Payment Processor
2 weeks ago
Title - Payment processor
Location - Hagerstown, MD
Duration - 6 Months contract
Client Notes:
Financial Analyst to group that works with the Girl Scouts reconciling digital payments on Girl Scout Cookie Sales
Be able to work with Excel Spreadsheets, Track orders, review electronic discrepancies (Venmo, Paypal, Visa) etc. Report back to Account Manager at Girl Scouts
Recent college grad, bank teller, entry level is fine.
Job description:
Conducting daily manual reconciliation between cookie orders, PayPal Settlement Reports, Bancorp FBO, and ACH Amounts.
• Reviewing confirmations and acknowledgments to ensure that the clearing bank received and successfully processed funding files.
• Receiving data from PayPal/Braintree and Venmo, as well as GSUSA API from FDGS Database, and transforming it into summary-level reconciliation reporting.
• Reviewing Submissions (Sales), Funding, IC, and all appropriate balancing points prior to converting cash transfer data into Cash In / Cash Out format.
• Reviewing and reconciling Cash In / Cash Out to ensure all incoming and outgoing cash items are balanced from a reporting perspective.
• Reconciling pending funding inventory to release for Friday funding.
• Reconciling daily Chargeback and ACH Reject Activity and completing a monthly True Up to the *** Government Operating Account to align with GSUSA.
• Confirming and reconciling all timely and accurate incoming and outgoing cash postings.
• Reconciling all available funds in the FBO by fiduciary/operating category.
• Positioning funds in the account in real-time to ensure sufficient liquidity.
• Performing trending and analysis on the account activity to ensure appropriateness.
• Calculating and upstreaming revenue to Corporate Treasury on a standardized basis.
• Monitoring, troubleshooting, and optimizing to ensure proper reconciliations.
• Collaborating with internal and external stakeholders to ensure adherence to regulatory and compliance requirements.
