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Manager, Financial Operations

With unmatched software-as-a-service solutions, Fourth offers a connected world for its customers in the hospitality industry that powers every vital function of its business. Fuego is Fourth’s US fintech solution, offering on-demand pay for the hourly worker. Fuego extends cash to employers to allow employees to draw on wages or tips before payday, and coordinates with payroll partners for a complete solution. Fuego informs a critical part of the overall Fourth suite, specifically in connection with Fourth’s payroll operations and practices. As the Financial Operations Manager, reporting into VP of Payroll Operations, you will play the primary role in monitoring payroll operations that govern the cashflow for Fuego, and acting as a payroll operations accountant.The Role. . .• Collect on and reconcile customer cash accounts, ensuring detailed recording and posting of general ledger entries• Monitoring and reporting on the daily cash inflows and outflows, and forecasting the cash position for short- and long-term planning• Proactively monitoring customers’ payments data and trends and raising alerts to mitigate financial risk, while proactively escalating day-to-day customer cashflow issues such as under payment or payment delays• Monitor customer or prospective customer risk profiles, escalating where appropriate, also serving as escalation point for sales when assessing viability of new customers• Bank account reconciliation and journal posting to match financial records with Fuego ledgers• Ensuring compliance with internal and external policies and regulations, such as accounting standards and payroll compliance e.g., monitoring and managing garnishments• Coordinating with internal functions providing guidance and/or resolutions e.g. our support services team for any money movement related customer escalations and finance functions/stakeholders to ensure funds availability• Coordinating with 3rd party service providers to resolve issues with fund transfers or transaction processing inquiries• Line management responsibility for the operations accountant responsible for cash collections related to payroll services and associated holiday cover• Supporting the development and implementation of cashflow improvement initiatives, such as process automation or process change and change managementThe Ideal Candidate. . .• At least 5 –7 years of experience in cash management, cash applications or credit & collections roles and 3 years management experience• Minimum 5 years’ relevant experience in cash management, cash applications or credit & collections. Associate or bachelor’s degree in accounting preferred• Knowledge of cash management, financial analysis, account reconciliation and balancing processes• Knowledge of banking and transaction processing (i.e. ACH and wire processing) including concepts and principles• Ability to analyze data, explain results and demonstrates good business judgement• Attention to detail, accuracy; ability to maintain confidentiality, risk awareness and compliance• Ability to adapt and thrive in a fast-paced team environment. Excellent analytical skills and attention to detail• Strong and cross functional communication skills• Line management experience of junior positions to monitor, mentor and develop as required• Knowledge of credit and risk profiles and collections activities• Knowledge of payroll processingFourth Perks: Unlimited PTO, Health, Dental, Vision, 401K match, Charity Days, Parental Leave, Flexible Work Environment, just to name a few…Remote employment limited to: AZ, CA, CO, CT, DC, FL, GA, ID, IL, IN, KY, LA, MA, MD, ME, MI, MN, MS, NC, NE, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, VA, WAOur StoryIn July 2019 Fourth joined forces with HotSchedules to become the global leader in end-to-end restaurant and hospitality management technology solutions. Together, the merged company now represents the world’s largest and only provider of end-to-end restaurant and hospitality management solutions for customers across the globe and of all sizes—from a single location or franchisee restaurant to a global restaurant or hotel chain. The combined company’s complete software-as-service (SaaS) solution suite including scheduling, time & attendance, applicant tracking, training, inventory management / procurement, HR / benefits and payroll services now serves customers in 120,000 locations worldwide and is supported by a dedicated, unified team across offices in the US, UK, Bulgaria, China, Australia, and UAE.Fourth is an Equal Opportunity EmployerAll qualified applicants will receive consideration without discrimination because of sex, gender identity, gender expression, sexual orientation, marital status, race, color, age, national origin, military status, religion, or disability or any other legally protected status.
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CEO of Fourth
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Clinton Anderson
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Established in 1999, Fourth provides solutions to over 1200 customers in 60 countries including many global brands such as Hilton Hotels, PizzaExpress, Gordon Ramsey and Sodexo. In July 2019, two companies with a startlingly similar mission to pr...

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Full-time, hybrid
DATE POSTED
September 27, 2024

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