Accountant I

FUNCTION:  The Accountant I performs and assumes ownership of related accounting and financial analysis duties and critical processes, ensuring that work is performed in a timely, accurate, and efficient manner according to company standards and contractual agreements.  This position is responsible for maintaining high levels of quality and productivity.

PRINCIPAL RESPONSIBILITIES AND DUTIES:


* Monitors and performs duties to enable proper flow of customer related funds by:
+ Preparing, reviewing and validating daily reconciliations.
+ Performing analysis and research to resolve funding and payment exceptions.
+ Continuously reviewing existing processes and recommends changes to improve efficiency and accuracy.


* Oversees monthly service fee processing for assigned division by:
+ Preparing monthly accrual worksheets using Tandem reports and manually prepared revenue items.
+ Preparing comparison reports to prior year/month to assess reasonableness of accrual.
+ Supporting the preparation of the monthly revenue accruals, reversals and final revenue entries.
+ Generating and delivering service fee invoices
+ Updating aging system with service fee invoices and generating bi-weekly/monthly aging reports for submission to management and client relations.
+ Applying service fee payments accurately and timely.


* Assists division management decision making by:
+ Explaining revenue and cost variances analysis as requested.
+ Ensuring proper coding of revenue and expense items.
+ Preparing ad hoc analyses as requested.


* Develops and maintains productive relationships with co-workers and resources both internal and external to department.


* Communicates and collaborates with resources to achieve optimal support of operating divisions, resolve issues, and recognizing achievements through frequent and regular feedback.


* Ensures procedures are developed and maintained for all assigned departmental tasks.


* Keeps the manager informed of any significant variances to standard departmental procedures and practices, including delays in resolving problems.


* Assumes additional responsibilities as assigned including, but not limited to, supporting the design and testing of application and process changes.


* Other duties as assigned.

SKILLS AND ABILITIES REQUIRED:


* Demonstrates strong interpersonal skills and a desire to work in a team environment.


* Exhibits logical problem-solving skills and ability to work independently.


* Effective communication skills including excellent listening skills and the ability to communicate professionally with all levels of staff, both verbally and in writing.


* Strong organizational skills to balance multiple tasks and priorities effectively.


* Administrative and analytical abilities to complete daily, weekly, and monthly accounting dutie...