Settlement and Reconciliation Associate, EBT

This is a fully remote position, open to applicants in United States.

📋 Description

• Execute daily settlement processes.

• Reconcile banking accounts.

• Confirm ACH and wire transactions.

• Validate funding activities.

• Investigate and resolve discrepancies and out-of-balance issues.

• Verify daily funding and settlement operations.

• Comprehend settlement account activities and cash flow.

• Align transactions between system reports, ACH files, and bank statements.

• Analyze extensive transaction data.

• Recognize patterns and underlying causes.

• Ensure data precision and thoroughness.

• Adhere to strict daily timelines.

⛳️ Requirements

• Preferred: Associate's or Bachelor's degree in Accounting, Finance, Business, or a related discipline; or a High School Diploma/GED with relevant work experience in banking, treasury, payments, or accounting may be considered.

• Intermediate proficiency in Microsoft Word required.

• 2-5 years of experience in bank reconciliations, settlement operations, payment processing, cash management, and accounting support functions.

• Intermediate to Advanced experience with Microsoft Excel required, including capabilities in VLOOKUPs, Pivot tables, SUMIFS, data validation, reconciliation methods, and handling large datasets.

• General accounting knowledge and expertise.

• Familiarity with credits, debits, ACH transactions, wire transfers, and returned payments.

• Preferred experience with ACH, wire transfers, returns, adjustments, and exceptions.

• Highly desirable experience in back-office roles within a bank.

• Experience in payment services, government payments, prepaid cards, banking, or ACH files is a plus.

• Ability to meet stringent daily deadlines.

• Excellent written and verbal communication skills.

• Capability to work both independently and collaboratively within a team.

• Comfort in managing sensitive financial information.

• Detail-oriented work ethic.

• Strong critical thinking and problem-solving abilities.

🏝️ Benefits

• Benefits available from day one (medical, dental, vision) for eligible positions.

• Paid time off and holidays.

• Paid training opportunities.

• A supportive and inclusive workplace culture.

• Health insurance coverage.

• Optional dental and vision programs.

• Life and disability insurance.

• Retirement savings plan.

• Paid holidays.

• Paid time off (PTO) or vacation and/or sick leave.

• Potential bonuses or incentives based on business needs.