ACCOUNTING SPECIALIST

Job description- Accounting Specialist Firstsource Solutions is a leading provider of customized Business Process Management (BPM) services.
Firstsource specialises in helping customers stay ahead of the curve through transformational solutions to reimagine business processes and deliver increased efficiency, deeper insights, and superior outcomes.
We are trusted brand custodians and long-term partners to 100+ leading brands with presence in the US, UK, Philippines, India and Mexico.
Our ‘rightshore' delivery model offers solutions covering complete customer lifecycle across Healthcare, Telecommunications & Media and Banking, Financial Services & Insurance verticals.
Our clientele includes Fortune 500 and FTSE 100 companies.
Responsibilities.
· Reconcile multiple general ledger and/or bank accounts to ensure accurate reporting and provide necessary updates and follow-up to clear outstanding items.
· Assist with internal treasury items, including daily transfers and ACHs · Review daily and weekly contingency fee workflows for attorney firms · Review monthly Bank Account Analysis and allocate bank fees to appropriate entities.
· Create and maintain RDS invoices and payments.
Prepare journal entries.
Follow SOC-1 controls.
Follow up on any outstanding invoices.
· Assist in month-end and year-end close processes · Assist Accounts Payable with daily processing.
Examples includes posting invoices, creating ACHs and cutting checks.
· Maintain loan amortization and accrual schedules · Record investor interest accruals and payments.
· Import balances into Adra Matcher daily through the month and Balancer daily during monthly close · Enhanced Legal Contracts (ELC's).
Reporting, Monthly distributions, and Account Reconciliations including reconciliations of various accounts on ELC entities.
· ELC Court Cost/Media funding.
Monitor for approved invoices and generate funding requests from investors.
· Prepare/calculate remittances and invoices (if appl.) for daily/weekly/bi-monthly/monthly remits including appropriate journal entries for various serviced entities.
Examples include, but not limited to.
Asta, Great Seneca, Cliffside I & II, Citizens, Galaxy, Velocity and other RDS servicing clients.
· Support auditors in conducting internal and external audits · Ensure accuracy of financial transactions through compliance with internal policies, procedures, and internal controls.
· Assist various departments and Accounting Management with accounting issues and queries.
· Perform other accounting, financial, or administrative tasks as may be required from time to time.
· Adhere to all safety and health rules and regulations associated with this position and as directed by management.
Knowledge, Skills and Abilities.
· Associates or Bachelor's degree in Accounting, Finance or General Business.
· 3 - 5 years' experience working with basic accounting principles.
· Basic knowledge of Microsoft Office (Excel, Word, Outlook).
· Basic experience with ERP type software.
Microsoft Dynamics GP Financial and A/P modules, SQL Database preferred.
· Basic experience with Financial Close Automation type software.
Adra preferred.
· Demonstrate a high level of attention to details.
· Maintain a high level of dependability and reliability.
· Effectively execute transactional and administrative tasks, especially processing information.
· Ability to learn quickly and communicate effectively, written and verbal, in order to interact with internal and external stakeholders.
· Demonstrate a high level of continuous process improvement to ensure efficiency and compliance in Accounting/Finance activities.