Payment Posting Specialist I

PRA Group (Nasdaq: PRAA); Norfolk (VA); On-site; USD 30,000 - 40,000; Full time

Job summary

A leading financial services company is seeking a Payment Posting Specialist I to manage payment processes and maintain accurate accounting records at their Norfolk office. The ideal candidate has an associates degree or equivalent experience, strong time management skills, and proficiency in Microsoft Excel. This is a full-time, onsite position offering an entry-level opportunity in accounting and finance.

Qualifications

• 1+ years of related experience involving payment receipts.
• Entry to moderate understanding of Accounts Receivable.
• Equivalent experience in accounting software preferred.

Responsibilities

• Perform cash application operations accurately and timely.
• Analyze and research incoming payments.
• Maintain daily balancing sheets.

Skills

Time management skills

Ability to work independently

Team-oriented

Proficiency in Microsoft Excel

Understanding of Accounts Receivable

Education

Associates degree in business or accounting

Tools

Windows 10 or higher

Microsoft Access

Microsoft Word

Microsoft Outlook

Job description

Join to apply for the Payment Posting Specialist I role at PRA Group (Nasdaq: PRAA)

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. Works with various types of payments and requires strong time management skills and the ability to work independently and in a team-oriented environment.

This position is ONSITE Mon-Fri at our Norfolk Offices.

Key Responsibilities (other duties may be assigned):

• Performs all 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.
• 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, Microsoft Excel, Access, Word, and Outlook. Equivalent accounting software experience preferred.

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 law. We are a drug-free workplace.

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 collaborates with customers to help resolve their debt.

For more information, please visit www.pragroup.com.

Additional Details:

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Accounting/Auditing and Finance