Biz2Credit | Finance Associate | noida
2 months ago
About Us:
Founded in 2007, Biz2Credit is rated as the Number 1 small business financing resource in the U.S. by Entrepreneur Magazine. To date, we've facilitated more than $8 billion in small business funding.
Biz2Credit, an all-in-one financing solution for entrepreneurs to get small business funding with fast approval process. Explore the best small business financing options with us
Biz2X is the technology platform that has helped Biz2Credit become the premier alternative funder for small businesses. Now, traditional banks are leveraging our expertise and experience to automate small business lending. Biz2X allows banks to implement AI-powered digital banking. This allows bank clients to have a fully omnichannel experience with data and workflows that adapt seamlessly to the bank’s core banking systems.
Biz2X platform’s world-class risk solutions are based on AI algorithms that enable auto decision-making and quick processing. Biz2X is “One Platform That Does It All” - automates lending, optimizes risk management, and improves operational efficiency.
About this role:
The Associate will play a critical role in maintenance and reconciliation of books and will assist with loan setups and ad hoc reports required by management. This position will have significant growth potential in responsibilities as the company grows.
Responsibilities:
Overall, the individual will assist with the following:
- Assist in setting up the deal in platform for various products which would require in-depth understanding of each product
- Reconcile daily bank activity and part of client loan servicing and maintenance
- Maintain sub-ledger accounting for client portfolios
- Track and modify loan payments, as necessary
- Knowledge of the Customer contracts
- Responsible for providing MCA statements, zero balance request and payoff letter request
- Verifying the outstanding quoted in statements with that of actual balance as per platform
- Maintain Corporate books - post revenue and expense related journal entries into the accounting system and review payments
- Remit funds to borrower through NACHA
- Understanding of the Lending history
- Ability to handle large volumes of transactions
Requirements:
- 3+ years’ experience in accounting/ reconciliation/ deal set up/ payment or wire processing.
- Educational background - Degree in Accounting / Finance like BCOM(H), M Com, MBA
- Knowledge and application of US generally accepted accounting principles (GAAP) is preferred
- Strong Excel skills needed like pivot tables, v-look ups, Finance functions etc.
- Financial modeling/ SQL- technical skills preferred
- Eye for details with analytics skills are must
- Good communications skills
- Must work in US hours
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