Operations Specialist

Merchants Bank Winona has an opening for an Operations Specialist. Primary responsibilities will be to assist our Merchants Bank Equipment Finance Company with accounting lease and audit operations. This position will include a mix of daily responsibilities including posting cash receipts monthly invoicing preparing pay-off calculations and closing out paid contracts managing ACH activity preparing and monthly audit reports. Will also include working with UCC filing and insurance maintenance. This position will interact with customers and lease associate or bachelors degree in accounting or business administration with a strong background in finance/accounting/operations or equivalent work experience. Previous work experience in the leasing and finance industry is a plus. Must be able to multi-task be organized and have excellent communication skills. Must be proficient in Microsoft Office Suite programsMerchants Bank offers competitive wages and benefits for our full-time employees including health dental life disability and vision insurance; flexible spending accounts 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance on Apply Now or apply in personat Merchants Bank Winona (102 E 3rdStreet). Questions can be emailed to Bank is an Equal Opportunity Employer of women minorities protected veterans and individuals with Summary:Primary responsibilities are to assist with Operational Processes including accounting portfolio operations client services and audit processing for Merchants Bank Equipment Finance. Activities include posting cash receipts closing out paid contracts UCC and insurance maintenance managing ACH activity payment billings preparing pay-off calculations monthly audit reports while assisting the Lead Finance Specialist Senior Operations Analyst and Vice President of Operations with accounting functions and portfolio administration Duties:Accounting: This position will include a mix of daily responsibilities along with providing assistance and backup to the Lead Finance Specialist in all accounting functions. Responsibilities will include daily cash postings monthly invoicing preparing pay-off calculations managing ACH activity maintaining contract files GL account balancing and monthly administration: This position will assist the Vice President of Operations as needed in traditional lease administration functions. These activities will include securing updated insurance certificates renewing and terminating UCC filings within appropriate timeframes and closing out all terminated or expired finance Relationships: While not directly responsible for the origination of new business this position is expected to regularly represent the organization in communication and interaction with customers lease syndication partners and serve as a backup team member on the customer service Processing: This position will conduct an audit/check back on a monthly basis of all newly booked contracts along with associated reporting. Additionally will assist with ongoing Audit Review of business processing as Duties:Perform any other duties as requested by management to assist other departments as and dependable attendance is an essential function for this will be expected to contribute to a positive working environment through words and will be expected to greet internal and external customers in a friendly and outgoing may be asked to perform other duties as required by business will be expected to complete compliance and product knowledge assignments in a timely Duties as Assigned: The operations of Merchants Bank Equipment Finance are managed by a small group of professionals. As a result this position will be required to assist the organization in matters not specifically outlined in this job description on an as needed Conditions:This position involves a comfortable inside working environment with very low noise. The office environment does not involve any chemical hazards in office and in general the working environment is very clean and aesthetically Demands:Work is performed primarily sitting at a desk; very minimal degree of lifting should not exceed 15 lbs. Requires average finger dexterity to operate normal office equipment; such as computer adding machine etc. Requires good eye/finger and Skills: An associate or bachelor degree in accounting or business administration with a strong background in finance/accounting/operations or equivalent work experience.A minimum of two years of experience carrying out comparable functions is preferred and previous work experience in the leasing and finance industry is a ability to work in a fast-paced environment and manage many tasks or projects concurrently is required. Excellent organizational skills are a oral and written communication and interpersonal be proficient in Microsoft Office Suite programsRelationships:Responsible to the President of MBEF for the proper interpretation of duties. Will have extensive contact with MBEF staff members bank personnel and customers of MBEF. Reporting structure will include a secondary line to both the Lead Finance Specialist and Senior Operations Analyst based on location of the position and job duties.