Payment Analyst PT in Rochester, Michigan at Mitsubishi HC Capital America Inc

Position Overview:

Responsible for accurate and efficient payment application, reconciliation of payments received and remittance verification for factoring, asset-based lending and syndication clients, supply management, and office administrative tasks. Work closely with client analysts to provide excellent customer service.

Managed Business Risks:

Identify payment issues that could impact collateral position and immediately bring to the attention of credit manager.

Essential Duties and Responsibilities:

(List in order of time spent)

• Process and reconcile incoming payments for ABL, factoring, and syndication clients.
• Resolve discrepancies and maintain account accuracy.
• Work with multiple payment application software systems such as Profit Stars and Stucky.
• Act as a liaison between various departments including Operations and Credit.
• Maintain client files.
• Report any adverse findings for either client or debtor directly to the credit manager and assist with corrective action measures.
• Work with operations manager to suggest and implement operational and system efficiencies.
• Perform administrative tasks including scanning documents and saving reports to the network.
• Assist with supply management, including ordering office supplies and other items as needed.

Responsibility and Decision-Making Authority:

• Perform all operational responsibilities for managed accounts in accordance with credit approvals and company credit policies.

Management/Supervisory Responsibilities:

• None.

Competencies:

• Excellent communication skills, especially phone etiquette.
• Excellent numerical skill and the ability to handle complex calculations.
• Computer efficiency including Word & Excel.
• Ability to organize and manage multiple simultaneous tasks.
• Accurate data entry and attention to detail.
• Work well under pressure.
• Adapt to new technologies and processes.
• Team player and ability to work closely with fellow analysts.
• Commitment to company values.

Education and Experience:

• High school diploma or equivalent.
• 1+ years of experience.
• Experience in a professional office environment utilizing computer and phone skills.
• Industry experience in lending or experience within an accounting department and/or Accounts Payable or Accounts Receivable experience.

Licensing and Certification:

• None.

Working Hours:

• Hours may vary and will require some evening work; frequently requires working 40-45 hours/week depending on business needs.

Tools and Equipment Used:

• Personal computer, copier, fax, phone, and other typical office equipment.

Travel:

• Occasional travel related to attendance at industry seminars.

Physical Demands:

• Digital dexterity and hand/eye coordination in operation of office equipment.
• Light lifting and carrying of supplies, files, etc.
• Ability to speak to and hear customers and/or other employees via phone or in person.
• Body motor skills sufficient to enable incumbent to move from one office location to another.

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.

The position is non-exempt and the pay will be between $23/hour and 29/hour with an opportunity to earn a discretionary annual bonus.

The range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities

- Employee Discounts