JOB SUMMARY

The purpose of this position is to accurately prepare remittance reconciliation.  This includes balancing electronic payments, autopay, and lockbox payments.

JOB DUTIES & RESPONSIBILITIES

Functional Expertise:

- Review daily and monthly payment reconciliations

- Prepare journal entries

- Prepare monthly Remittance reports

- Prepare monthly bank fee report

- Contact commercial customers, determine their EDI capability and sign them up for EDI program

- Contact brokers and vendors to pay by electronic payment file; coordinate the related testing

- Update monthly Key measurement/performance data

- Troubleshoot electronic vendor payment file issues

- Assist with resolving account reconciliation differences

- Update the bank advice database

- Contact for external and internal auditors’ questions/PBCs

- Assist in resolving Bank Reconciliation differences

 

Business Acumen:

-  Identify and understand business issues and provide insightful reports and

  data queries to assist the team with analysis and resolution

- Understand VOC impact

- Prioritize multiple reporting requests

- Communicate with outside vendors if necessary

- Analyze and interpret data completely and accurately to support or to

  contradict objectives and observation

 

Engagement:

- Provide effective direction and communication necessary to achieve

  department goals

- Demonstrate appropriate written and verbal upward communication

- Motivate to learn new skills and various Credit and Remittance processes

- Work with peers and supervisor to understand and support their objectives and

  requirements

- Provide a positive and supportive environment that encourages productivity

  and safety

 

Driving Results:

- Monitor established work goals to achieve department goals

- Utilize current and new technologies (Power BI, Pivot table, SQL Query, etc.) to optimize collections

- Validate all work assignments are reasonable and accurate

- Meet assignments and projects deadlines

 

JOB REQUIREMENTS
Education Requirements:

Required:

- BA/BS degree in Accounting or Finance; related work experience

                        OR:

HS Diploma with 2 years of accounting or finance related cash reconciliation experience

 

Preferred:

-intermediate level of writing SQL query

Knowledge, Skills & Abilities:

Required:

- Good organization and time-management skills

- Well-developed Interpersonal skills

- Honesty, integrity, and good ethics

- MS Office - intermediate proficiency; MS SharePoint - basic proficiency

 

Preferred:

- PeopleSoft – Financial

- Working knowledge of CC&B

- MSRS reports

- Power BI

 

Disclaimer:This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of duties, responsibilities and qualifications required in the job. Reasonable accommodations may be made to qualified disabled individuals for performance of essential duties and responsibilities.