Accounting Specialist

The Accounting Specialist will perform a broad range of daily and monthly responsibilities centered around the specific accounting requirements of the Fintech/Payments Industry. Below is a list of responsibilities:

• Bachelor's degree in a related field is a Plus.
• 3+ years of accounting experience.
• Fintech/Payments Industry accounting experience a plus.
• Proficient in the Microsoft Suite of products including Excel.
• Proficient in Quick Books (QBO).
• Organized and detail oriented with an ability to work independently.
• Effective written and oral communication skills.
• Strong reconciliation skills: cash and general ledger.

• Assist creating/managing Luqra ERP tickets (Finance Audit Queue) to resolve funds movement issues and internal/external verification requests including the Cancellation Ticket workflow ticket type.
• Resolve MRA (TSYS Platform - Maintain Reject Activity) entries including accumulation of entries on the MRA log.
• Initiate/Post MDE (TSYS Platform – Manual Data Entry) funds movement entries including accumulation of entries on the MDE log.
• Assist with resolving AR-ACH Reject activity. This includes resolving subject amounts due from merchant customers as needed while monitoring Merchant Divert and Merchant Reserve balances in the event a merchant has a depleted reserve balance. Assist with the preparation for collections or legal action as needed.
• Assist with the Release of Funds to Merchants in mReports.
• Ensure subsidiary tracking spreadsheet files are maintained accurately and timely regarding posting activity.
• Assist with the coding of daily cash activity regarding adjustment posting activity.
• Manage general ledger accounting and recurring journal entries regarding adjustment transaction entries under area of responsibility.
• Reconciliation of assigned Balance Sheet Accounts.
• Complete assigned monthly close responsibilities including assigned GL account reconciliations within the monthly close schedule timeframe.
• Assist with the communication of Residual Commission adjustments to the Luqra Operations Department and associated reporting and accounting of the deductions regarding applicable transactions under area of responsibility.
• Assist with the review of daily bank account activity and reconciliation regarding the initiated adjustment transactions under area of responsibility.
• Assist in monthly & year-end financial/audit compliance reporting.
• Prepare assigned analysis reports: includes recurring and ad-hoc reporting and analysis, as required.
• Perform duties in a thoughtful manner to minimize errors.
• Perform other backup and cross train related duties as assigned.
• Assist with the development of training modules for bank compliance and PCI rules and regulations related to area of responsibility.
• Assist with audit including but not limited to:
  External Financial Audit, SOC Audit, Sponsor Bank Compliance and Card Brand Compliance.
• Special Projects as assigned.

Continually seek opportunities for improvement.

Effectively manage multiple priorities in a deadline driven environment.

Excellent communication, analytical and problem-solving skills.

Complete and accurate monthly reporting to assist in the audit processes.

Oversee the accuracy of the financial reporting process.

• Competitive salary, negotiable based on experience
• Comprehensive benefits package including medical, dental, and vision
• 401(k) with company match
• Paid time off and holidays
• Opportunities for personal and professional growth
• Collaborative, team-oriented culture