Accounting Representative

Accounting Representative

Job Description:
Assist Accounting Department with various financial tasks, including, detailed claim accounting, bank and claim reconciliations, treasury management, and other claims accounting items.

Essential Functions, Duties and Responsibilities:
, Prepare various financial reports monthly for 25+ clients including, but not limited to, monthly replenishment reports, bank and claim payment reconciliations.
, Process stop and void payments in the claims system and when applicable with the banking institution.
, Review, identify, and correct transactional errors as part of claim payment reconciliation process.
, Ensure bank accounts have sufficient funding from clients to guarantee timely issuance of payments.
, Daily monitoring of approximately 150 bank accounts. This includes monitoring of cleared checks, incoming/outgoing wire activity and current bank balances.
, Manage & resolve any positive pay exceptions.
, Communicate via verbal and written communication with clients to resolve accounting issues.
, Post recovery and refund payments. Reconcile recoveries and refunds monthly.
, Work closely with IT and Account Management departments to ensure data provided is accurate, complete and complies with contractual obligations.
, Process returned escheatment letters, update tracking mechanisms, and report unclaimed property per individual and state filing requirements.
, Review, assess, and resolve any errors associated with daily banking export files.
, Assist with other miscellaneous duties as directed by supervisor.