Financial Services Associate

1 week ago


Jackson Heights, New York, United States Grameen America Inc. Full time
Job Overview

Exciting Opportunity as a Financial Services Associate

(Full-Time Position)

Compensation: $23 per hour

Location: (Currently Remote - U.S. residents preferred)

About Grameen America Inc.

Grameen America Inc. is a pioneering social enterprise dedicated to empowering low-income women entrepreneurs through microloans, training, and support. With a robust network across the U.S., we have positively impacted the lives of over 178,000 women.

We are in search of a driven individual to enhance our Finance team.

Position Summary

As a Financial Services Associate, you will work closely with the Director of Shared Services to facilitate accounting and reconciliation functions. This position offers significant opportunities for professional growth and development.

Key Responsibilities

  • Conduct daily reconciliations within the shared services accounting group, handling a substantial volume of loan repayments using advanced Excel tools and automation.
  • Ensure the integrity of data in our loan management system by resolving any discrepancies in reconciliations.
  • Examine returned payments for chargeback validity and update records accordingly.
  • Acquire knowledge of BlackLine software for effective repayment reconciliations.
  • Provide training to branch and IT personnel on reconciliation processes and BlackLine software.
  • Validate daily loan disbursement activities, which can exceed $4M, against partner data.
  • Prepare necessary journal entries in the loan management system.
  • Assist team members with accounting tasks and loan testing as required.
  • Attend quarterly in-person staff meetings.

Required Qualifications

  • 1-3 years of experience in micro-lending or within financial institutions is preferred.
  • A collaborative team player with strong written and verbal communication skills.
  • Proficient in Excel; proficiency in Spanish is a plus.
  • Interest in utilizing technology to enhance workflow efficiency.

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Generous Paid Time Off for vacation, sick leave, and personal days
  • Paid Holidays
  • 401K retirement savings plan
  • Flexible Spending Account (FSA)
  • Opportunities for training and professional development
  • Potential for career advancement
  • And more

Travel Requirements

  • Attendance at quarterly staff meetings is mandatory, with travel and lodging costs covered by the employee.

Grameen America Inc. is an Equal Opportunity Employer (EEO) committed to promoting diversity and inclusion. We participate in E-Verify and do not offer visa sponsorship.



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