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Job details

Financial Support Specialist

Location:

Fully remote (Work from home) 9AM - 6PM EST

Key Responsibilities:

Accounts Payable: 

  • Process vendor invoices, ensuring accuracy and adherence to company policies and procedures. 

  • Verify and match invoices with purchase orders and receiving documents. 3. Prepare and perform timely and accurate payment disbursements via checks, electronic transfers, or other approved methods. 

  • Reconcile vendor statements and resolve discrepancies or payment issues in a professional and timely manner. 

  • Maintain accounts payable records and documentation systematically for easy retrieval and auditing purposes. 

  • Collaborate with the client to address vendor inquiries and maintain positive relationships with suppliers.

Accounts Receivable:

  • Manage client customer invoicing, ensuring completeness and accuracy of billing information. 

  • Post and apply customer payments in the accounting system, reconciling discrepancies when necessary. 

  • Monitor and follow up on outstanding customer balances, promptly resolving any payment issues or disputes. 

  • Prepare and send periodic customer statements to maintain transparency and clear communication regarding outstanding balances. 

Maintain organized records of accounts receivable transactions and collections efforts.

Payroll Processing: 

  • Accurately process employee payroll, including regular pay, overtime, bonuses, and commissions. 

  • Ensure compliance with federal, state, and local payroll tax regulations and reporting requirements. 

  • Process new hire information, terminations, and changes to employee payroll records. 4. Generate payroll reports and maintain payroll records for auditing purposes. 

General Responsibilities: 

  • Collaborate with the finance team to support month-end and year-end closing processes. 

  • Assist with financial data analysis and reporting as required. 

  • Identify opportunities for process improvements and contribute to the implementation of best practices. 

  • Stay up-to-date with changes in accounting and payroll regulations and ensure compliance. 

  • Maintain confidentiality of financial and employee information at all times. 


Requirements: 

  • Bachelor's degree in Accounting, Finance, or a related field (or equivalent experience). 

  • 2+ years experience in accounts payable, accounts receivable, and payroll processing. 

  • Strong knowledge of accounting principles, regulations, and best practices. 

  • Proficiency in using accounting software and payroll processing systems including bill.com, Xero, QBO, Justworks, and Gusto. 

  • Excellent attention to detail and ability to maintain accuracy in a fast-paced environment. 

  • Effective communication skills with the ability to interact with internal and external stakeholders professionally. 

  • Strong problem-solving skills and ability to handle inquiries and issues with a customer-oriented approach. 

  • High level of integrity and commitment to maintaining confidentiality. 

  • Organized and able to prioritize tasks to meet deadlines effectively. 

  • Willingness to adapt to changes in processes and technology.

 

Application Process:

To be considered for this role these steps need to be followed:

  • Fill in the application form

  • Record a video showcasing your skill sets

Average salary estimate

$57500 / YEARLY (est.)
min
max
$50000K
$65000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Support Specialist, ProjectGrowth

Are you ready to take your financial expertise to the next level? As a Financial Support Specialist at our innovative company based in Cairo, you'll play a crucial role in streamlining our accounts payable, accounts receivable, and payroll processing. This fully remote position allows you to work from the comfort of your home, with a schedule that runs from 9 AM to 6 PM EST. Your day-to-day responsibilities will include processing vendor invoices, reconciling statements, managing customer balances, and ensuring timely payroll for our employees. With a strong emphasis on maintaining positive relationships with vendors and clients, you'll be the key communication link across our financial operations. To excel in this role, you'll leverage your knowledge of accounting principles and experience with software like Xero and QuickBooks. If you have a keen eye for detail, a passion for finance, and a proactive attitude towards improving processes, we welcome you to apply and join our team!

Frequently Asked Questions (FAQs) for Financial Support Specialist Role at ProjectGrowth
What are the main responsibilities of a Financial Support Specialist at this company?

The main responsibilities of a Financial Support Specialist at our company include managing accounts payable and receivable, processing payroll, and assisting with financial data analysis. You'll handle vendor invoices, ensure timely payment disbursements, reconcile customer payments, and maintain organized records. Additionally, collaborating with the finance team for month-end and year-end closing processes will be a key part of your role.

