POSITION SUMMARY: The Junior Staff Accountant will be responsible for working to support the Settlement team through daily preparation of Manual Journal entries & I-Balance Settlement Entries. The Jr. Staff Accountant will also daily review Exception Transactions and prepare Exception journal entries. The position will also provide assistance to the Settlement staff to ensure that issues and variances resulting from entries are resolved timely and accurately to help mitigate risk.
DUTIES AND RESPONSIBILITIES:- Daily preparation of all assigned journal entries.
- Ensure source documents agree before uploading any entries.
- Print Exception source reports and ensure receipt and accuracy of the Exception transactions and daily prepare journal entries
- Notify Senior Accountants of issues arising from any assigned entries.
- Assist Senior Accountants with resolving variances in the bank reconciliations and Exception reconciliations
- Timely resolve any variances that are created from the funding and Exception journal entries identified by Accounting staff
- Assist with quarterly and year-end audit
- Prepare other journal entries as needed and ensure entries are adequately documented Document processes and procedures and ensure that it complies with company guidelines and recommend process flow improvements
- Perform other duties and responsibilities as assigned
QUALIFICATIONS/COMPETENCIES:- Proficient in MS Excel
- Windows/PC experience
- Complete and pass with minimum score
- Microsoft Excel 2007 - Normal User
- Analytical Skills
- Accounting Basics
EDUCATIONAL/EXPERIENCE REQUIREMENTS:- Bachelors Degree in Accounting Preferred: MBA degree or CPA Certification
- 6 months - 1 year experience
- Credit Card Processing or Bankcard Industry experience
