Finance Operations Coordinator
11 hours ago
About Us:
Biz2Credit, a leading small business financing platform, has been rated as the Number 1 small business financing resource in the U.S. by Entrepreneur Magazine. Since its inception in 2007, we have facilitated more than $8 billion in small business funding.
Our all-in-one financing solution empowers entrepreneurs to secure small business funding with a fast approval process. Explore our best small business financing options today.
Biz2X: The Technology Platform
Biz2X is the technology platform that has enabled Biz2Credit to become the premier alternative funder for small businesses. We are now working with traditional banks to automate small business lending using our expertise and experience. Our platform allows banks to implement AI-powered digital banking, providing a seamless omnichannel experience for their clients.
About this Role
The Associate will play a critical role in maintaining and reconciling books, as well as assisting with loan setups and ad hoc reports required by management. This position offers significant growth potential as the company expands.
Responsibilities:
- Assist in setting up deals in the platform for various products, requiring an in-depth understanding of each product.
- Reconcile daily bank activity and participate in client loan servicing and maintenance.
- Maintain sub-ledger accounting for client portfolios.
- Track and modify loan payments as necessary.
- Knowledge of customer contracts.
- Responsible for providing MCA statements, zero-balance requests, and payoff letters.
- Verify outstanding balances stated in statements with actual balances as per the platform.
- Maintain corporate books by posting revenue and expense-related journal entries into the accounting system and reviewing payments.
- Remit funds to borrowers through NACHA.
- Understanding of lending history.
- Ability to handle large volumes of transactions.
Requirements:
- 3+ years of experience in accounting/reconciliation/deal setup/payment or wire processing.
- Educational background - Degree in Accounting/Finance (BCOM(H), M Com, MBA).
- Knowledge and application of US generally accepted accounting principles (GAAP) is preferred.
- Strong Excel skills, including pivot tables, v-lookups, and finance functions.
- Financial modeling/SQL technical skills preferred.
- Eye for detail with analytics skills required.
- Good communication skills.
- Must work in US hours.
We offer a competitive salary of around $80,000 per year, commensurate with experience. If you're passionate about finance and eager to grow your career, we encourage you to apply.
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