Payment Processing Center Accountant I at DCM Services

Bloomington, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Payment Processing, Remittance, Problem Solving, Attention to Detail, Microsoft Office, FACS Collection Software, Navision Accounting, Bank Website Interactivity, Desktop Deposit, Credit and Collection, Analytical Skills, Project Management, Teamwork, Initiative, Communication

Industry

Financial Services

Description

Description Make your next move your best move! DCM Services provides specialized receivable solutions to our clients. Our culture is what sets us apart from other competitors in the industry. We also stress the importance of a healthy work-life balance. The well-being of our employees comes first. In this role, this individual will be a shared resource for the Payment Processing and Remittance functions. Based on current workloads, this individual will assist the Payment Processing function with posting debtor payments, depositing and transferring of funds, administering reports and the executing of assigned projects. In addition, this individual will also assist the Remittance (client billing) function by producing and sending statements, supporting documentation and funds based on client guidelines and standard operating procedure documentation. Adherence to risk-based controls is vital at all times to protect the individual as well as the Company. Requirements Primary Responsibilities include but are not limited to: Post payments, balance payment batches to control amounts and deposit checks Assist in the resolution of payments which are not deposited, including: postdated checks, closed accounts, questionable settlements and payments whose accounts cannot be located. Ensure the accuracy of bank deposits and initiate transfer of funds to client accounts. Compile data into daily collection reports; distribute reports to internal management and clients. Issue checks as requested through the payment processing function for deposit into individual client bank accounts or account refunds. Produce accurate schedule to determine client remittance needs daily. Produce and provide clients with accurate and timely remittance statements and supporting documentation. Verification of fund availability, remit funds to clients by check, wire transfer or ACH. Issue checks from client accounts for payment of commissions and deliver to AR Processor, if applicable. Import fee from remits to create daily accounts receivable entries in accounting software. Prepare and send all remittance documentation to scan technicians. Review and resolve problems with previously scanned remittance items Education/Skills/Experience: AA degree in Accounting and/or equivalent experience 2 years of accounting related experience Ability to work effectively both independently and as a team member. Manage multiple tasks and meet deadlines in a fast-paced environment. Excellent problem-solving skills with desire to understand the impact they have on the company. Strong work ethic demonstrating strict attention to detail, initiative and ability to work with minimal supervision. Suggest process improvements with continued attention to client and control guidelines. Proficiency with 10 key and Microsoft Office applications (Excel and Word). Experience with FACS Collection Software and Navision Accounting G/L system, preferred. Experience with bank website interactivity (reports, images, ACH, etc.) Prior experience with Desktop Deposit, preferred. Credit and collection experience, preferred. Ability to sit or remain sedentary for entire work shift. Ability to communicate effectively in both written and verbal form with a clear understanding of nuances and idioms. Problem solving, research, analytical and project management skills. #DCMHP1

Responsibilities

The individual will assist with posting debtor payments, depositing and transferring funds, and producing client remittance statements. They will also compile data into daily collection reports and ensure adherence to risk-based controls.