Financial Operations Analyst

PowerPay

Financial Operations Analyst

Wayne, PA
Full Time
Paid
  • Responsibilities

    Job Description

    We have a fabulous new position to join the PowerPay team! This position is currently working a hybrid work schedule (2 days remote / 3 days in office).

    ** PowerPay** , a fast-growing financial technology company, is seeking a Financial Operations Analyst to assist our growing team. We’re looking for a motivated individual who is willing to jump into the organization and start contributing. We are looking for individuals who have the desire to win, a tenacious appetite to be number one, and enjoy an independent and collaborative work environment.

    ** PowerPay** offers a great working environment (state of the art technology, spacious up to date office, full stocked kitchen, and more!) and the opportunity to contribute to the growth of the organization ** ****** and did we mention an awesome team of co-workers?

    We are looking for a Financial Operations Analyst who is a proactive problem-solver to take full ownership of our daily cash operations and loan lifecycle management. From hitting the button on high-stakes transfers to auditing interest accruals and building robust reconciliation models in Excel, your work ensures our operations run without a hitch. If you have an "eagle eye" for detail, love the logic of a clean spreadsheet, and enjoy collaborating across departments to solve financial puzzles, we want to meet you.

    ** ESSENTIAL DUTIES AND RESPONSIBILITIES** include the following. Other duties may be assigned as needed.

    • ** Fund Movement & Treasury:** Execute daily ACH, wire, and internal book transfers with high precision, ensuring strict adherence to security protocols and deadlines.
    • ** Loan Portfolio Management:** Manage end-to-end loan maintenance, including processing loan refunds, disbursements, interest accruals, and final loan closures. Experience with NLS (Nortridge Loan Servicing & Management Software) preferred.
    • ** Reconciliation Management:** Maintain a rigorous process for daily reconciliations, ensuring all transactions are fully accounted for and internal records align perfectly with bank statements.
    • ** Discrepancy Resolution:** Proactively investigate and resolve financial variances immediately to maintain data integrity and prevent operational or financial lag.
    • ** Data Analysis & Reporting:** Utilize Excel/Google Sheets—specifically Pivot Tables, VLOOKUPs, and advanced formulas—to track, analyze, and report on financial activities and loan maintenance.
    • ** Cross-Functional Collaboration:** Communicate effectively across departments, providing clear updates on financial issues, status reports, and resolutions to key stakeholders.
  • Qualifications

    Qualifications

    ** MINIMUM REQUIREMENTS (Knowledge, Skills, Abilities)**

    • ** ** ** Experience:** 2+ years of experience in financial operations, treasury, or banking, with a focus on high-volume transactions.****
    • ** Education:** Bachelor’s degree in Finance, Accounting, or a related business field.
    • ** Technical Excellence:** Advanced proficiency in Excel or Google Sheets (must be comfortable with Pivot Tables, VLOOKUPS, and complex formulas).
    • ** Loan Operations Knowledge:** Practical understanding of the loan lifecycle, including disbursements, interest calculations, and closing procedures.
    • ** The "Eagle Eye":** An obsessive attention to detail; you catch the missing decimal point or double-entry before it becomes an issue.
    • ** Problem-Solving Skills:** A proactive approach to investigating "breaks" in data and a desire to improve manual processes through automation.
    • ** Communication:** Ability to translate complex financial data into clear, actionable updates for teammates across the company.

    Additional Information

    Benefits of working with PowerPay

    • Team-centric company culture
    • Growth Opportunities

    All your information will be kept confidential according to EEO guidelines.