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Financial Processing Specialist

The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.


The Document Management-Financial Processor works within Protective's Corporate Mailroom. They are responsible for processing remote bank deposits, creating accurate journal entries, and maintaining various financial records related to customer payments. This is a production-based role with time service goals and set minimum production standards. The Financial Processor will support various levels of the management team, meet routinely with managers and training, and report issues and trends.


Primary Job Responsibilities:
  • Process transactions as defined by the manager to assist in meeting overall team productivity goals.
  • Handle high profile, complex transactions as well as routine, daily transactions.
  • Support various levels of the management team and participate in management activities and decision making.
  • Report issues and trends to managers.
  • Maintain accurate financial records and create journal entries.
  • Process remote bank deposits and ensure timely and accurate financial processing.


Knowledge/Experience/Education/Training:
  • Demonstrable Excel knowledge: ability to navigate and utilize existing interfaces.
  • Professional maturity and ability to reliably work in the office from 8am-4:30pm.
  • Attention to detail and high level of accuracy.
  • Exposure to or experience in financial systems such as Gemini, NextGen, LifeComm, SAP, Journal Vouchers, and remote deposit processes preferred.
  • Ability to research and resolve complex and sensitive customer requests.
  • Strong organizational and time management skills.


Requirements
  • High School Diploma or equivalent
  • 2-5 years of Financial processing experience (such as Accounts Payable, Accounts Receivable, Accounting).
  • Ability to quickly learn and adapt to new financial systems and processes.
  • Proficiency in 10-key and typing.
  • Expertise in Microsoft Office products, especially Excel and Outlook.
  • The ability to lift up to 30 pounds.


$42,500 - $48,000 a year
Protective’s targeted salary range for this position is $42,500 to $48,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective’s total compensation package for employees. 

This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.

This position is an in office position, with no opportunities for remote or hybrid work.




#IND123


Employee Benefits:  

We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.  

 

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.


Diversity and Inclusion:

At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities.


We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace all skills and abilities. Our aim is to create an equitable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent.


We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce.


Accommodations for Applicants with a Disability:

If you require an accommodation to complete the application and recruitment process due to a disability, please email martina.winston@protective.com.This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

Average salary estimate

$45250 / YEARLY (est.)
min
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$42500K
$48000K

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What You Should Know About Financial Processing Specialist, Protective

Join Protective as a Financial Processing Specialist in Birmingham, AL, and become an integral part of a team that makes a real difference in people's lives. In this role, you will work within our Corporate Mailroom, where you’ll tackle important tasks such as processing remote bank deposits and maintaining accurate financial records for customer payments. This position is dynamic and production-based, which means you will have set goals and minimum production standards to meet. You'll be engaging with managers to report issues and trends and supporting various levels of the management team in their decision-making processes. Accuracy is critical, so your attention to detail and ability to handle both complex and routine transactions will be essential. To excel in this role, you’ll need a High School Diploma or equivalent along with 2-5 years of financial processing experience. Proficiency in Excel and Microsoft Office is also required, along with a knack for organization and time management. At Protective, we not only offer competitive salaries ranging from $42,500 to $48,000, but we also provide a comprehensive benefits package aimed at supporting your overall wellbeing. You will have access to health, dental, and vision insurance, as well as mental health benefits and plenty of paid time off. We are committed to fostering an inclusive culture where every employee can thrive. If you’re looking for a rewarding role that combines financial prowess with a sense of purpose, this is the opportunity for you!

Frequently Asked Questions (FAQs) for Financial Processing Specialist Role at Protective
What are the responsibilities of a Financial Processing Specialist at Protective?

As a Financial Processing Specialist at Protective, your main responsibilities will include processing transactions, creating accurate journal entries, handling remote bank deposits, and maintaining financial records related to customer payments. You’ll work closely with various management levels and report any issues or trends to ensure optimal productivity within the Corporate Mailroom.

