Payment Posting Specialist

PRA GROUP, INC.; Norfolk (VA); On-site; USD 20,000 - 29,000; Full time

Benefits offered by this job

Paid time off

Medical, dental, vision insurance

401k match

Life insurance

Job summary

PRA Group, Inc. is seeking a Cash Application professional to compute, classify, record and verify accounting data in a fast-paced environment in Norfolk, VA. You will manage payment receipts, deposits and posting of various payment types with accuracy and timeliness.

The role requires 1+ years in payment processing, an Associate degree or equivalent, and strong proficiency with Windows 10 and Microsoft Office. Familiarity with AR and accounting software is preferred.

Qualifications

• Associates degree in business or accounting or equivalent from two-year college or technical school preferred or the equivalent amount of related experience preferred.
• 1+ years of related experience involving payment receipts, processing and depositing payments preferred.
• Entry to moderate understanding of Accounts Receivable.
• Proficiency in Windows 10 or higher as well as with Microsoft Excel, Access, Word and Outlook.
• Equivalent accounting software experience preferred.

Responsibilities

• Compute, classify, record and verify numerical data for use in maintaining accounting records.
• Handle cash application operations including posting/processing payments (checks, money orders, bankruptcy, CCCS).
• Process additional payment types and make deposits with accuracy and timeliness.
• Analyze and research incoming payments and reconcile daily deposits and cash transactions.
• Assist in controls, balances and deposits of daily cash receipts; maintain daily balancing sheet.

Skills

Accounts receivable basics

Payment processing

Excel proficiency

Teamwork / independent work

Education

Associate degree or equivalent

Tools

Windows 10

Microsoft Excel

Microsoft Access

Microsoft Word

Outlook

Job description

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary:

Responsible for computing, classifying, recording and verifying numerical data for use in maintaining accounting records by performing the following duties. Works with various types of payments and requires strong time management skills and the ability to work independently and in a team-oriented environment. Performs all the required Cash Application operations involving payment receipt, posting/processing of received payment types (checks, money orders, bankruptcy and CCCS payments), making deposits and other duties with accuracy and timeliness. May be responsible for processing additional payment types, such as Legal Payments, MoneyGram, Western Union, Overnights Consumer Credit Counseling and NSF’s. Analyzes and researches incoming payments and reconciles daily deposits and cash transactions. Assists in controls, balances and deposits of daily cash receipts. Maintains/completes user daily balancing sheet.

Professional Experience/Qualifications:

• Associates degree in business or accounting or equivalent from two-year college or technical school preferred or the equivalent amount of related experience preferred.
• 1+ years of related experience involving payment receipts, processing and depositing payments preferred.
• Entry to moderate understanding of Accounts Receivable.
• Proficiency in Windows 10 or higher as well as with Microsoft Excel, Access, Word and Outlook.
• Equivalent accounting software experience preferred.

Salary Range:

$14.23 - $21.35 PRA Group has an effective process for assessing market data and establishing ranges to ensure we remain competitive. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, specific working location and market position. This posted salary range is a good faith and reasonable estimate, and PRA Group reserves the right to adjust this range depending on the qualifications and location of the selected candidate. In addition to base salary, PRA may offer additional benefits to include performance based bonus programs and/or equity programs depending on the position.

Benefits:

PRA offers paid time off, medical, dental, vision, 401k match, life insurance, and other benefits to assist with the physical and mental wellbeing of our employees.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law.

We are a drug free workplace.

To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status.

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt.

For more information, please visitwww.pragroup.com.