Analyst Settlement Cash - First Data (Melville, NY)

First Data is a leading provider of payment solutions for financial institutions and merchants around the world. With over 42 Billion merchant transactions annually and nearly 750 Million credit/debit cards on file, First Data powers the payments value chain in over 80 countries across the globe. We are proud of our extensive customer relationships supporting over 7,000 financial institutions and the largest merchant distribution network in the industry with over 1,200 partners servicing merchants large and small.

Our 25,000 employees are industry experts helping businesses simplify payment processing and improve the customer experience with our broad portfolio of solutions, including: Credit and Debit card issuing and acquiring, STAR® PIN-Debit Network, Point of Sale Terminals and deployment services via our subsidiary, TASQ Technology, Gift Card and Loyalty Solutions, TeleCheck® Electronic Check Acceptance Services, MoneyNetwork® Payroll Distribution, eCommerce and online banking solutions, world-class security services like our new TransArmorsm STAR® CertiflashSM Solutions, and more.

First Data. Beyond the Transaction.

Job Description

• Responsible for the timely and accurate reconciliation and settlement of assigned daily cash positions, which includes the gathering, analyzing, and consolidating of information from various internal and external sources and determining the funding requirements needed.
• Reconciliation of daily assigned fiduciary accounts.
• Initiate and / or approve repetitive and non-repetitive funds transfers.
• Daily transmittal and confirmation of ach files.
• Daily transmittal and confirmation of positive pay files.
• Ability to cross train for other daily settlement desks for cross training rotations and out of office coverage.
• Assistance with one-off projects as assigned.

MINIMUM QUALIFICATIONS:

• 4 year Accounting/Finance degree.
• Minimum one-three years cash operations/accounting experience
• Proficient with Excel.
• Ability to work in a fast paced environment.
• Ability to multi task and change priorities on short notice.
• Strong organizational skills to meet departmental timeframes.
• Proven leadership ability.
• Clear communication skills.
• Result oriented.
• Ability to maintain confidentiality.
• Available to work during US holidays for international processing coverage.

JOB SPECIFIC COMPETENCIES:

• Adaptability: Requires the ability to interact and maintain effectiveness in varying environments and with different tasks, responsibilities and people.
• Ability to gain cooperation, commitment and trust of others.
• Problem Solving / Judgement: Diagnose complex problems effectively.
• Applies critical thinking and logic in problem solving.
• Provides recommended solutions with appropriate alternatives.
• Demonstrates responsibility and accountability for decisions.
• Innovation: Continuously looks for ways to improve processes or products to be more effective and / or efficient while maintaining appropriate controls and procedures.
• Anticipates changes in daily operational environment and proactively develops and implements process changes accordingly.
• Self-starting rather than accepting passively, taking action to achieve goals beyond what is required.

PREFERRED QUALIFICATIONS:

• Experience in one or more of the following environments: Cash Management; Merchant Acquiring; Banking Operations.

First Data's Global Operations and Technology division closely integrates operations, technology and product development to make sure we have the right platforms in place today and into the future to meet the ever changing demands of our partners. With nearly 17,000 employees O&T makes sure we offer the security, reliability, speed, and simplicity that our customers look for in a processing provider.

O&T is a large organization touching nearly every aspect of First Data service delivery, including; product development; client project delivery; infrastructure operations; global service delivery; information services, strategic sourcing, and enterprise security, risk and compliance into a single end-to-end organization.

Source: http://www.jobs2careers.com/click.php?id=306117930.96