
Financial Transactions Specialist
6 days ago
This is a dynamic role for an experienced Accountant who will be responsible for maintaining and controlling the General Ledger accounts and business transactions of the organization.
- Analyzes client accounts to ensure all transactions have cleared and are properly funded.
- Reconciles client account records to identify discrepancies between the claim system and the financial system.
- Closes out relationships with terminated clients and returns client escrow balances once reconciliation is complete and discrepancies resolved.
- Meets with IT, Operations, and Finance Department managers and analysts to drive implementation of process changes or corrections involving IT or Operations resources.
- Resolves reporting discrepancies with client contacts.
- Performs root cause analysis of general ledger accounts and subledger detail to identify discrepancies and resolves issues.
- Identifies and troubleshoots problems with cash accounting and book to bank processing issues and resolves independently.
- Assists in identifying client payments and ensures correct accounts receivable application.
- Makes recommendations for accounting process improvements and meets with finance analysts to implement them.
- Compiles and distributes banking activity reports for management.
- Produces management reports summarizing reconciled transactions.
To be successful in this role, candidates should possess:
- Bachelor's degree in Accounting or Finance.
- At least one year of experience in Accounting.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP).
- Independent problem-solving skills with sound reasoning ability.
- Highly analytical with strong attention to detail.
- Excellent oral and written communication skills.
- Basic word processing knowledge, preferably Word.
- Strong spreadsheet knowledge, preferably Excel.
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