Settlement Balancing Accountant

Summary

Join Xplor, a global integrated payment business management software and services provider, as a dynamic Settlement Balancing Accountant. You will settle high-volume financial transactions daily, ensuring proper data transfer between systems like Netsuite and settlement banks. Reconcile daily funds movements with reported results and general ledger accounts. Prepare and record journal entries, analyze variances, and provide explanations. Partner with internal and external clients to resolve issues. The role requires strong attention to detail, problem-solving skills, and excellent communication. Remote work is available within the lower 48 states.

Requirements

• Thrive on Change
• Be a self-starter
• Have excellent attention to detail with high level of accuracy
• Have the ability to work well independently as well as part of a team
• Demonstrate integrity and confidentiality
• Have strong organizational skills
• Excellent verbal and written communication skills
• Time management skills and ability to prioritize
• Have problem analysis and problem-solving skills
• Be committed to continuous development and improvement
• Minimum of 2 years’ experience in a Settlement Balancing role within a card processing environment
• Intermediate skill level in Microsoft Excel and PowerBI
• Experience in accounting systems – experience in completing reconciliations and working with various accounting systems
• Accounting/Finance Degree and/or relevant experience
• Experience in high processing volume environments

Responsibilities

• Settle high volume financial transactions on a daily basis
• Ensure proper functioning of data transfers between various system interfaces such as Netsuite, associations, and settlement banks
• Reconcile daily directed funds movements with actual reported results and reconcile various clearing and settlement general ledger accounts at month end as well as provide standard or ad hoc requests for reports on clearing and settlement activity
• Utilize settlement systems/data and bank-provided systems to prepare and record general ledger journal entries
• Analyze and research variances while providing concise explanations for variances and/or fluctuations in a timely manner
• Partner closely with internal and external clients and service providers to resolve out of balance conditions, funds movement errors and transaction processing inquiries

Benefits

• Unlimited paid time off plus 3 day paid volunteer days per year
• 12 weeks Gender Neutral Paid Parental Leave
• Unlimited access to Udemy for Business, 10% of your time devoted to growing you and your career, and further support to help you grow
• Educational reimbursement
• Access to mental health support