Senior Settlement Operations Analyst
Company: Airlines Reporting Corporation
Location: Arlington
Posted on: January 19, 2023
Job Description:
Location: US-VA-Arlington - US-KY-Louisville - US-FL-Tampa -
US
Job ID: 2022-2231
# of Openings: 1
Category: Customer Operations and Support
About 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 requests
- Create outgoing payment file for weekly disbursement to
Airlines and reconcile with the bank
- Assist with monthly invoicing of Airlines and weekly Agent
billing
- Process 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
credits
- Prepare 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
needed
- Assist with internal and external financial and operational
audits
- Create 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 efforts
- Assist with ad hoc duties as required to support the
Setttlement Operations Team You'll Bring These Qualifications:
- Bachelor's degree preferred; equivalent work experience
considered
- 3+ years of relevant experience
- Prior experience working in an ERP accounting software
- Disciplined, motivated, self-sufficient person who is able to
work independently, manage time efficiently and prioritize
- Effective planning and organizational skills to meet
established task deadlines
- Strong attention to detail
- Ability to multitask
- Demonstrated problem-solving skills, including knowledge and
application of analytical techniques in the resolution of
operational and accounting problems
- Advanced proficiency with Excel preferred
- Exceptional Customer Service skills required
- Dedicated 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 Apply
PM21
PI200717281
Keywords: Airlines Reporting Corporation, Arlington , Senior Settlement Operations Analyst, Professions , Arlington, Virginia
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