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What qualifications do I need to apply for the Financial Processing Specialist position at Protective?

To apply for the Financial Processing Specialist position at Protective, you need a High School Diploma or equivalent, along with 2-5 years of experience in financial processing like Accounts Payable or Receivable. Proficiency in Microsoft Office, particularly Excel, strong organizational skills, and attention to detail are also essential qualifications.

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Is the Financial Processing Specialist position at Protective a remote position?

No, the Financial Processing Specialist position at Protective is an in-office role located in Birmingham, AL. There are currently no opportunities for hybrid or remote work.

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What is the salary range for the Financial Processing Specialist role at Protective?

The targeted salary range for the Financial Processing Specialist position at Protective is between $42,500 and $48,000 annually. Adjustments may be made based on skills, experience, and job location, and the role includes additional incentive opportunities based on individual and company performance.

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What benefits does Protective offer for the Financial Processing Specialist role?

Protective offers a broad range of benefits for the Financial Processing Specialist role, including health, dental, and vision insurance, mental health benefits, paid time off, and a 401(k) plan with company matching. The company promotes overall employee wellbeing through various initiatives, including ProHealth Rewards.

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Common Interview Questions for Financial Processing Specialist
How do you ensure accuracy in financial processing?

To ensure accuracy in financial processing, I double-check all entries for discrepancies, utilize validation tools within financial software, and regularly review financial records. Maintaining a systematic approach and being detail-oriented are key strategies I implement.

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Can you describe your experience with financial systems like SAP or Gemini?

I've worked extensively with financial systems such as SAP and Gemini, where I processed transactions, generated reports, and resolved discrepancies. My experience has provided me with a solid understanding of how these systems function and the importance of precise data entry.

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What methods do you use to handle complex customer transactions?

For complex customer transactions, I prioritize clear communication and thorough research to resolve issues effectively. I utilize detailed documentation and collaborate with team members when necessary to ensure that all aspects of the transaction are addressed accurately.

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

In a fast-paced work environment, I prioritize tasks by assessing deadlines and the impact of each task on overall team productivity. I often use a to-do list and digital tools to keep track of my progress and ensure that high-priority tasks are addressed first.

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What do you consider your strengths as a Financial Processing Specialist?

My strengths as a Financial Processing Specialist include my attention to detail, proficiency in financial software, and strong organizational skills. These abilities enable me to maintain accurate records and process transactions efficiently, contributing to the overall success of my team.

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How do you keep up with changes in financial regulations and standards?

I stay updated on changes in financial regulations and standards by regularly attending workshops, participating in training programs, and reading industry publications. This commitment to continuous learning helps me maintain compliance and adapt to changes effectively.

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Can you discuss a time when you identified a financial processing error?

I once identified a discrepancy during a routine review of financial records. I took the initiative to investigate the issue and found a data entry error that had gone unnoticed. I corrected it promptly and implemented a new checklist process to prevent future occurrences.

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What experience do you have with Microsoft Excel in financial processing?

I have extensive experience with Microsoft Excel, utilizing it for various financial tasks such as creating complex formulas, generating pivot tables, and analyzing data trends. This skill is crucial for speeding up financial analysis and ensuring accuracy in financial reporting.

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How do you handle tight deadlines when processing financial transactions?

When faced with tight deadlines, I focus on efficient time management by breaking down tasks and setting mini-deadlines to stay on track. I maintain open communication with my team to ensure that we collaborate effectively to meet our deadlines.

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What motivates you to work as a Financial Processing Specialist at Protective?

I am motivated by the opportunity to contribute positively to customers' lives at Protective. Working in a role where accuracy and efficacy can impact people's financial security is highly rewarding, and I value being part of a company that prioritizes its employees' wellbeing and growth.

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Founded in 1907, Protective Life is a financial service holding company that specializes in full life insurance. Protective Life is located in Alabama.

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Full-time, on-site
DATE POSTED
March 18, 2025

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