What are the responsibilities and job description for the Financial Operations Analyst position at Purchasing Power?
Work at Purchasing Power
Position: Financial Operations Analyst
Location: Atlanta - Paces Ferry, Hybrid (Atlanta, GA)
Who Are We: Purchasing Power (corp.purchasingpower.com)
We are an Atlanta-based voluntary benefit company offering an industry-leading employee purchase program for brand-name consumer products, online education services and travel offerings through convenient payroll deduction, helping employees achieve financial flexibility.
The Opportunity: The Financial Operations Analyst will oversee operational functions, and drive analysis and solutions that move the department forward. You will be responsible for ensuring customer payments are generated and received according to schedule by executing client invoicing and reporting and reconciling complex data points from numerous systems. The Analyst will work with internal and external partners to research and resolve discrepancies that result from operational issues related to client file transmission, pay calendar discrepancies, or client/customer data inconsistencies.
What You Will Do:
- Generate client invoicing and reporting to ensure payroll deductions occur according to complex payment schedules (consisting of different pay schedules per client)
- Utilize data analytics tools to manage the process of posting payroll deductions to financial systems
- Confirm the accuracy of complex client pay calendars used in the creation of contract installment dates
- Reconcile and establish compliance between storefront customer contracts and backend financial systems
- Reconcile high volumes of receipt and remittance batch transactions with input from various sources to quickly identify variances while verifying data integrity
- Research variances and resolve issues through effective communication with internal and external partners and clients
- Analyze high volumes of data and effectively communicate findings to management team
- Recommend improvements to policies, procedures, and systems based on issues and trends
- Ensure successful client launches by participating and partnering in client implementations to drive solutions to specific client dynamics which can require involvement in IT initiatives, process improvements, and business analysis
- Ensure all deliverables adhere to department quality and delivery standards
The Experience You Will Bring:
- Bachelor’s degree with a concentration in Finance, Math or related field
- 3 years of business analysis experience, with experience in analyzing data, identifying trends and anomalies
- Financial services and/or E-commerce experience
- Advanced proficiency in Microsoft Excel
- Ability to manage, manipulate and analyze large data sets efficiently while keeping data very organized
- Capable to work under tight deadlines
- Must be detail-oriented and very organized with the ability to multi-task to deliver timely output and handle shifting priorities professionally
- Experience working with cross-functional teams to build consensus and project plans
- Excellent verbal, written, and problem-solving skills in a team environment
Your Well Being:
- Hybrid work model (Onsite/Offsite)
- Comprehensive benefits: medical, dental, vision, company paid Basic Life/AD&D
- 401k Retirement Plan
- Flexible PTO
- Career Development
- Employee Purchase Program
What We Stand For:
- We act with intensity, urgency and a passion for supporting our customers and growing our business. We strive for excellence.
- We hold ourselves accountable and expect it of each other. We attack problems with a positive “can do” attitude. We do what we say we’ll do.
- We deliver as one team, working together with integrity, respect, trust, transparency, and fun. We are better because we work here.
- We believe our unique diversity and authenticity makes us a better company, allows us to be our best selves and is a competitive advantage.
- We exhibit innate curiosity and creativity to innovate and reimagine how things can be done. We ask, is there a better way?
Purchasing Power is an equal opportunity employer. At Purchasing Power, we make all employment decisions, which include hiring, promoting, transferring, demoting, evaluating, compensating and separating, without regard to sex, sexual orientation, gender identity, race, color, religion, age, national origin, pregnancy, citizenship, disability, service in the uniform services, or any other classification protected by federal, state or local law.