What are the responsibilities and job description for the Financial Specialist position at Rate Tracker?
Rate Tracker is seeking an experienced Financial Specialist to manage and optimize our financial operations. This role requires a professional with a proven track record in payroll, accounts payable (A/P), accounts receivable (A/R), invoicing, and commission management. Key responsibilities include processing paperwork for billings, reviewing all documents for accuracy, and communicating with contractors for any discrepancies. This role will also ensure the accuracy of financial transactions and contribute to the financial growth of the company.
Responsibilities:
- Payroll Management:
- Oversee weekly W2 payroll processing for all employees and contractors, weekly activations, monthly 1, 2, and 3 payments, etc. ensuring compliance with federal and state regulations.
- Handle payroll tax filings and ensure accurate deductions.
- Accounts Payable (A/P):
- Manage the complete A/P cycle, including vendor invoice processing, payment approvals, and reconciliation.
- Maintain relationships with vendors and resolve any payment discrepancies.
- Accounts Receivable (A/R):
- Generate and manage invoices for clients, ensuring timely billing and payments.
- Follow up on outstanding invoices and manage collections, ensuring minimal A/R aging.
- Commission Calculations:
- Lead the process of calculating and disbursing commissions for Sales Partners based on performance metrics.
- Address any commission-related inquiries and ensure the accuracy of payouts.
- Financial Reporting & Analysis:
- Assist in preparing monthly and quarterly financial reports, providing analysis to support decision-making.
- Support month-end and year-end closing processes, including reconciling accounts and preparing financial statements.
- Process Improvement:
- Identify areas of improvement within financial operations and implement more efficient processes.
- Collaborate with management to streamline A/P, A/R, and payroll processes.
Qualifications:
- Bachelor’s degree in Accounting, Finance, Business, or related field
- One to three years of finance/accounting or related business experience
- Strong proficiency with accounting software (Paycor specifically, Heartland, etc.) and Google Sheets experience
- Experience managing commission structures, payments, and statistical calculations
- Highly detail oriented with experience in data entry/data management
- Ability to plan, organize and manage deadlines in a changing, fast paced environment
- Exceptional attention to detail, organizational skills, and the ability to manage multiple priorities
Salary : $65,000