Financial Operations Analyst
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Job Location:
Monthly Salary:
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
We have a fabulous new position to join the PowerPay team! This position is currently working a hybrid work schedule (2 days remote / 3 days in office).
PowerPay a fast-growing financial technology company is seeking a Financial Operations Analyst to assist our growing team. Were looking for a motivated individual who is willing to jump into the organization and start contributing. We are looking for individuals who have the desire to win a tenacious appetite to be number one and enjoy an independent and collaborative work environment.
PowerPay offers a great working environment (state of the art technology spacious up to date office full stocked kitchen and more!) and the opportunity to contribute to the growth of the organization and did we mention an awesome team of co-workers
We are looking for a Financial Operations Analyst who is a proactive problem-solver to take full ownership of our daily cash operations and loan lifecycle management. From hitting the button on high-stakes transfers to auditing interest accruals and building robust reconciliation models in Excel your work ensures our operations run without a hitch. If you have an eagle eye for detail love the logic of a clean spreadsheet and enjoy collaborating across departments to solve financial puzzles we want to meet you.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned as needed.
- Fund Movement & Treasury: Execute daily ACH wire and internal book transfers with high precision ensuring strict adherence to security protocols and deadlines.
- Loan Portfolio Management: Manage end-to-end loan maintenance including processing loan refunds disbursements interest accruals and final loan closures. Experience with NLS (Nortridge Loan Servicing & Management Software) preferred.
- Reconciliation Management: Maintain a rigorous process for daily reconciliations ensuring all transactions are fully accounted for and internal records align perfectly with bank statements.
- Discrepancy Resolution: Proactively investigate and resolve financial variances immediately to maintain data integrity and prevent operational or financial lag.
- Data Analysis & Reporting: Utilize Excel/Google Sheetsspecifically Pivot Tables VLOOKUPs and advanced formulasto track analyze and report on financial activities and loan maintenance.
- Cross-Functional Collaboration: Communicate effectively across departments providing clear updates on financial issues status reports and resolutions to key stakeholders.
Qualifications :
MINIMUM REQUIREMENTS (Knowledge Skills Abilities)
- Experience: 2 years of experience in financial operations treasury or banking with a focus on high-volume transactions.
- Education: Bachelors degree in Finance Accounting or a related business field.
- Technical Excellence: Advanced proficiency in Excel or Google Sheets (must be comfortable with Pivot Tables VLOOKUPS and complex formulas).
- Loan Operations Knowledge: Practical understanding of the loan lifecycle including disbursements interest calculations and closing procedures.
- The Eagle Eye: An obsessive attention to detail; you catch the missing decimal point or double-entry before it becomes an issue.
- Problem-Solving Skills: A proactive approach to investigating breaks in data and a desire to improve manual processes through automation.
- Communication: Ability to translate complex financial data into clear actionable updates for teammates across the company.
Additional Information :
Benefits of working with PowerPay
- Team-centric company culture
- Growth Opportunities
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
PowerPay is a financial technology company (fintech) in several vertical markets including home improvement, healthcare, recreational vehicles and more. PowerPay is building a national network of partners that offer our financing solutions to their respective clients/customers/patient ... View more
