Accounts Payable/Receivable Specialist
Perform functions in support of reconciling third-party payments associated with retail store operations across multiple companies. Acts as primary liaison with third-party service providers, internal departments, and retail field staff to reconcile and/or resolve all payment processing activities. Responsible for the preparation of daily and month-end reconciliations, along with related supporting journal entries for all third-party payment processing. This position will be responsible for corporate cash management activities across multiple entities and hundreds of retail store locations, including posting and reconciling cash management activities to the general ledger for the month-end close process, as well as reconciling bank accounts.
Administer the reconciling process of settlement data from third-party files to the point-of-sale and sales audit and resolve discrepancies/issues that arise. Monitors the payment card network for stability and reports issues to the respective internal/external departments
Monitor daily third-party payment card network files for anomalies that prohibit successful transaction processing. Processes failed transactions through an appropriate third-party solution and/or updates transactional activity
Prepare responses for consumer payment disputes, including requests for copies, verification of chargeback validity, and reconciliation of chargeback files posted to all financial systems
Create and maintain a variety of reports used for daily/month-end, analytics, fraud analysis, and compliance monitoring, combining source data from internal reporting systems as well as third-party vendors
Prepare monthly general ledger reconciliations and all related journal entries for the third-party payment processes
Monitor banking activities to detect irregularities and/or fraud
Provide documentation for the purpose of supporting all financial transactions
Prepare monthly bank reconciliation reports regarding all cash deposits to the bank(s)
Perform the reconciliation and verification of accounts regarding cash at hand and cash at bank
Reconcile and rectify all ledger accounts belonging to customers (Customer Credit Balance)
Review accounts, book monthly journal entries to ensure accuracy of the G/L Reconcile retail stores' cash lines, and assist with resolving cash differences
Job Specifications
Typically has the following skills and abilities:
Two to four years of Account Service or Banking/Accounts Receivable experience or equivalent experience demonstrating the ability to build effective relationships and resolve a variety of issues
One year of experience working in an ERP-based Accounts Receivable environment preferred
Solid understanding of basic accounting principles, familiarity with SAP preferred
Strong problem-solving skills, basic accounting principles knowledge, documentation skills, research and resolution skills, data analysis, and multi-tasking skills
Critical thinking and analytical, with a solution-oriented approach to work
Ability to perform detailed work with numerical data, analyze data, oversee assigned tasks and projects, make informed decisions, and meet tight deadlines
Clean credit history as reported by credit report
#LI-VISIONCARE
Compensation range for the role is listed below. Applicable salary ranges may differ across markets.Actual pay will be determined based on experience and other job-related factors permitted by law. As a part of the compensation package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please click here.
Salary Ranges: $17.85 - $28.88
VSP Vision is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, disability or protected veteran status. We maintain a drug-free workplace and perform pre-employment substance abuse testing.
Unincorporated LA County Residents: Qualified Applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.
Notice to Candidates: Fraud Alert - Fake Job Opportunity Solicitations Used to Collect Fees/Personal Information.
We have been made aware that fake job opportunities are being offered by individuals posing as VSP Vision and affiliate recruiters. Click here to learn about our application process and what to watch for regarding false job opportunities.
As a regular part of doing business, VSP Vision (“VSP”) collects many different types of personal information, including protected health information, about our audiences, including members, doctors, clients, brokers, business partners, and employees. VSP Vision employees will have access to this sensitive personal information and are subject to follow Information Security and Privacy Policies.
About the job
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Accounts Payable/Receivable Specialist
Perform functions in support of reconciling third-party payments associated with retail store operations across multiple companies. Acts as primary liaison with third-party service providers, internal departments, and retail field staff to reconcile and/or resolve all payment processing activities. Responsible for the preparation of daily and month-end reconciliations, along with related supporting journal entries for all third-party payment processing. This position will be responsible for corporate cash management activities across multiple entities and hundreds of retail store locations, including posting and reconciling cash management activities to the general ledger for the month-end close process, as well as reconciling bank accounts.
Administer the reconciling process of settlement data from third-party files to the point-of-sale and sales audit and resolve discrepancies/issues that arise. Monitors the payment card network for stability and reports issues to the respective internal/external departments
Monitor daily third-party payment card network files for anomalies that prohibit successful transaction processing. Processes failed transactions through an appropriate third-party solution and/or updates transactional activity
Prepare responses for consumer payment disputes, including requests for copies, verification of chargeback validity, and reconciliation of chargeback files posted to all financial systems
Create and maintain a variety of reports used for daily/month-end, analytics, fraud analysis, and compliance monitoring, combining source data from internal reporting systems as well as third-party vendors
Prepare monthly general ledger reconciliations and all related journal entries for the third-party payment processes
Monitor banking activities to detect irregularities and/or fraud
Provide documentation for the purpose of supporting all financial transactions
Prepare monthly bank reconciliation reports regarding all cash deposits to the bank(s)
Perform the reconciliation and verification of accounts regarding cash at hand and cash at bank
Reconcile and rectify all ledger accounts belonging to customers (Customer Credit Balance)
Review accounts, book monthly journal entries to ensure accuracy of the G/L Reconcile retail stores' cash lines, and assist with resolving cash differences
Job Specifications
Typically has the following skills and abilities:
Two to four years of Account Service or Banking/Accounts Receivable experience or equivalent experience demonstrating the ability to build effective relationships and resolve a variety of issues
One year of experience working in an ERP-based Accounts Receivable environment preferred
Solid understanding of basic accounting principles, familiarity with SAP preferred
Strong problem-solving skills, basic accounting principles knowledge, documentation skills, research and resolution skills, data analysis, and multi-tasking skills
Critical thinking and analytical, with a solution-oriented approach to work
Ability to perform detailed work with numerical data, analyze data, oversee assigned tasks and projects, make informed decisions, and meet tight deadlines
Clean credit history as reported by credit report
#LI-VISIONCARE
Compensation range for the role is listed below. Applicable salary ranges may differ across markets.Actual pay will be determined based on experience and other job-related factors permitted by law. As a part of the compensation package, this role may include eligible bonuses and commissions. For more information regarding VSP Vision benefits, please click here.
Salary Ranges: $17.85 - $28.88
VSP Vision is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, gender, race, color, religion, sex, national origin, disability or protected veteran status. We maintain a drug-free workplace and perform pre-employment substance abuse testing.
Unincorporated LA County Residents: Qualified Applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, and any other similar laws.
Notice to Candidates: Fraud Alert - Fake Job Opportunity Solicitations Used to Collect Fees/Personal Information.
We have been made aware that fake job opportunities are being offered by individuals posing as VSP Vision and affiliate recruiters. Click here to learn about our application process and what to watch for regarding false job opportunities.
As a regular part of doing business, VSP Vision (“VSP”) collects many different types of personal information, including protected health information, about our audiences, including members, doctors, clients, brokers, business partners, and employees. VSP Vision employees will have access to this sensitive personal information and are subject to follow Information Security and Privacy Policies.