Payroll Reconciliations Accountant: Accounting SR Analyst

Job Description

Payroll Accounting and Bank Reconciliation Specialist

Project expected to last 4 months with potential for extension

Remote

Pay Rate: $30-35/hr

Must Have

2 years Payroll Reconciliations experience

Excel - lookups and pivot tables

Clear and grammatically correct verbal and written communication skills

Position Overview: This professional role is responsible for providing expertise in payroll accounting, bank account reconciliation, and funding analysis. The individual in this position will interact with both internal and external stakeholders, providing timely assistance and resolving inquiries efficiently. Additionally, this role may involve leading projects to address high-risk escalations, considering potential financial and legal impacts for Strada and its clients.

Key Responsibilities

• Prepare and manage multiple bank account reconciliations related to net pay, garnishments, and tax, conducting analysis and follow-up on any outstanding items.
• Offer daily support to functional teams, ensuring the timely and accurate delivery of accounting documents and files.
• Conduct financial audits, analyze data, reconcile and balance payroll results, and oversee payroll postings for both on and off-cycle payroll and adjustment runs.
• Investigate and resolve variances, perform root cause analysis as needed, and recommend appropriate client intervention procedures.
• Assess accounting compliance issues and determine the financial impacts and risks to client financials and processes.
• Ensure adherence to controls and procedures to prevent audit exceptions for company and its clients.
• Facilitate appropriate resolutions for financial impacts, including necessary system configuration adjustments.
• Provide formal recommendations to clients regarding escalated issues and resolve client inquiries with consideration for financial and legal compliance impacts.
• Support managers in client engagement, ensuring all information is accurate and delivered within required timelines.
• Review internal processes and procedures to ensure proper audit controls are in place and consistently followed.
• Maintain and enforce Standard Operating Procedures (SOPs), Defined Work Instructions (DWIs), and other relevant process documentation.
• Resolve technical and functional issues escalated from the team, ensuring that all system issues and defects are reported appropriately, with detailed evidence, to the Application Services or Products teams for investigation.
• Contribute to team meetings and promptly raise any issues to the Operations Manager.
• Serve as an expert point of contact for audit requests, ensuring accurate and timely responses.
• Collaborate with delivery teams to resolve escalation issues and share lessons learned to improve service delivery.
• Communicate with clients and vendors to resolve accounting and treasury-related issues.
• Work with Operational Management and Products teams to implement automation, innovation, and continuous improvement initiatives.
• Handle sensitive and confidential information with discretion and integrity.
• Support management in resolving client escalations and contributing to the implementation of lessons learned.
• Complete time recording accurately and on time.
• Perform other duties as assigned by the supervisor or manager.
• Foster positive relationships with all business lines, as appropriate.
• Participate in projects and activities as required and assigned.