Posted: Sunday, September 24, 2017 12:31 PM
Job DescriptionJoin Us! Fiserv has been named to FORTUNE magazines list of Worlds Most Admired Companies. This is the fourth consecutive year the company has been named to the list, which is a definitive benchmark of corporate reputation."Our people are the foundation upon which this recognition is based and I'm very proud of their commitment to client excellence. Their dedication to serving our clients each day is what makes Fiserv one of the most admired companies in the world." - Jeffery Yabuki, President and Chief Executive Officer. Position Description:We have an exciting opportunity for an Accounting Reconciliation Analyst. This position will be instrumental in reaching our Lending Solutions Contact and Service Center #1 Goal of Quality. The successful candidate will assist the Cash Management Group in redesigning processes, improving efficiencies and optimizing results. We are looking for a key contributor with the strong analytical skills, ability to drive change, improve processes and realize efficiencies. To be successful in this role, the candidate needs to be able to grasp the business operations and vital processes across the Cash Management Department, possess strong technical accounting/finance knowledge, excel in a fast paced ever evolving environment and drive positive momentum across multiple projects. Opportunities for advancement for the right candidate! Essential Job Responsibilities: Proactively Identify Gaps in Current Daily processes to ensure that 100% of daily incoming cash, accounts payable, bank, and disbursement transactions are balanced correctly to the proper sub-ledger system.Take ownership of the entire cash disbursement function by ensuring that the proper controls are in place. This will require a strong accounting knowledge to provide the guidance for the segregation of duties as well as the reconciliation of the daily disbursements to the supporting sub-ledger systems. Success will be measured by the ability to demonstrate that that all controls are in place and transactions are balanced in a meaningful way with in the first year of the project.Transform the current cash receipts function by consolidating the current antiquated processes into one area and automating and integrating them with various systems and bank accounts. This will result in 100% accuracy of funds processed as well as standardized reporting that will balance back to each deposit and totals of amounts due client.Redesign the Current Bank Reconciliation process so that all account reconciliations are standardized and follow Generally Accepted Accounting Principles (GAAP). The new processes will have all Fiserv Managed Bank Accounts on boarded to the Great Plains Software, all cash tracked to amounts due to/From clients as well as the monthly preparation of the Reconciliation to Fiserv Accounting for Review.Partner with IT and Operations Departments Identify Areas of Improvement with regard to the integration of various systems focusing on the ability to import data that is currently maually input into various systems. These improvements should generate a 10% year over year expense savings for our clients or Fiserv.Effectively Train Cash Management Staff in AP, Cash Applications, and Reconciling FunctionsAbility to ensure that functional area tasks are 100% documented and have a procedure that is comprehensive, correct, up to date, complete, validated, formatted correctly, uploaded and published to the correct folder within QMSThe above statements are intended only to describe the general nature of the job, and should not be construed as an all-inclusive list of position responsibilities. Required Qualifications:Bachelors degree in finance or accounting or 5+ years of experience in process related analytical accounting reconciliationCompany DescriptionFiserv is a global leader in financial services technology solutions. We're helping more than 12,000 clients worldwide create and deliver experiences for a digital world that's always on. Solutions that enable today's consumer to move and manage money with ease, speed and convenience. At the point of thought.
• Location: Buffalo
• Post ID: 31482322 buffalo