Finance Operations Specialist
6 hours ago
We are seeking a skilled Finance Operations Specialist to join our team. As a key member of our finance department, you will be responsible for managing daily claims payables by matching payment requests with supporting documents and reviewing loss dates to confirm payment status.
You will liaise with internal teams to gather information and resolve discrepancies in invoices and payments, ensuring timely claim payments to avoid litigation fees and maintain cash flow efficiency.
Your responsibilities will include processing banking details and setting up claimant information in GP and on the bank platform, ensuring all data and documentation are accurate.
You will also validate banking details with internal departments, checking for accuracy in codes, math, and documentation.
Additionally, you will reconcile monthly bank statements, aged payables, and accrued liabilities related to claims.
You will prepare GL entries for monthly financial reporting and support audits, period-end close, and year-end reporting.
You will review documentation to ensure payments are accurate, compliant, and fraud-free.
Apart from that, you will assist in budgeting by providing insights based on claimant payments and support year-end financial reporting and other tasks as needed.
About YouTo succeed in this role, you will need 2+ years of experience within finance/accounting, specifically handling GL entries and processing payments, reconciliations, and supporting with period-end closes/audits.
Candidates with a CPA in-progress will have an added advantage.
You should possess strong communication skills and high attention to detail.
MS Great Plains is a nice-to-have, but not essential.
Experience with fraud prevention/mitigation and advanced Excel skills (Pivot tables, vlookups) are highly desirable.
Compensation and BenefitsThe salary for this role is estimated at $60,000/year, with potential for discretionary bonuses.
Vaco is committed to providing a diverse and inclusive work environment, and we strongly encourage women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
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