Revenue Share Specialist
3 weeks ago
The Bancorp Bank, N.A. is seeking a skilled professional to fill the role of Revenue Share Specialist in our Finance and Payment Solutions Group.
Estimated Salary: $65,000 - $85,000 per year.
About the Position:The successful candidate will be responsible for providing financial support for various Finance and Payment Solutions Group functions.
This includes posting entries from various Demand Deposit Accounts (DDAs) to the general ledger, preparing summaries and reports, and performing research into discrepancies.
Main Responsibilities:- Post entries from various DDAs to the general ledger using reports from IDD, processor websites, and association websites.
- Prepare summaries and reports, perform research into discrepancies, identify errors and issues, and fix or elevate problems to management as needed.
- Prepare monthly revenue share statements for clients in accordance with applicable department guidelines, code external vendor invoices, interpret contracts, and ensure a complete understanding of the funding flow of a client's program.
- Develop close working relationships with co-workers, processors, and clients to receive necessary reports. Follow up on reports and check for accuracy.
- Use a variety of systems including NetSuite, FIS Insight, IDD, and BIC to process the monthly revenue share statements in accordance with GAAP.
- Prepare accruals for Finance and Payment Solutions Group in accordance with department guidelines. Analyze and review reports from various sources to post revenue and expense accruals. Investigate and reconcile variances.
- Assist with annual financial audit by providing documented support.
- Maintain accurate documentation of business processes.
- Perform other duties as assigned.
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