Payment Processor

Firstsource•Buffalo, NY

About The Position

The Payment Processor performs payment processing duties within the Finance Department. The role posts payments, balances daily activity, prepares deposits, generates client remittances, reconciles revenue and appeal items, and manages accounts receivable from clients. The processor also reconciles bank statements, balances statements, and completes month-end closing on time. The position may train new administrative staff as company needs require and perform other assigned duties. The position is full-time, with typical hours of 8:00 a.m.–5:00 p.m. or 7:30 a.m.–4:30 p.m.; hours may vary. During month-end, start times may be 6:00–6:30 a.m. and end times may be 6:00–6:30 p.m. The starting hourly rate is $22.

Requirements

  • Experience in payment processing and/or accounting.
  • Experience invoicing clients or vendors.
  • Knowledge of Microsoft Office.
  • Ability to perform basic math.
  • Ability to work independently and in a team environment.
  • Ability to manage multiple tasks simultaneously.
  • Detail-oriented and organized.
  • Ability to work in a fast-paced environment.

Nice To Haves

  • Associate’s degree in Accounting or equivalent work experience.
  • Knowledge of QuickBooks accounting software.
  • Knowledge of CUBS (Collection Software System).
  • Knowledge of General Ledger.

Responsibilities

  • Post all types of payments, including automatic postings, mail payments, and DPs.
  • Balance daily posting and prepare daily deposits.
  • Generate client remittances from the CUBS base according to client schedules.
  • Reconcile revenue and appeal items with clients.
  • Reconcile bank statements and resolve incorrect items with the bank.
  • Manage accounts receivable from clients.
  • Balance all statements and complete month-end closing on time.
  • Train new administrative staff as company needs require.
  • Perform other duties as assigned or needed.
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