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Operations Specialist - Foodics Pay

Foodics
Riyadh, KSA
Full-time
Mid-Senior
Onsite
Discovered 5 days ago
Payment operationsAcquiring bankingSAMA regulatory frameworkKSA regulatory complianceMADA branding rulesSettlement and reconciliation
Free

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Payment operationsAcquiring bankingSAMA regulatory framework
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About Foodics

Foodics is a restaurant management ecosystem and payment technology provider headquartered in Riyadh, with offices across five countries and customers and partners in more than 35 countries.

Operations and Stakeholder Management

  • Develop long-term relationships with internal and external customers, banks, internal operations teams, and cross-functional stakeholders.
  • Understand bank operations, regulations, service-level agreements, and MADA branding rules related to the POS business.
  • Act as the subject matter expert for the assigned account and maintain organized engagement and reporting records.
  • Ensure adherence to company policies and procedures and maintain a positive working atmosphere.
  • Manage overall engagement with the bank and merchant onboarding approval processes.
  • Manage terminals and merchant profiles, including changes to existing merchant credentials.

POS, Merchant, and Vendor Operations

  • Coordinate POS vendor installation and maintenance requests within agreed service levels.
  • Ensure VIP customers receive continuous and exceptional service.
  • Prepare daily POS updates and maintain accurate maintenance and installation reports.
  • Prepare mandate reports covering POS SLAs, MADA branding, active and inactive merchants, segmentation, and stock.
  • Create appropriate backup coverage for reporting responsibilities during absence or vacation.

Financial and Regulatory Operations

  • Ensure merchant account settlement and reconciliation.
  • Prepare SAMA SLA reports with POS vendors and submit them to SAMA.
  • Process chargeback, claim, and dispute requests and coordinate supporting documentation through case closure.
  • Maintain and control stock inventory.
  • Update the billing system for financial billing and validate invoices before submission to banks.
  • Highlight invoice discrepancies to finance and ensure corrective action is taken.
  • Monitor and report on vendor performance and management.

What We Are Looking For

  • Bachelor's degree in Finance, Business, Economics, Law, or a relevant field.
  • At least 1–2 years of experience as an Operations Officer, Accounts Officer, or in a similar role.
  • Acquiring banking knowledge and knowledge of the SAMA regulatory framework are required.
  • Strong knowledge of KSA regulatory compliance in financial and payment services.
  • Knowledge of TMS, or Terminal Management System, in the SAMA context.
  • Expertise in Excel and other Microsoft tools.
  • Excellent written and oral communication skills in both English and Arabic.
  • Ability to work independently across functional groups and manage multiple initiatives simultaneously.
  • Flexibility to work in a fast-paced and evolving environment.

Work Arrangement

  • The role includes maintaining office working hours.

What Foodics Offers

  • The company offers competitive compensation packages, including bonuses and potential shares.
  • The company provides regular training and an annual learning stipend.
  • The role offers autonomy, mentoring, and challenging goals in a hyper-growth environment.

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