Financial Operations Analyst
We have a fabulous new position to join the PowerPay team! This position is currently working a hybrid work schedule (2 days remote / 3 days in office).
PowerPay, a fast-growing financial technology company, is seeking a Financial Operations Analyst to assist our growing team. We’re looking for a motivated individual who is willing to jump into the organization and start contributing. We are looking for individuals who have the desire to win, a tenacious appetite to be number one, and enjoy an independent and collaborative work environment.
PowerPay offers a great working environment (state of the art technology, spacious up to date office, full stocked kitchen, and more!) and the opportunity to contribute to the growth of the organizationand did we mention an awesome team of co-workers?
We are looking for a Financial Operations Analyst who is a proactive problem-solver to take full ownership of our daily cash operations and loan lifecycle management. From hitting the button on high-stakes transfers to auditing interest accruals and building robust reconciliation models in Excel, your work ensures our operations run without a hitch. If you have an "eagle eye" for detail, love the logic of a clean spreadsheet, and enjoy collaborating across departments to solve financial puzzles, we want to meet you.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned as needed.
- Fund Movement & Treasury: Execute daily ACH, wire, and internal book transfers with high precision, ensuring strict adherence to security protocols and deadlines.
- Loan Portfolio Management: Manage end-to-end loan maintenance, including processing loan refunds, disbursements, interest accruals, and final loan closures. Experience with NLS (Nortridge Loan Servicing & Management Software) preferred.
- Reconciliation Management: Maintain a rigorous process for daily reconciliations, ensuring all transactions are fully accounted for and internal records align perfectly with bank statements.
- Discrepancy Resolution: Proactively investigate and resolve financial variances immediately to maintain data integrity and prevent operational or financial lag.
- Data Analysis & Reporting: Utilize Excel/Google Sheets—specifically Pivot Tables, VLOOKUPs, and advanced formulas—to track, analyze, and report on financial activities and loan maintenance.
- Cross-Functional Collaboration: Communicate effectively across departments, providing clear updates on financial issues, status reports, and resolutions to key stakeholders.
Qualifications
MINIMUM REQUIREMENTS (Knowledge, Skills, Abilities)
- Experience: 2+ years of experience in financial operations, treasury, or banking, with a focus on high-volume transactions.
- Education: Bachelor’s degree in Finance, Accounting, or a related business field.
- Technical Excellence: Advanced proficiency in Excel or Google Sheets (must be comfortable with Pivot Tables, VLOOKUPS, and complex formulas).
- Loan Operations Knowledge: Practical understanding of the loan lifecycle, including disbursements, interest calculations, and closing procedures.
- The "Eagle Eye": An obsessive attention to detail; you catch the missing decimal point or double-entry before it becomes an issue.
- Problem-Solving Skills: A proactive approach to investigating "breaks" in data and a desire to improve manual processes through automation.
- Communication: Ability to translate complex financial data into clear, actionable updates for teammates across the company.
Additional Information
Benefits of working with PowerPay
- Team-centric company culture
- Growth Opportunities
All your information will be kept confidential according to EEO guidelines.