Job details

Finance Operations Specialist

ClassWallet, a financial technology company serving agencies responsible for managing public funds, is hiring a Finance Operations Specialist to join our growing team.

Agencies use ClassWallet to get public funds to the right people, and ensure the funds are used for the right purpose. ClassWallet’s suite of products and services empowers agency administrators to dramatically increase efficiency of funds distribution and spend compliance, reduce programmatic costs, maximize the full potential impact of the program, and satisfy the needs and expectations of policymakers, constituents and public reporting. ClassWallet has processed over $3.5 Billion to date and serves public agencies across 33 states.

The Company has developed an industry-defining digital wallet solution which has gained rapid traction among state and local agencies and school districts across America. ClassWallet ranks as the 61st fastest growing software company on the prestigious Inc. 5000 list of fastest-growing private companies and the 21st fastest growing financial technology company on the Deloitte Technology Fast 500 in 2023.

While the Company delivers immense business value, the social impact of ClassWallet is a fabric that runs through its mission and corporate culture. As a result of ClassWallet’s innovation, public programs run with exponentially more efficiency and the impact and breadth of the programs for the individuals they serve is dramatically higher. This mission compliments the Company mission-based culture with focus on gratitude and work-life balance.

Job Responsibilities:

Reconcile high-volume client and sub-client accounts daily, ensuring accuracy and completeness.
Investigate and resolve discrepancies between various data sources, including internal systems, bank statements, and client records.
Analyze large and complex datasets to identify trends, patterns, and potential issues.
Develop and maintain efficient reconciliation processes and procedures.
Collaborate with internal and external stakeholders to resolve reconciliation issues and improve data accuracy.
Prepare and maintain comprehensive reconciliation reports and documentation.
Assist with month-end and year-end closing activities.
Stay informed about industry best practices and regulatory requirements related to account reconciliation.
Contribute to the continuous improvement of finance operations processes.

Bachelor's degree in Accounting, Finance, or a related field.
3+ years of experience in a finance operations role with a focus on account reconciliation.
Proven experience working with large and complex datasets.
Advanced proficiency in Microsoft Excel, including pivot tables, VLOOKUP, and macros.
Experience with reconciliation software and ERP systems, such as Netsuite or other cloud-based solutions.
Strong analytical and problem-solving skills.
Excellent attention to detail and accuracy.
Ability to work independently and as part of a team.
Effective communication and interpersonal skills.
Experience in the financial services or high-volume retail industry is preferred.
Familiarity with SQL or other data query languages is preferred.

ClassWallet is a positive, family-oriented team environment. Our focus is on encouragement, positive reinforcement, and gratitude. We work hard and are highly motivated to win but with a healthy perspective on life.

We offer an excellent salary and benefits commensurate with experience.

ClassWallet.com is proud to be an Equal Opportunity Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, marital or veteran status.

Average salary estimate

$80000 / YEARLY (est.)

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$70000K

$90000K

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What You Should Know About Finance Operations Specialist, ClassWallet

Are you ready to join a vibrant team at ClassWallet as a Finance Operations Specialist? In this critical role, you'll be part of a financial technology company that's revolutionizing how public funds are managed and distributed. Your main responsibility will be reconciling high-volume client and sub-client accounts daily, ensuring everything is accurate and complete. You'll dig into complex datasets to spot trends and resolve discrepancies between various data sources. Being an analytical mind is crucial, as you'll be enhancing our reconciliation processes and collaborating with internal and external stakeholders to improve data accuracy. With ClassWallet, you'll also assist with month-end and year-end activities while staying updated on industry standards. If you hold a Bachelor's degree in Accounting or Finance and have at least 3 years of experience in finance operations, you're in the right place! Ideally, you're comfortable with Excel, familiar with reconciliation software, and bring strong problem-solving skills to the table. Our culture emphasizes gratitude and work-life balance, so expect a supportive environment where everyone is encouraged to thrive. Join us and become part of our mission to make public programs run with greater efficiency, impacting lives across the nation. Let's work together to create a brighter financial future!

Frequently Asked Questions (FAQs) for Finance Operations Specialist Role at ClassWallet

What are the primary responsibilities of a Finance Operations Specialist at ClassWallet?

As a Finance Operations Specialist at ClassWallet, your key responsibilities include reconciling high-volume client and sub-client accounts, investigating discrepancies across data sources, analyzing datasets to uncover trends, and developing efficient reconciliation processes. You'll also prepare comprehensive reports and assist with month-end and year-end closing activities, all while collaborating with stakeholders to enhance data accuracy.