What are the responsibilities and job description for the Finance Operations Specialist position at ClassWallet?
ClassWallet, a financial technology company serving agencies responsible for managing public funds, is hiring a Finance Operations Specialist to join our growing team.
Agencies use ClassWallet to get public funds to the right people, and ensure the funds are used for the right purpose. ClassWallet's suite of products and services empowers agency administrators to dramatically increase efficiency of funds distribution and spend compliance, reduce programmatic costs, maximize the full potential impact of the program, and satisfy the needs and expectations of policymakers, constituents and public reporting. ClassWallet has processed over $3.5 Billion to date and serves public agencies across 33 states.
The Company has developed an industry-defining digital wallet solution which has gained rapid traction among state and local agencies and school districts across America. ClassWallet ranks as the 61st fastest growing software company on the prestigious Inc. 5000 list of fastest-growing private companies and the 21st fastest growing financial technology company on the Deloitte Technology Fast 500 in 2023.
While the Company delivers immense business value, the social impact of ClassWallet is a fabric that runs through its mission and corporate culture. As a result of ClassWallet's innovation, public programs run with exponentially more efficiency and the impact and breadth of the programs for the individuals they serve is dramatically higher. This mission compliments the Company mission-based culture with focus on gratitude and work-life balance.
Job Responsibilities :
- Reconcile high-volume client and sub-client accounts daily, ensuring accuracy and completeness.
- Investigate and resolve discrepancies between various data sources, including internal systems, bank statements, and client records.
- Analyze large and complex datasets to identify trends, patterns, and potential issues.
- Develop and maintain efficient reconciliation processes and procedures.
- Collaborate with internal and external stakeholders to resolve reconciliation issues and improve data accuracy.
- Prepare and maintain comprehensive reconciliation reports and documentation.
- Assist with month-end and year-end closing activities.
- Stay informed about industry best practices and regulatory requirements related to account reconciliation.
- Contribute to the continuous improvement of finance operations processes.
Requirements
Benefits
ClassWallet is a positive, family-oriented team environment. Our focus is on encouragement, positive reinforcement, and gratitude. We work hard and are highly motivated to win but with a healthy perspective on life.
We offer an excellent salary and benefits commensurate with experience.
ClassWallet.com is proud to be an Equal Opportunity Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, marital or veteran status.
