Jobs · Business Development · Massachusetts

Analyst, Remittance

Financial Recovery Technologies · Medford, MA · 1 mo ago
On-siteBusiness Development$51k–$69k/yrFull-time

Description

Join a fast-growing company that is transforming its industry! Financial Recovery Technologies is a technology-based services firm that helps institutional investors identify, file claims, and collect funds made available in securities class action settlements. Our best-in-class people and technology have made FRT a market leader.

Responsibilities

  • Own and improve some of our core accounting and finance functions
  • Work with colleagues and clients to reconcile funds received and ensure they are accurately allocated and distributed on a timely basis to our 800+ clients
  • Maintain accurate client and account data for remittance, including wire/ACH instructions
  • Review and reconcile fee calculations to ensure proper revenue recognized for FRT
  • Ensure funds received from claims administrators are promptly and accurately distributed to clients
  • Partner with cross-functional teams to design and execute workflows responsible for remitting monies to clients
  • Reconcile funds received, allocate and ensure distribution to the appropriate clients, and produce related documentation
  • Review and ensure proper accounting of transactions, identifying and booking proper allocation for journal entries and bank transactions into the ERP
  • Absorb and assist in implementing process improvements
  • Identify areas for improvement in processes, suggest ideas for effecting change, and drive process improvements to completion
  • Develop and capitalize on strong cross-functional working relationships to increase integration of financial functions into the business
  • Build relationships across the company to ensure you’re seen as a go-to person on finance-related matters

Qualifications

  • Experience in finance or accounting
  • Strong analytical and problem-solving skills
  • Excellent attention to detail
  • Ability to work independently and as part of a team
  • Proficiency in Microsoft Office Suite

Benefits

  • Fun and diverse colleagues
  • Competitive salary and bonus
  • Health, dental, vision insurance
  • 401(k) with company match
  • Income protection plans (life, disability)
  • Access to a suite of voluntary benefit programs

Pay

Base salary is experience dependent and can range from $51,000-$69,000

Schedule

This position is based in our Medford, MA headquarters. Local candidates only, please.

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