services and IT Consulting
ADDENDUM is an international provider of IT services for software development, IT outsourcing, and consulting.
We can help you with:
- Enterprise Software Development Services,
- IT Resource Outsourcing & Augmented teams,
- Data Management, Data Strategy & BI services,
- IT Consulting Services,
- Software Quality Assurance (SQA) Services.
We are a team of highly skilled:
- Products and Project Managers,
- Business Analysts,
- Software Architects and Engineers,
- DB, Data Warehouse Engineers,
- Quality Assurance Engineers and
- Dev Ops.
We work closely with our clients from fin-tech, banking, telecom, and government industries to build customers’ product strategies: by identifying the right problem, defining shared goals, and selecting the right approach and the right technologies to deliver success. We do digital product development focused on outcomes delivering significant change in shorter timescales.
Companies like Western Union, Lietuvos bankas, SEB, Danske Bank, Luminor group, and Telia Company trust us to deploy enterprise technology stack to deliver new levels of performance, competitiveness, and customer experiences.
Contact us and learn how Addendum can help your enterprise:
+1 (310) 871 3613 (USA)
+370 (617) 56 865 (LT)
[email protected]