Remittance Coordinator

Radius Global Solutions LLC
Edina, MN Full Time
POSTED ON 6/4/2024 CLOSED ON 6/28/2024

What are the responsibilities and job description for the Remittance Coordinator position at Radius Global Solutions LLC?

Summary


Responsible to prepare the daily remittances to clients in a timely manner, monitor all bank activity-related collections, provide back-up as necessary for Accounting department and manager


Essential Functions


  • Prepare client remittances and reconcile to the remittance period
  • Prepare wires based on remittances to the client
  • Transfer fees on net clients to the operating account
  • Reconcile cash receipts to the postings and deposits
  • Enter remit payments and client fee invoices into the accounting system
  • Download NSF files
  • Perform transfers between trust accounts
  • Assist with daily payment posting
  • Assist with preparation of client audits
  • Keep up-to-date knowledge, understanding, and compliance with governmental laws and regulations, with functional area, and with Company policies and procedures
  • Maintain regular attendance and timeliness which are required due to the production-based nature of the business and client requirements
  • Provide proactive feedback to management concerning potential problems and recommendations for improvement. Recommend process improvements for efficiencies and best practices
  • Adhere to all Company, Client and Consumer confidentiality and security policies and procedures


Non-Essential Functions


  • Provide proactive feedback to management concerning potential problems and recommendations for improvement. Recommend process improvements for efficiencies and best practices
  • Perform other duties as assigned


Supervisory Responsibilities/Accountabilities


  • This position does not have Supervisory Responsibilities/Accountabilities


Requirements


  • 2 year degree in accounting or related field and/or training and experience equivalent to a 2-year degree
  • 1-2 years office and computer experience including functional Excel experience
  • 2 or more years of accounting office experience
  • Ability to communicate with internal and external customers in a professional and pleasant manner
  • General knowledge Microsoft Office word and spreadsheet programs (preferably Word and Excel)
  • Ability to use good judgment and have sound decision making skills
  • Must be able to prioritize and handle multiple tasks while maintaining organization and attention to detail


Working Conditions


  • Work is generally performed within an indoor office environment utilizing standard office equipment


Physical Requirements


While performing the duties of this job, the employee is regularly required to talk and hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Extensive use of keyboards and computers


Position Type/Expected Hours of Work


Some flexibility in hours is allowed, but the employee must be available during the department’s scheduled hours and guidelines. Full-time employees must maintain continuous full-time employment status. Because of the production-based nature of the job, employees must be able to adhere to their schedule and attendance policies.


The position description lists the primary functions and requirements of the role and is not all-inclusive. Other responsibilities may be assigned at any time with or without notice. The position description is subject to change to meet the needs of the business. Reasonable accommodations will be provided to disabled individuals when such accommodations would allow the disabled individual to perform the essential functions of the position without causing an undue hardship
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