Job Description:
This Sr Analyst, Settlement Accounting will be responsible for research, report generation, spreadsheet preparation, and accounting analysis supporting the Settlement Accounting function in Enterprise Merchant Operations. This role is a key individual contributor to the effective financial management of our Merchant Services capability by defining, testing and improving accounting setup for Merchant Services, investigating errors, supporting compliance with accounting policy and enabling strategic business development through financial analysis.
Responsibilities:
Understand accounting and key operational systems needed to perform research and applies expertise on these systems to resolve issues.
Completes various month-end close tasks including preparation of account reconciliations compliant with company accounting policy, trending of P&L accounts, aging and risk reporting, and ensuring month-end close deliverables and deadlines are met.
Prepares and analyzes accounting data by processing and interpreting accounts such as general ledgers, sub-ledgers, and operational settlement systems.
Deep understanding of GL match pass set-up and maintenance of matching criteria documentation. Identifying and driving refinements to match pass set-up as production processes evolve.
Validate reconciliation between reports and automated entries made from various systems.
Analyze daily production reports to identify opportunities for improvement and report to management.
Reviews, investigates, and corrects errors and inconsistencies in financial entries and reports.
Provides project and production support including process design, testing, attendance on calls, and resolution of complex operational accounting issues.
Create/support balancing and reconciliation using Monarch, attend design calls, create procedures, process maps, QA processes, LOB and SPI control metrics, testing, and production implementation support.
Completes ad hoc reporting or analysis assignments as needed.
Required Skills:
Must have work experience in Accounting (e.g., eLedger, Frontier, Monarch) and Settlement/Payments systems in the banking/financial industry.
Strong ability to research, analyze and solve basic to complex accounting and operational issues.
Knowledge of accounting systems with prior experience completing reconciliations and sub-ledger accounting
Ability to deliver high quality work in fast-paced environment to meet client demands.
Ability to collaborate with internal and external partners to resolve exceptions.
Excellent interpersonal, written, and oral communication skills
Strong ability to prioritize multiple tasks at once.
Proficient in Microsoft Office Suite products (Excel, Word, SharePoint, PowerPoint) and Adhoc reports.
Desired Skills:
BA / MA Accountancy preferred, or degree in related field (e.g., Accounting, Finance, Economics).
Work experience in Global Accounting or Merchant Accounting preferred.
Work experience in Credit Card/Merchant Services industry experience preferred.
Work experience in ATM/payment processing, reconciliation and settlement or settlement accounting preferred.
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role
Full time
JR-25018928
Manages People: No
Travel: Yes, 5% of the time
Washington pay range:
$63,000.00 - $94,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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