Staff Accountant

Description

   At Fortis, we lead the way in next generation payment technologies and solutions. We transform payments into a competitive advantage for our clients and partners, enabling businesses to reach uncharted growth and scale. As the solution of choice for the future of payments, Fortis moves payments closer to invisible with a proprietary platform that supports and strengthens the payments capabilities of merchants and software partners. We are a collaborative team of innovators, problem solvers, and builders, committed to the growth of our clients, partners, and team members. Through award winning software integrations, robust data, and industry vertical and commerce expertise, we deliver the ultimate frictionless commerce experiences. We are in hyper growth mode and seeking talented, innovative, and collaborative problem solvers to help us build and scale the future of payments. Grow your career with us and be on the cutting edge of the rapidly expanding FinTech payments space. 

OVERVIEW:

The Staff Accountant’s primary responsibility will be the settlement reconciliation and posting processes for Payfac and ACH programs. In addition, they will be responsible for daily, monthly, quarterly and annual accounting activities including journal entries, reconciliation of accounts, and generation of monthly financial statements.

ESSENTIAL DUTIES:

· Maintain accounting operating procedures for the Payfac and ACH programs.

· Identify and report any processor or settlement discrepancies immediately with the appropriate departments and trace through to resolution.

· Work with Risk department to track and post returned items and chargebacks in system.

· Perform daily, monthly, quarterly, and annual accounting activities including journal entries, reconciliation of accounts, and generation of monthly financial statements.

· Responsible for processing all general ledger entries and bank account reconciliations.

· Process invoices and ensure timeliness of Accounts Payable remittance.

· Maintain documentation for accounts payable and purchasing requests.

· Generate invoices and manage the Accounts Receivable function.

· Review and post daily bank entries to accounting system.

· Process daily ACH, merchant and partner entries through bank portal and post related general ledger entries.

· Prepare and process general journal entries as required on a daily and monthly basis.

· Perform Balance sheet and Income Statement account analysis for multiple entities.

· Review financial statements and identify account variances to review with Director of Accounting and Treasury.

· Ensure compliance with GAAP.

· Assist with year-end close and audit fieldwork as required.

· Develop and implement accounting procedures by analyzing current procedures and recommending changes to gain departmental efficiencies.

· Provide cost savings recommendations based on analytical review of financial results.

· Support finance management in monitoring actual results to budget forecast.

Requirements

REQUIRED SKILLS/ABILITIES:

· PC literacy with strong competency in all Microsoft Office Suite programs, especially Excel.

· Possess problem solving skills 

· Possess the ability to be accurate with data entry

· Excellent verbal and written communication skills

· Excellent interpersonal and customer service skills

· Excellent organizational skills and attention to detail

· Excellent time management skills with a proven ability to meet deadlines

· Ability to focus 

· Ability to multi-task and project manage

· Ability to function well in a high-paced and at times stressful environment

· Ability to use independent judgment in resolving various issues

· Ability to collaborate with team members and other departments

EDUCATION AND EXPERIENCE:

· Education: Bachelor’s degree in accounting or equivalent education and experience

· Experience: Minimum of three years of experience in accounting, payment industry experience preferred 

· Knowledge: Strong knowledge in US GAAP, NetSuite experience is a plus

PHYSICAL REQUIREMENTS:

· Working Conditions: This is a hybrid position. Office environment.

· Physical Activities: Occasional standing, stooping, reaching and lifting up to 25 pounds.

· Physical Demands: Prolonged periods of sitting at a desk, typing on a computer keyboard, and speaking on the telephone. Frequent repetitive motions.

Note: This job description is not an employment agreement or contract. This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.