Treasury Settlement Analyst

Overview

TREASURY SETTLEMENT ANALYST — 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 role also involves establishing and improving reconciliation policies and procedures to maintain proper reconciliation 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. Ensure journal entries and defined reconciliations are complete for month-end reporting.
• Maintain relationships 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 improve daily and monthly reconciliations efficiency.
• Prepare a variety of other financial reports and analyses as required.
• Support external audit requests and address audit issues.
• Prepare updates and maintain policies and procedures.
• Cross-train for backup on designated duties of the team.
• Complete special projects and support other functions within the Treasury Services team as requested.
• Complete assignments as requested.

• High School Diploma or equivalent required
• Associate’s degree in accounting or business, or equivalent work experience required.
• Bachelor’s degree in accounting or finance preferred.
• 4+ years of 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.
• Proficient in computer programs for processing data and writing reports. Required applications include:
  Microsoft Outlook (intermediate), Microsoft Excel (advanced), and Microsoft Word (intermediate).
• Knowledge of P-card and electronic payment processes and systems preferred.
• Combination of relevant experience with educational and other skills and abilities in lieu of educational requirements may be considered.

• Strong verbal, written and interpersonal skills.
• Experience with Microsoft Office suite of products.
• Familiarity with systems like Salesforce, ADP, and other internal transversal process systems.
• Ability to read and interpret accounting documents and 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 the 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 with limited standardization.
• Independent worker with good decision-making skills, including knowing when to seek assistance.
• Strong communication, analytical and organizational skills.
• Ability to…