What are the responsibilities and job description for the Remittance Coordinator position at Radius Global Solutions LLC?
Job Description
Job Description
Summary
Responsible to prepare the daily remittances to clients in a timely manner, monitor all bank activity-related collections, provide back-up as necessary for Accounting department and manager
Essential Functions
- Prepare client remittances and reconcile to the remittance period
- Prepare wires based on remittances to the client
- Transfer fees on net clients to the operating account
- Reconcile cash receipts to the postings and deposits
- Enter remit payments and client fee invoices into the accounting system
- Download NSF files
- Perform transfers between trust accounts
- Assist with daily payment posting
- Assist with preparation of client audits
- Keep up-to-date knowledge, understanding, and compliance with governmental laws and regulations, with functional area, and with Company policies and procedures
- Maintain regular attendance and timeliness which are required due to the production-based nature of the business and client requirements
- Provide proactive feedback to management concerning potential problems and recommendations for improvement. Recommend process improvements for efficiencies and best practices
- Adhere to all Company, Client and Consumer confidentiality and security policies and procedures
Non-Essential Functions
Supervisory Responsibilities / Accountabilities
Requirements
Working Conditions
Physical Requirements
While performing the duties of this job, the employee is regularly required to talk and hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Extensive use of keyboards and computers
Position Type / Expected Hours of Work
Some flexibility in hours is allowed, but the employee must be available during the department’s scheduled hours and guidelines. Full-time employees must maintain continuous full-time employment status. Because of the production-based nature of the job, employees must be able to adhere to their schedule and attendance policies.
Equal Opportunity Employer Veterans / Disabled
