Senior Settlement Operations Analyst
Company: Airlines Reporting Corporation
Location: Arlington
Posted on: January 24, 2023
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Job Description:
Location: US-VA-Arlington - US-KY-Louisville - US-FL-Tampa -
USJob ID: 2022-2231# of Openings: 1Category: Customer Operations
and SupportAbout The Role:** ARC requires all employees to be
vaccinated against COVID-19. We will consider medical and religious
accommodations as required by law **ARC is hiring a Senior
Settlement Operations Analyst to provide support in the settlement
of over $100M in weekly Airline disbursements and daily Agency
drafts, including the collection of unpaid Airline shortages and
fees. In this role, you will work with both internal and external
customers to resolve difficult questions relating to the ARC
settlement process. You will be asked to reconcile and submit
Airline and Agent bank files and calculate and enter accounting
transactions and provide supporting documentation.What You'll Get
to Do:Prepare weekly cash settlement file, balance and verify data
for accuracy. Prepare accounting entries for deductions, shortages
and other ad hoc requestsCreate outgoing payment file for weekly
disbursement to Airlines and reconcile with the bankAssist with
monthly invoicing of Airlines and weekly Agent billingProcess
returned drafts, research the return reason, and enter details into
our accounting system. Prepare refund request for agent. Create
wire and payment requests as needed for returned creditsPrepare
weekly manual transaction reports to record the collection of
Airline shortages, fees, charges and cash reserve adjustments and
any uncollected amounts. Enter manual journal entries and clear
collected receivables and payables.Research email/phone inquiries
and provide support to internal and external customers. Assist in
the training of Airlines as neededAssist with internal and external
financial and operational auditsCreate and submit Automated
Clearing House (ACH) files on a daily basis. Verify and update
system for bank account changes.Maintain various processing and
procedural manuals and assist with the planning and testing of the
Business Continuity Plan, Disaster Recovery and Modernization
effortsAssist with ad hoc duties as required to support the
Setttlement Operations Team You'll Bring These
Qualifications:Bachelor's degree preferred; equivalent work
experience considered3+ years of relevant experiencePrior
experience working in an ERP accounting softwareDisciplined,
motivated, self-sufficient person who is able to work
independently, manage time efficiently and prioritizeEffective
planning and organizational skills to meet established task
deadlinesStrong attention to detailAbility to multitaskDemonstrated
problem-solving skills, including knowledge and application of
analytical techniques in the resolution of operational and
accounting problemsAdvanced proficiency with Excel
preferredExceptional Customer Service skills requiredDedicated Team
player What We Can Offer You:Joining ARC means joining a team that
is motivated, diverse, creative, collaborative and
solutions-oriented. We think big, embrace challenges, and explore
new ideas to lead the way for the travel industry.Our employees
value the hands-on learning and professional development
opportunities that allow them to expand their skills and grow their
career in new, dynamic ways.ARC offers WorkFlex. WorkFlex is ARC's
new work model, allowing employees in eligible roles to work
virtually without set days in the office. ARC employees can work
from the office, at home or any combination of the two. There will
be times when it is important to gather in-person and WorkFlex
employees will be expected to come into the office or another
location, when needed.We offer a highly competitive, comprehensive
benefits package so you can worry less and focus on what truly
matters.By joining ARC, you will partner with top minds in the
industry as we use data and technology to innovate how the world
travels.EOE M/F/D/V Females and Minorities Encouraged to
ApplyPM21PI200718780
Keywords: Airlines Reporting Corporation, Arlington , Senior Settlement Operations Analyst, Accounting, Auditing , Arlington, Virginia
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