Perform bank activities, including but not limited to ACH and Pos Pay exceptions, fraud prevention, reconciliations, voids/stop payments, unclaimed property, and research
Review daily bank balance for cash positions to ensure adequate funding for payments
Reconcile daily bank transactions in the system; investigate all discrepancies to ensure accurate reporting in the general ledger
Perform daily clearing entries and analyze all general ledger cash clearing accounts to ensure that transactions are posted and cleared in a timely manner
Analyze positive pay reporting for any discrepancies with the bank
Identify at-risk processes and recommend procedure changes to eliminate the potential for fraud
Coordinate the delivery of ACH returns and NSF payments to the appropriate department to process
Collaborate on month-end closing tasks, including but not limited to reconciliations and general ledger adjustments
Identify stale checks and create files to upload to the bank and in the system
Provide bank documents as needed to internal and external auditors
Provide accurate and complete information to business partners and assist them in understanding the cash management process
Assist other departments (e.g., audit, accounting) with information requests as needed
Problem-solve issues impacting cash accounts and collaborate with senior staff, and if necessary, other departments
Process levy payments; includes reviewing Levy notices for varying instructions on payments, verifying provider accounts, and requesting checks through A/P
Create and update procedure documentation as necessary
Act as a point of contact for the managed group inbox, including organizing and distributing inquiries, researching, and resolving a variety of complex issues from internal and external parties
Investigate and resolve system and/or process issues associated with cash reporting
Proactively identify issues, assess circumstances, and drive towards solutions that contribute to efficiency and optimization of cost-savings
Partner on higher-level tasks such as reconciliation and analysis of Treasury-related accounts and other complex ad hoc duties as needed
Job Specifications
Typically has the following skills or abilities:
4+ years of experience in treasury operations, banking, or corporate finance
Knowledge of banking processes
Experience with SAP (preferably S4Hana)
Ability to perform detailed work with numerical data, analyze data, oversee assigned tasks and projects, make informed decisions, and meet tight deadlines
Strong problem-solving skills, basic accounting principles knowledge, documentation skills, research and resolution skills, data analysis, and multi-tasking skills
Ability to maintain confidentiality and adhere to security protocols, company policies and procedures, and internal control standards
Effective communicator, verbally and in writing
Clean credit history as reported by credit report
Ability to regularly exercise discretion and independent judgment in the performance of his/her job duties
#LI-VISIONCARE
Compensation range for the role is listed below. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. As a part of the compensation package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please click here.
Salary Ranges: $17.85 - $28.88VSP Vision is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, disability or protected veteran status. We maintain a drug-free workplace and perform pre-employment substance abuse testing.
Unincorporated LA County Residents: Qualified Applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.
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