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.