Overview
First Citizens Bank is currently seeking a Client Accounting Specialist to support the Commercial Services sector which is one of the nation's leading providers of factoring and financing to consumer product companies.
We tailor financial solutions that help companies of all sizes increase sales, improve cash flow, reduce operating expenses and eliminate customer credit losses.
Our products include Factoring, Asset Based Loans, Bulk Sale of Accounts Receivable, Receivable Exposure Management and Supply Chain Finance.
The Client Accounting Specialist is part of client-facing service team that is responsible for providing clients and internal customers with excellent service and transparency.
Responsibilities
Responsibilities
The Client Accounting Specialist's primary responsibility is to ensure the correct execution of the client contract and for processing & reconciling of various automatic/manual transactions appear on client statements and reports.
The essential functions of the job include, but are not necessarily limited to the following:
Review and process daily fund transfers for collected fund and maturity clients
Post journal entries to client accounts for interest, fees and make various adjustments during intra-month and at month-end in accordance with client contract
Perform set up and ongoing maintenance of client master files and banking instruction, as well as make changes related to contract amendments so to ensure correct interest, fees, charges, and collateral balances are reflected in client accounts
Maintain and reconcile A/R collateral balances for Non-notification and ABL clients; Post and prepare maturity payment on non-notification clients; Bill and collect commissions and fees from non-notification clients
Provides clients and internal customers with accurate and timely information on all aspects of factoring transactions between clients and Commercial Services
Assist with requests from CPA firms or banks for factor confirmation of client statements
Perform related duties and special projects as assigned
This is a hybrid position.
The base pay for this position is relative to your experience but the range is generally $24.
04 to $27.
00 per hour.
First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.
firstcitizens.
com/benefits.
Qualifications
High School Diploma or GED and 1 years of experience in Clerical or administrative
Additional Preferred Qualifications:
College degree preferred or minimum of 3 years working experience in related field preferred
Preference for candidates to have previous experience and working knowledge of factoring product and services
Intermediate PC skills, Windows environment, word processing, Excel, and email software
Excellent communication and customer service skills
Detail oriented and experience with performing journal reconciliations
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