Responsibilities

Team Intro

The Payment team of U.S. Data Security department of Tik Tok 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 Tik Tok 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.

Key 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.

Work Authorization

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.

Compensation

The base salary range for this position in the selected city is $96,000 - $215,967 annually.

Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.

Benefits

Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive:

• 10 paid holidays per year
• 10 paid sick days per year
• 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure)

The Company reserves the right to modify or change these benefits programs at any time, with or without notice.

Los Angeles County (Unincorporated) Candidates

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:

1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
3. Exercising sound judgment.