Client Accounting Specialist (Hybrid)

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.

 

This is a hybrid position that will require the individual to come into the office 3 days a week. Parking is provided.

Responsibilities:

The Client Accounting Specialist’s primary responsibilities include:

  • Analyze, calculate, and process daily fund transfers using Excel spreadsheets and internal proprietary systems
  • Prepare and post journal entries to client accounts for interest, fees and make various adjustments in accordance with client contracts
  • Perform set up and ongoing maintenance of client master files and contract amendments to ensure correct interest, fees, charges, and collateral balances are reflected in client accounts
  • Reconcile and maintain A/R collateral balances
  • Prepare billing statements
  • Provide exceptional service to external clients and internal partners
  • Provide 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

The base pay for this position is relative to your experience but the range is generally $22.80 to $34.96 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 2 years of experience in Financial Services or Operations Support 

Additional Preferred Qualifications:

  • College degree preferred or minimum of 3 years working experience in related field preferred
  • Intermediate PC skills, specifically Excel, Word and Outlook
  • Demonstrated ability to create Excel spreadsheets from scratch inclusive of formulas
  • Detail oriented with experience performing financial account reconciliations
  • General accounting knowledge
  • Experience with posting journal entries
  • Previous experience and working knowledge of factoring product and services preferred
  • Excellent communication and customer service skills

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