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Finance & Accounting Associate

Job Title: Finance & Accounting Professional

Position Type: Full-time

Start Day: June 2017

Location: New York, NY (Midtown, must be able to come in for face-to-face interview)

Summary:

Universal Processing New York office is seeking a detailed-oriented and passionate bookkeeper to assist the Finance & Accounting team with finance and payroll projects. The ideal candidate needs to be comfortable in an entrepreneurial and fast-paced working environment, and willing to take initiative to tackle current obstacles in finance and accounting area of the company to improve efficiency

Job Duties:

  • Maintain company bank accounts by verifying, allocating and posting transactions to monthly report
  • Monitor bank accounts and conduct monthly reconciliation of bank accounts
  • Assemble information for internal accounting and financial use, and external auditors when needed
  • Prepare payroll reports such as tier reports, renewal & closure reports, adjustment reports and other reports directly related to payroll processing
  • Process payroll-related employee information, and enter into the payroll systems and internal records
  • Process payroll by using internal database, computing bonus, closure deduction, true-ups/true-downs, residuals and adjustment
  • Answer payroll questions from employees and agents; provide information to employees, agents, and managers on payroll matters and taxation issues
  • Serve as the point of contacts between the organization and payroll processing companies and CPA accountants
  • Compile statistical reports, statements, and summaries related to payroll and taxation accounts, and submit them to appropriate departments
  • Balance general ledger and prepare company account cash flow statements to monthly income statement
  • Analyze current payment processing situations of potential clients by interpreting processing statements for the corresponding sales representatives; analyze potential clients’ statements and tracing them against comparable statements from past deals
  • Respond to clients about payment processing statements and recommend pricings when needed
  • Keep informed about changes in corporate tax and individual income tax regulations that apply to the payroll process
  • Utilize statistics and principles of accounting and finance to analyze the past and present financial operations and perform forecasting
  • Estimate future revenues and expenditures; assist in preparing departmental budgets and cost control
  • Assist in planning and implementing department goals and makes recommendations to management to improve efficiency effectiveness
  • Assist in finance, accounting, and payroll related projects or tasks as assigned
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