Junior Settlement and Treasury Officer

payabl. empowers businesses to grow through payments innovation and banking services. Our ambition is to expand our strong portfolio of global financial services we provide to businesses and make them all available in one place on our platform we call payabl.one. As a licensed financial company with principal membership with card schemes, we specialize in global payments and providing businesses with multi-currency accounts.

The role is about:

As part of our continued growth, we are looking for an entry-level Treasury & Settlement Officer to join our team in Cyprus and support the smooth execution of our daily financial operations.

This role sits at the core of our payments infrastructure, ensuring accurate reconciliation, timely settlements, and effective liquidity management across card schemes, banking partners, and FX operations.

Location: Cyprus

Reporting to: Group Head of Treasury

What you will do:  

• Performing daily reconciliation of transactions between internal back-office systems and card schemes (e.g. Visa, Mastercard)
• Monitoring and validating card scheme settlement cycles to ensure accuracy and timeliness
• Reconciling FX trades and confirming settlements with external counterparties
• Conducting daily bank reconciliations, identifying and resolving unmatched items and funds in transit
• Initiating and processing outgoing payments in line with internal procedures
• Executing merchant settlement cycles and ensuring timely disbursement of funds
• Investigating discrepancies within internal systems and resolving reconciliation breaks
• Preparing daily and monthly treasury and reconciliation reports
• Supporting liquidity management activities and ensuring sufficient funding across accounts
• Ensuring adherence to internal controls, policies, and regulatory requirements, including those set by the Central Bank of Cyprus

What we need:

• Bachelor’s degree in Finance, Accounting, Mathematics, Engineering, or a related field
• Up to 1-2 years of experience in treasury, payments, reconciliations, or a similar finance function
• Strong analytical mindset with excellent attention to detail
• Excel skills and confidence working with large datasets
• Strong communication skills and a proactive, problem-solving approach
• Understanding of card payments, FX processes, and banking operations will be considered an advantage
• Strong sense of responsibility and ownership, with the ability to take tasks through to completion with minimal supervision.

The perks of being a payabl.er:

• Future-Proof Your Finances: Once you’ve passed probation, we’ll kickstart your Provident Fund to secure your future.
• Grow with Us: Annual Learning Budget for professional development (eligible after probation)—because your growth is our growth.
• Wolt Your Way Through Lunch: €150 monthly Wolt allowance to keep you fueled and happy.
• Stay Active Your Way: Enjoy a SportsBenefits membership giving you access to a wide variety of gyms and sports facilities to support your active lifestyle.
• Drive in Style: After one year with us, you may be eligible for a company car—performance and availability permitting.
• Park with Ease: Complimentary parking space just steps from the office, so your commute is as smooth as your workday.
• Max Out Your Downtime: 25 days of vacation + public holidays, plus an additional 10 sick days.
• Shop & Save: Exclusive local discount card + tickets for exciting events like Beonix, basketball games, and more.
• Speak Like a Local: Join free Greek language classes twice a week, open to all team members.
• Celebrate Together: We bring colleagues from all offices together for unforgettable company celebrations.
• Global Collaboration & Events: Opportunities to participate in international company events and initiatives, connecting with colleagues from all regions and contributing to a truly global community

🚀 Our Hiring Process:

• Initial Interview - Conducted by the Talent Acquisition team (30 min).
• In-Depth Discussion - A 45-minute F2F interview with the Group Head of Treasury

Let's embark on a journey to redefine the landscape of payments together. We're not just offering a role; we're inviting you to be a part of something bigger. Join our team, and let's innovate, disrupt, and lead the future of payments. Together, we can make an impact that resonates. Welcome to the team!

If this role seems like a good match, please submit your resume all applications are treated with the strictest confidentiality. Please note that we may keep your CV for a period of one (1) year for future relevant job opportunities. For more information about how we process your data please see our privacy policy at https://www.payabl.com/privacy-policy