Invoice Settlement
CurrentEnsure accurate and timely processing of ACH transactions and exception items, along with handling incoming and outgoing domestic ACH transactions, suspended files, and research, all in accordance with bank policies and procedures. Provide day-to-day support for EFT Debit Card disputes, upholding a strong understanding of Regulation E, and Visa and Mastercard Chargeback rules.Execute operational tasks in various Deposit Operations areas, such as File Maintenance, IRA Product Support, debit card processes, overdrafts, and escheatment. Maintain a high level of awareness and knowledge of the business market, card payment industry, competitors, and internal activities to identify, evaluate, and appropriately close business opportunities.Conduct GL Account Reconciliations, ensuring precision and accuracy in processing payment applications and cash application requests. Oversee month-end closing procedures, including the creation of general ledger entries, maintenance of balance sheets, and meticulous account reconciliations. Safeguard data integrity in bookkeeping databases and spreadsheets. Facilitate the preparation, printing, and dispatch of financial statements, concurrently conducting daily reconciliations. Resolve intricate accounts receivable matters with customers, leveraging adept problem-solving skills to ensure swift resolution, particularly regarding payment applications.Respond promptly to client inquiries, conducting thorough research, resolving issues, and furnishing necessary documentation for streamlined payment facilitation. Investigate short payments and discrepancies as needed, taking corrective actions to rectify situations.