Brief info about Vinted

Our mission is to make second-hand the first choice, and we're looking for people who want to help us get there. Every day, we work together to help our members buy and sell pre-loved clothing and lifestyle items, giving each piece a second life – or even a third.
The Vinted Group is made up of three business units that support this mission:

Vinted Marketplace is Europe’s leading platform for second-hand fashion and a go-to destination for all kinds of pre-loved items, with a growing range of categories. Our platform connects millions of members across 20+ markets, helping great items find a new life.

Vinted Go enhances the shipping experience with a vast network of over 500,000 pick-up and drop-off points, partnering with more than 60 carriers across Europe, with added services like item verification for peace of mind on high-value pieces.

Vinted Pay is the newest part of the Vinted Group, dedicated to bringing secure, reliable payments to buyers and sellers across Europe. Seamlessly integrated into the Vinted app, it helps keep every transaction safe, efficient, and easy for our members.

Founded in 2008 in Lithuania, Vinted began as a way for friends to find new homes for clothes they no longer needed. In 2019, we became Lithuania's first unicorn! Today, our headquarters remain in Vilnius, and we've grown with offices across Europe, supported by a team of over 2,000 people.

Information about the position

As a Reconciliation Specialist, you’ll play a key role in safeguarding client funds and ensuring we meet our EMI licence obligations. You’ll be responsible for daily reconciliations, protecting “Relevant Funds” (client money), and working closely with Finance, DSA and Treasury to ensure accuracy and compliance.

This role acts as a key control point between client and company funds, ensuring strict segregation at all times. You’ll manage the daily safeguarding workflow, helping keep Vinted Pay fully capitalised and regulator-ready.

In this position, you’ll

Perform daily "Internal vs. External" reconciliations for all safeguarding accounts across multiple currencies and banking partners using a third party reconciliation tool
Verify that the funds held in safeguarding accounts match the total customer liability on the internal platform/ledger
Own the end-of-day safeguarding control, ensuring the segregation of client and company funds is always maintained
Perform monthly PSP invoice and similar reconciliations to ensure accuracy and liaise with relevant stakeholders to resolve discrepancies
Identify, investigate, and resolve reconciliation breaks (discrepancies) in a timely manner
Partner with Payments, Operations and Tech teams to identify root causes of mismatches (e.g. timing differences, FX impact, system issues) and drive sustainable fixes
Maintain a detailed log of all breaks and resolution steps for audit purposes
Assist in the preparation of the daily/monthly Safeguarding regulatory reports
Support external annual audits by providing accurate data samples and process documentation regarding client fund protection
Stay updated on relevant regulations (e.g., PSR, EMR, CASS15, PSD2/3 etc)
Identify manual bottlenecks in the reconciliation process and propose automation strategies
Assist in maintaining and updating the Safeguarding Policy and Procedure manuals

About you

Have experience in Finance Operations, Treasury, or Reconciliations, ideally within a FinTech, Payments, or Banking environment
Experience with reconciliation software is a plus (e.g., AutoRek, Ledge, Aurum)
Understanding of the concept of Safeguarding, Segregation of Funds, and general ledger accounting
Highly detail-oriented, with strong analytical thinking and the ability to work accurately under daily deadlines
Basic knowledge of SQL or data visualization tools (Pigment etc.) is desirable
Proficiency in Microsoft Excel or equivalent is desirable

Work perks

The opportunity to benefit from our share options programme
25 working days of holiday
Access to all the tools & tech needed for work
Home office support: we provide IT workstation equipment and a personal budget of up to €540 for home workplace furniture
Private health insurance
Digital mental and emotional health support and Employee Assistant Program (EAP)
Frequent team-building events
A personal monthly budget for shopping on Vinted
The opportunity to spend up to 90 days per year - 21 of which can be spent working outside of the EU - on workation
A dog-friendly office
In Vilnius office: gym & in-house meals at friendly prices

Working at Vinted

Individual Learning Budget

We invest in your professional growth! As part of our commitment to continuous learning, we offer an annual learning budget to support your personal and career development through courses, certifications, workshops and more.

Hybrid Work

We’ve adopted a hybrid workplace model where 2 days in office are recommended but not enforced. It’s up to you and your team to decide on the exact days you’ll spend working together in person.

Equal Opportunity

The Vinted Group is committed to building an inclusive workplace where people from all walks of life feel a sense of belonging. We welcome applications from people of all backgrounds, identities and life experiences. At Vinted, all applicants are treated fairly without regard to their race, age, religion or belief, sex, national origin, citizenship, gender identity, sexual orientation, disability, or any other protected characteristic.

The gross monthly salary range for this position is:

€2.583—€3.500 EUR

Reconciliation Specialist, Payments Business and Finance