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What qualifications are required for the Financial Support Specialist position?

To qualify for the Financial Support Specialist position, you should possess a Bachelor's degree in Accounting, Finance, or a related field, along with at least 2 years of experience in accounts payable, receivable, and payroll processing. A strong understanding of accounting principles and familiarity with accounting software like bill.com, Xero, and QuickBooks is essential to success in this role.

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How does the company ensure a smooth payroll process for employees?

The company ensures a smooth payroll process for employees by accurately processing payroll that includes regular pay, overtime, bonuses, and maintaining compliance with tax regulations. As a Financial Support Specialist, you would generate payroll reports and keep meticulous payroll records for auditing purposes, helping to guarantee that every employee is paid on time and accurately.

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What skills are important for a Financial Support Specialist to succeed?

Important skills for a Financial Support Specialist include attention to detail, effective communication, strong problem-solving abilities, and proficiency in accounting software. Being organized and able to prioritize tasks are crucial for meeting deadlines in a fast-paced environment. Moreover, having a customer-oriented approach will help you interact positively with internal and external stakeholders.

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What is the application process for the Financial Support Specialist role?

To apply for the Financial Support Specialist role, candidates must fill in an application form and record a video showcasing their skills. This two-step process helps the company assess both written application and interpersonal communication skills, providing you a chance to stand out!

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Common Interview Questions for Financial Support Specialist
Can you explain your experience with accounts payable and how you handle vendor invoices?

When answering this question, share specific examples of your previous roles where you processed vendor invoices, verified accuracy, and resolved discrepancies. Highlight your proficiency in accounting software and your approach to maintaining positive vendor relationships.

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What steps do you take to ensure compliance with payroll regulations?

It's essential to show your understanding of federal, state, and local regulations regarding payroll. Discuss your experience with accurately processing payroll, keeping updated with changes in regulations, and generating necessary reports for compliance. Sharing any experiences with audits will also be a plus.

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How do you prioritize your tasks in a fast-paced financial environment?

To demonstrate your time management skills, describe your approach to organizing tasks based on urgency and importance. Mention any tools you use to help manage your workload and how you adapt to shifting priorities while maintaining accuracy in your work.

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Describe a time when you had to resolve a payment issue. What was your approach?

Share a specific situation where you faced a payment dispute or issue. Explain your process for identifying the problem, the communications you had to make with the vendor or client, and how you resolved the matter in a timely manner. This showcases your problem-solving skills.

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What accounting software are you proficient in, and how do you use them in your daily tasks?

List the accounting software you are familiar with, like Xero or QuickBooks, and describe how you utilize them for processing payments, tracking invoices, and maintaining accurate financial records. Providing details on any specific functionalities you frequently use can also be beneficial.

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How do you maintain confidentiality when dealing with financial information?

Discuss your understanding of the importance of confidentiality in financial roles and describe your previous experiences managing sensitive information. Explain the procedures you follow to ensure data security and privacy at all times.

Join Rise to see the full answer
What techniques do you use to communicate effectively with clients and vendors?

Effective communication is key; share strategies you use such as active listening, clarity in your messages, and the timely follow-up on inquiries. Providing examples of positive outcomes from your communication efforts can help illustrate your effectiveness.

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Can you discuss your experience with month-end and year-end closing processes?

Talk about any experience you have with preparing for month-end and year-end closings, detailing the steps you take to complete reconciliations, review financial statements, and collaborate with the finance team to ensure accuracy and compliance.

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Have you identified any process improvements in your previous roles? Can you give an example?

Share a specific instance where you identified a bottleneck or inefficiency in financial processes and detail the steps you took to implement a solution. Highlighting your ability to contribute to continuous improvement will show your proactive nature.

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What motivates you in a financial support role?

Discuss what aspects of financial support captivate you and align your motivations with the responsibilities of the Financial Support Specialist role, such as problem-solving, working with numbers, or providing support to a team.

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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 10, 2024

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