Reporting to the Controller, the Settlement Reconciliation Accountant is responsible for daily and monthly reconciliations of all commercial card settlement activity. This includes working closely with the Operations team to ensure all transactions are properly classified and reconciled to third-party reports and bank accounts. An important part of the role will be to act as the liaison between Operations, Sales, and Finance, ensuring smooth communication and prompt resolution of requests and questions. This position will also assist in creating policies, processes, and documentation.
Reports to:
Lani Chao, Controller
About Boost Payment Solutions
Boost Payment Solutions optimizes the use and acceptance of commercial cards through its suite of proprietary technology-enabled solutions. Boost has reinvented how commercial card payments are initiated, accepted, and processed for thousands of companies around the world. As the only fintech acquirer exclusively focused on the B2B marketplace, Boost is making commercial cards a cost-effective, scalable, and secure alternative to traditional and cumbersome payment methods. Boost features a global footprint and is headquartered in New York, NY.
Duties and Responsibilities
Perform daily reconciliations of card transactions between internal and third-party reports/bank activity
Research discrepancies, reversals & returns for proper accounting treatment
Prepare, review & perform account reconciliations in NetSuite
Prepare bank reconciliations for Payfac accounts
Prepare Revenue Invoices and monitor a collection of Accounts Receivable, recording Bad Debt reserve as necessary
Collaborate and consult with peers, colleagues, and Controller to resolve issues and achieve goals
Assist with the annual financial audit and SOC compliance
Perform other duties and responsibilities as assigned
Qualifications
Bachelor's degree in Accounting, Finance, or Business Administration
Minimum 3 years experience in an accounting/finance role required; experience in the payments industry a plus
Solid fundamental accounting skills and GAAP knowledge required
Excellent organization skills
Experience using various ERP software; NetSuite experience a plus
Experience using Microsoft Office (Word, Excel, PowerPoint, Visio, etc.)
Strong written and verbal communication skills
Team player with the ability to work independently with minimal supervision
Ability to organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment
Strong analytical skills to diagnose issues and develop solutions
