Product Owner, Billing & Settlement

Product Owner, Billing & Settlement

Xplor Pay is seeking a detail-oriented and execution-driven Product Owner to lead delivery for Horizon, our billing and settlement platform. Horizon is responsible for the accurate calculation, reconciliation, and settlement of funds across merchants, partners, and payment networks.

This role sits at the heart of our payments ecosystem—ensuring financial integrity, transparency, and scalability across transaction processing, fee calculation, and customer payouts. You will work closely with engineering, finance, operations, and compliance teams to deliver reliable and auditable settlement capabilities.

Product Execution & Delivery

• Own and manage the Horizon product backlog, ensuring alignment with company priorities and regulatory requirements.
• Break down complex billing and settlement workflows into clear user stories and acceptance criteria.
• Partner with engineering in Agile ceremonies to drive consistent, high-quality delivery.
• Deliver features across billing, invoicing, reconciliation, and settlement processing.

Billing, Fees & Financial Accuracy

• Define and enhance pricing and billing capabilities, including interchange pass-through, assessments, and processor fees.
• Support flexible pricing models (e.g., IC+, flat rate, tiered, blended pricing).
• Ensure accurate fee calculation, ledgering, and auditability across all transactions.
• Partner with finance teams on revenue recognition and reporting requirements.

Settlement & Funds Flow

• Own settlement workflows including merchant funding, partner payouts, and exception handling.
• Improve settlement timing, accuracy, and transparency.
• Design and enhance ledger systems and transaction-level traceability.

Reconciliation & Reporting

• Deliver capabilities for daily reconciliation across processors, networks, and bank accounts.
• Reduce breaks and manual intervention through automation and tooling.
• Enable robust reporting for internal teams and external partners.
• Support audit readiness with clear data lineage and reporting controls.

Compliance & Risk

• Ensure adherence to card network rules and regulatory requirements.
• Partner with compliance and risk teams on controls, reporting, and dispute handling.
• Support PCI and financial audit requirements as they relate to billing and settlement.

Cross-Functional Collaboration

• Work closely with Finance, Operations, Risk, and Customer Support teams to identify pain points and opportunities.
• Partner with commercial and partner teams to support pricing configurations and custom billing needs.
• Collaborate with implementation teams to onboard new partners and billing models.

Essential duties include but are not limited to:

• Supporting major company-wide key initiatives to add new system capabilities.
• Coordinate on-time delivery of roadmap items with other interdependent departments.
• Evaluate business processes, performing requirements analysis and documenting requirements.
• Aligning with business stakeholders on requirements to ensure business needs are being met.
• Serve as liaison between business stakeholders and scrum teams to prioritize requirements.
• Provide support and assistance for troubleshooting issues and production support.
• Monitor deliverables to ensure timely completion.

Qualifications

• 3-6+ years in Product Owner or Product Manager roles, preferably in payments, fintech, and financial systems.
• Experience with billing, invoicing, settlement, and financial reconciliation systems.
• Strong understanding of payment processing lifecycle (authorization through settlement and funding).
• Strong attention to detail and passion for financial accuracy.
• Experience managing complex workflows and data-heavy systems.
• Ability to translate financial and operational requirements into technical deliverables.
• Strong stakeholder management across finance, engineering, and operations.
• Familiarity with interchange, assessments, and card network fee structures.
• Understanding of reconciliation processes and exception management.
• Excellent stakeholder communication skills and data-driven decision-making mindset.
• Accountable, dependable, responsive, and self-motivated.