Staff Accountant

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LCS Financial Services Corporation

Staff Accountant

Centennial, CO
Full Time
Paid
  • Responsibilities

    At LCS Financial Services Corporation, we are revolutionizing recoveries. Our mission is to transform today's challenges into opportunities through innovation, leadership, and solutions that drive profitability for our clients. As a nationally licensed third-party collection agency, we go beyond expectations — setting new standards in the debt recovery industry. Our culture is built on Integrity, Adaptability, Innovation, Humility, and Deliberation — and we're looking for a leader who embodies those values.

    We are currently seeking a Staff Accountant to join us onsite at our Centennial, CO headquarters. This individual is responsible for accurate, timely posting and remittance of payments across client trust accounts, borrower accounts, and company accounts, as well as core general accounting duties that support month-end close, account reconciliations, audit readiness, and process improvements. The role partners closely with Client Services, Operations, and the broader Accounting Team to maintain strong internal controls and data integrity.

    Key Responsibilities:

    Cash Application, Posting, and Remittance

    • Monitor and process daily payment activity including wires, ACH, credit cards, and direct client payments; reconcile to bank activity and posting systems (e.g., BEAM, QLaw).
    • Retrieve and review daily reports from payment processors and bank portals (e.g., PaymentVision); resolve exceptions, chargebacks, and returns.
    • Receive, scan, and log physical checks; prepare deposits and complete remote deposit capture; maintain daily transaction logs and end-of-day reconciliations.
    • Post payments to borrower accounts with high accuracy and proper documentation; research and return payments on closed or ineligible accounts.
    • Prepare client remittance packages and invoices using client-specific templates; verify wire instructions; transmit remittances and supporting documentation to clients and resolve discrepancies promptly.
    • Maintain and update posting policies, SOPs, and internal controls to reflect client requirements and system changes.

    General Accounting and Month-End Close

    • Prepare and post recurring and adjusting journal entries (accruals, reclasses, revenue/cost allocations) in NetSuite; ensure proper account coding and approvals.
    • Perform balance sheet reconciliations for cash, clearing, AR, unapplied cash, client trust, and other assigned accounts; investigate and clear reconciling items within close timelines.
    • Assist with the month-end close by preparing assigned journal entries and reconciliations; provide supporting schedules and basic variance notes to Accounting leadership.
    • Support with fixed asset additions, disposals, and monthly depreciation; maintain supporting schedules.
    • Contribute to preparation of internal financial statements and management reports; ensure documentation is audit ready.

    Compliance, Controls, and Audit Support

    • Maintain accurate documentation for client trust and remittance activity; uphold segregation of duties and payment security protocols.
    • Provide requested audit support items, including reconciliations, samples, and documentation for external and internal audits.
    • Assist with tax-related support items such as vendor W-9 collection and 1099 reporting data integrity; coordinate with third parties as needed.
    • Handle payment data and PII in accordance with company policies; uphold segregation of duties and payment security protocols.

    Process Improvement and Cross-Functional Collaboration

    • Identify and document opportunities to standardize/streamline posting and close workflows, pilot changes under guidance from Accounting leadership.
    • Partner with Client Services and Operations to research client issues, resolve exceptions, and communicate status updates.
    • Contribute to SOPs and training materials; share process knowledge with peers as needed.

    Qualifications:

    • Bachelor's degree in Accounting, Finance, or Economics.
    • Minimum 2 years of experience in general accounting, AR/cash application, remittance, or posting; exposure to month-end close, journal entries, reconciliations, and financial reporting.
    • High accuracy, strong organization, and ability to prioritize daily workload and meet deadlines in a fast-paced environment.
    • Effective written and verbal communication; strong problem solving and follow-through.
    • Excel proficiency: pivot tables, lookups/XLOOKUP, filters, text/date functions; ability to build and maintain reconciliation templates.
    • Working knowledge of Windows-based systems and Microsoft Office.
    • ERP/GL experience required; NetSuite strongly preferred.
    • Experience with industry platforms such as BEAM, QLaw, or PaymentVision is a plus but not required; training provided.
    • Industry experience in mortgage, collections, bankruptcy, banking, or related financial services is a plus.

    Tools and Systems

    • ERP/Accounting/QB: NetSuite (strongly preferred); experience with any modern ERP required
    • Posting systems: BEAM, QLaw (nice to have)
    • Payment platforms: PaymentVision (nice to have)
    • Productivity: Microsoft Office (Excel emphasis)

    What We Offer

    • Competitive base salary
    • Full benefits after 30 days: medical, dental, vision, life, and disability
    • 401(k)
    • Generous PTO package (vacation, sick, personal time, and holidays)
    • A culture that values high standards, continuous learning, and growth

    What You Need to Know

    This job description is not intended to be all-inclusive. Duties and responsibilities may change to meet business needs. LCS Financial Services Corporation is an Equal Employment Opportunity employer. Employment is contingent upon successfully passing a comprehensive background and drug screening.

    This is a full-time, on-site role at our vibrant Centennial, CO location. Remote or hybrid work is not available for this position.