Treasury Settlement Analyst

Overview

TREASURY SETTLEMENT ANALYST

THIS IS A HYBRID OPPORTUNITY IN SPOKANE WASHINGTON

This position is responsible for mid-level activities maintaining client trust fund accounts with very large dollar and transaction volumes through daily and monthly account reconciliations to note any reconciling items. The position is also responsible for establishing and improving reconciliation policies and procedures to maintain proper reconciling for trust fund activity.

• Perform daily reconciliations of client funds received, client fund disbursements and future scheduled client disbursements.
• Prepare complex daily general ledger and bank reconciliations for large dollar and transaction volume accounts on a daily basis.
• Detail reconciliation discrepancies or issues in a timely manner.
• Use Settlement Manager to settle posting queues for assigned accounts.
• Identify short payments, over payments, set collections and request repayments.
• Reconcile and maintain client trust fund general ledger accounts.
• Ensure all reconciliation items have current notes and are resolved within 30 days.
• Coordinate the request for reimbursement of fees and other items from Finance to ensure trust accounts remain whole.
• Work closely to communicate and collaborate with other departments to resolve payment exception items.
• Work closely with accounting team and bank personnel to research and resolve banking, accounting or reconciliation discrepancies.
• Verify customer payments are appropriate, using information from Platform, EMAS, Avi Track, E2.0, Salesforce and Solomon. Work to ensure all journal entries and defined reconciliations are complete for month end reporting.
• Maintain relationship with Finance, Treasury, Customer Services Teams, Service Delivery Teams, and Implementation Teams.
• Advise management of reasons for any unusual trends, payment discrepancies, difficulties obtaining information or other pending issues for assigned accounts.
• Continuously assess systems and recommend changes that would allow greater efficiency in daily and monthly reconciliations.
• Prepare a variety of other financial reports and analysis as required.
• Supports external audit requests and addresses audit issues.
• Prepare updates and maintains policies and procedures.
• Cross-train for backup on designated duties of team.
• Complete special projects and support other functions within Treasury Services team as requested.
• Complete assignments as requested.

• High School Diploma or equivalent required
• An associate's degree in accounting or business, or equivalent work experience required.
• Bachelor's degree in accounting or finance preferred.
• 4+ years related accounting experience in reconciliation or equivalent combination of education and experience.
• Experience in bank reconciliations for high volume transaction accounts on a daily/monthly basis.
• Must be proficient in utilizing computer programs for processing data and writing reports. Required program applications include:
  Microsoft Outlook (intermediate level), Microsoft Excel (advanced level), and Microsoft Word (intermediate level).
• Knowledge of P-card and electronic payment processes and systems preferred.
• May consider a combination of relevant experience with educational and other skills and abilities in lieu of educational requirements

• Strong verbal, written and interpersonal skills.
• Experience with Microsoft Office suite of products
• Familiarity with systems;
  Salesforce, ADP, and other internal transversal process systems
• Ability to read and interpret accounting documents as well as standard procedure manuals.
• Ability to read and understand general business periodicals, financial reports, and professional journals.
• Ability to write routine reports, correspondence, and procedure manuals.
• Ability to speak effectively with employees of company.
• Ability to apply commonsense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Interpret and understand reports and statements,
• Independent worker with good…