About the position
We are looking for a dynamic Settlement Balancing Accountant to settle high volume financial transactions on a daily basis. You will ensure proper functioning of data transfers between various system interfaces such as Netsuite, associations, and settlement banks. As a part of the team you will reconcile daily directed funds movements with actual reported results and reconcile various clearing and settlement general ledger accounts at month end as well as provide standard or ad hoc requests for reports on clearing and settlement activity. We are looking for someone who can utilize settlement systems/data and bank-provided systems to prepare and record general ledger journal entries as well as analyze and research variances while providing concise explanations for variances and/or fluctuations in a timely manner. This role will also partner closely with internal and external clients and service providers to resolve out of balance conditions, funds movement errors and transaction processing inquiries.
Responsibilities
- Settle high volume financial transactions on a daily basis.
- Ensure proper functioning of data transfers between various system interfaces.
- Reconcile daily directed funds movements with actual reported results.
- Reconcile various clearing and settlement general ledger accounts at month end.
- Provide standard or ad hoc requests for reports on clearing and settlement activity.
- Utilize settlement systems/data and bank-provided systems to prepare and record general ledger journal entries.
- Analyze and research variances while providing concise explanations for variances and/or fluctuations.
- Partner closely with internal and external clients and service providers to resolve out of balance conditions, funds movement errors and transaction processing inquiries.
Requirements
- Minimum of 2 years’ experience in a Settlement Balancing role within a card processing environment.
- Intermediate skill level in Microsoft Excel and PowerBI.
- Experience in accounting systems – experience in completing reconciliations and working with various accounting systems.
- Accounting/Finance Degree and/or relevant experience.
- Experience in high processing volume environments.
Benefits
- Unparalleled opportunities to learn and accelerated career development.
- A collaborative, team environment with people who truly love what they do.
- Unlimited paid time off plus 3 day paid volunteer days per year.
- 12 weeks Gender Neutral Paid Parental Leave.
- Unlimited access to Udemy for Business, 10% of your time devoted to growing you and your career, and further support to help you grow.
- Educational reimbursement.
- Access to mental health support.
