Demo

Financial Transaction Payment Processor

KraftCPAs PLLC
KraftCPAs PLLC Salary
Knoxville, TN Full Time
POSTED ON 1/19/2025
AVAILABLE BEFORE 4/15/2025

Job Description

Job Description

KraftCPAs is working to fill this position for a client. Please see the job description below. This company is located in Knoxville, TN.

Job Title : Financial Transaction Payment Processor / Reconciliation Specialist

Location : Knoxville, Tennessee

Job Summary : We are seeking a detail-oriented and experienced Financial Transaction Payment Processor / Reconciliation Specialist to join our finance team. This role is responsible for processing payments / refunds, investigating, researching, and reconciling transactions to ensure accuracy and compliance with company and regulatory standards. The ideal candidate has a strong analytical mindset, excellent problem-solving skills, and a background in finance, accounting, or a related field.

Key Job Responsibilities :

  • Transaction Management :

Process payments, refunds, and adjustments across various payment platforms (credit cards, ACH, wire transfers).

  • Monitor daily transactions for accuracy and completeness.
  • Ensure compliance with industry standards and company policies during processing.
  • Reconciliation and Reporting :
  • o Perform in-depth research on payment processing transactions to identify and resolve discrepancies between our loan servicing system and third party ledger

    o Reconcile loan payments, refunds, balance adjustments, etc. ensuring data accuracy and completeness.

    o Investigate transaction discrepancies, initiate corrective actions, and ensure timely resolution within required company standards

    o Develop and maintain documentation of reconciling processes and ensure compliance with company policies and industry standards

    o Collaborate with internal and external teams, including finance, loan servicing, and customer service departments, to resolve reconciliation issues

    o Collaborate with other departments to resolve customer issues effectively and timely

    Qualifications :

  • Education : Bachelor’s degree in Finance, Accounting, or related field preferred.
  • Experience : Minimum of 2 years of experience in financial reconciliation, payment processing, finance, transaction research, or a similar role.
  • Skills :
  • Proficiency in payment processing systems, financial software, Microsoft Office Suite (especially Excel), etc.

  • Strong analytical skills and attention to detail
  • Ability to communicate effectively with both technical and non-technical team members.
  • Experience with auditing or compliance is a plus.
  • Familiarity with automated reconciliation tools or software.
  • Ability to supervise a team of 10-12 processors
  • Experience in setting performance goals for team and monitoring team performance to maximize productivity of team members towards maintaining standards
  • KraftCPAs is an equal opportunity / affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, or protected veteran status.

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Financial Transaction Payment Processor?

    Sign up to receive alerts about other jobs on the Financial Transaction Payment Processor career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $71,867 - $96,999
    Income Estimation: 
    $87,003 - $119,058
    Income Estimation: 
    $75,004 - $94,003
    Income Estimation: 
    $95,426 - $117,847
    Income Estimation: 
    $95,426 - $117,847
    Income Estimation: 
    $115,392 - $147,123
    Income Estimation: 
    $115,392 - $147,123
    Income Estimation: 
    $153,719 - $192,342
    Income Estimation: 
    $63,474 - $77,545
    Income Estimation: 
    $75,004 - $94,003
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at KraftCPAs PLLC

    KraftCPAs PLLC
    Hired Organization Address Nashville, TN Full Time
    Job Description Job Description Audit Staff In a city known for music, we’ve proudly marched to our own beat since 1958....
    KraftCPAs PLLC
    Hired Organization Address Nashville, TN Full Time
    Location: Nashville, Tennessee Department: Audit Posted: 01/07/2025 Location Name: Nashville, TN Wage: Depends on Experi...
    KraftCPAs PLLC
    Hired Organization Address Nashville, TN Full Time
    Audit and Assurance Senior - Hybrid Opportunity In a city known for music, we've proudly marched to our own beat since 1...
    KraftCPAs PLLC
    Hired Organization Address Nashville, TN Full Time
    Experienced Staff Tax Accountant - Hybrid Opportunity In a city known for music, we've proudly marched to our own beat s...

    Not the job you're looking for? Here are some other Financial Transaction Payment Processor jobs in the Knoxville, TN area that may be a better fit.

    MPC Payment Processor

    Vanderbilt Mortgage And Finance, Maryville, TN

    Financial Planner

    Larson Financial Group, LLC, Knoxville, TN

    AI Assistant is available now!

    Feel free to start your new journey!