Funding Specialist l

Insperity•Houston, TX

22h

About The Position

This position is responsible for ensuring that plans are developed, monitored, completed, and delivered to the HR Core clients and to the client’s satisfaction. The role maintains the integrity of corporate and client employee databases, while ensuring full compliance with all relevant regulations and standards.

Requirements

Bachelor’s Degree in Accounting, Finance, or Business or four years of related experience is required.
Three years of experience in Accounting, Tax, Banking, and/or Payroll is required.
Understanding of payroll processes and banking procedures including direct debit and wire transactions.
Working knowledge of banking regulations and compliance requirements.
Ability to research and resolve discrepancies and errors.
Capability to manage multiple tasks and meet deadlines.
Competence in collaborating with internal teams and providing timely support.
Strong verbal and written communication skills, with an ability to express complex workforce planning concepts in business terms.
Strong analytical skills, ability to define problems, collect data, establish facts, and draw valid conclusions.
Strong teamwork and interpersonal skills with the ability to maintain positive and effective work relations with those encountered in the course of employment.
Demonstrated confidence and ease when collaborating with business owners, managers, and supervisors.
Knowledge of accounting applications and clear understanding of NACHA rules.

Responsibilities

Researches and resolves outages, discrepancies, and accounting errors according to standard procedures.
Manages data integrity through review and audit direct debit data files, recommends system checks, and monitors bank accounts for chargebacks or insufficient funds.
Responds to deadline driven email inquiries, works with internal teams to resolve banking and payroll issues.
Processes debit/credit requests through HCM platform and assist finance with escrow account reconciliation.
Submits, and approves positive pay files, and handles stop payments for lost or stolen checks.
Oversees incoming wires, balances direct debit files, and manages deposit discrepancies.
Approves and processes manual debits, as needed, for the collection function.
Manages and maintains documentation files, electronically, related to financial defaults/NSF’s and facilitates information flow to all appropriate Company personnel.
Communicates trends to management as appropriate in timely and concise manner.
Generates ACH files to process payrolls to the financial institution.
Participates in annual audits by maintaining accurate record retention and preparing requested information.
Maintains awareness of banking regulations and compliance requirements.