Client Funds Reconciliation Analyst:
Flutter Entertainment is the world’s leading online sports betting and gaming company with a market capitalisation of c. $37bn operating some of the most innovative, diverse and distinctive brands in the sector.
A constituent of both the London FTSE 100 and New York Stock Exchange , Flutter brings entertainment to life for over 20 million customers in a safe, responsible and sustainable way.
We call this the Flutter Edge – the combined power of our talented people, market-leading products, smart technology and the financial capital to succeed.
Operating in 20+ regulated markets , through our Positive Impact Plan , we are committed to making a positive contribution for our customers, colleagues, communities and the planet that we play on.
The Group uses a divisional management and operating structure across its companies: each division has an empowered management team, which is responsible for maintaining momentum and growth in its respective markets.
On 14th May 2024, it was announced that Flutter would be moving its primary listing from the UK to the US, and its global operational headquarters from Dublin to New York (effective 31st May 2024).
Role Overview/Purpose:
An exciting opportunity exists to join the Client Funds & Reconciliations team, which is responsible for efficient control and management of £400m of customer cash, the safeguarding of which is an integral part of Flutter’s strategy.
The role would be responsible for helping to accurately identify and reconcile all customer account balance impacting transactions. Included as part of this is the daily reconciliation of all client deposit and withdrawals, transfer of funds to/from products and promotional credits issued.
The position will also involve working on key projects to integrate Client Funds accounting and reconciliation processes and aligning ways of working with our Fanduel business in the US other Flutter Group brands.
In addition, there will also be opportunities to get involved in integration of new products, payment methods and jurisdictions and implementation and automation of new reconciliations.
Key Responsibilities
- Performance of the daily rota, encompassing deposit and withdrawal reconciliation, completeness of fund movement controls and authorisation of promotional credit application.
- Ensuring customer transactions are accurately identified and appropriately allocated.
- Monitoring of jurisdictional balances to ensure compliance with local regulations.
- Liaison and relationship building with the Divisions and other departments (e.g. Treasury) to aid the efficient accomplishment of daily tasks.
- Completion of month-end bank reconciliations.
- Effective and timely communication with the Client Funds Team Lead, including reporting of any material financial exceptions and liabilities as they arise.
- Managing relationships across geographical locations, with many key stakeholders being situated in Dublin, New York, the Isle of Man and London.
- Awareness of the financial control framework, identifying and highlighting any potential risks.
Skills & Experience
- Strong educational background to degree level
- Enthusiasm and a willingness to learn combined with a proactive approach to work and a desire to progress.
- Proficient in use of standard IT packages (especially Excel) and good system skills, with the ability to learn new software packages.
- Professional, combined with good time management, organisational and multi-tasking skills.
- High level of attention to detail and trustworthiness due to sensitive nature of customer information.
- Proactivity and innovation – capacity to take the initiative to identify improvements in process and assist management in implementation.
- Communication skills are important, with the ability to communicate both within the team and to members of the wider business both essential.
- Flexible, enjoying a frequently changing and fast paced environment.
A sneak peak of the great benefits we have:
- Competitive pay
- €/£1000 per year self-development allowance
- €/£250 Wellbeing allowance
- Enhanced Parental Leave
- Private Health Cover
- Hybrid Working
- Uncapped holiday allowance
- Share Save Scheme
- Take 20
- And much more!
We’re working to be an inclusive employer, and we encourage people from all backgrounds, ways of thinking and working to apply. Everyone brings different perspectives and experiences; you don't have to meet all the requirements listed to apply for this role.
If you need any adjustments to make this role work for you let us know, and we’ll see how we can accommodate them.
Qualifications
- English
- BA
