Payment Treasury - USDS

Responsibilities

Team Intro:
The Payment team of U.S. Data Security department of TikTok provides payment solutions - including payment acquisitions, disbursements, transaction monitoring, payment method management, foreign exchange conversion, accounting, reconciliations, and so on - to ensure that users have a smooth and secure payment experience on TikTok platform.

In order to enhance collaboration and cross-functional partnerships, among other things, at this time, our organization follows a hybrid work schedule that requires employees to work in the office 3 days a week, or as directed by their manager/department. We regularly review our hybrid work model, and the specific requirements may change at any time.

Responsibilities:
- Manage the clearing and settlement for all contracted channels, including transaction and fee reconciliations, as well as resolving any discrepancies.
- Oversee the clearing and settlement for onboarded merchants, which includes merchant settlements and managing customer accounts and statements.
- Partner with internal teams-like Product, Tech, and Corporate Finance/Accounting-to build system capabilities and develop new process documents.
- Collaborate with external business partners to resolve reconciliation discrepancies and facilitate funding settlements.
- Support various treasury-related tasks and ad-hoc projects as needed.

Qualifications

Minimum Qualifications:
- Bachelor's degree in Business, Finance, or Accounting.
- 3+ years of relevant experience in treasury or fund operations within a multinational corporation or financial institution.
- Familiarity with the procedures for fund clearing, settlement, and reconciliations from both corporate and banking perspectives.
- Proven ability to build cross-functional relationships and communicate effectively with internal and external partners.

Preferred Qualifications:
- Experience with e-commerce payments and accounting automation development.

As a condition of employment, all successful candidates must be able to establish authorization to work in the United States. For this position, the Company does not provide sponsorship for any immigration-related benefits.