Position Summary
Complete daily/weekly balancing and reconciliations of Wholesale Vehicle (FWV) and Revolving Credit Line products (FRCL, FRCMD, and FRCW) for all DSSOs. Prepare NTL (non-Toyota-Lexus) funding and reconciliations. Process customers and dealers adjustments in an accurate and timely manner to provide customer service and ensure good business relationships with TFS Dealer Credit Operations and DSSOs. Ensure that general ledger and all reporting are properly stated for the Dealer Products portfolios, including Wholesale Vehicle (FWV) and Revolving Credit Line products (FRCL, FRCMD, and FRCW).
Essential Job Functions / Accountabilities
% of Time Spent
1. Research and reconcile transactions to ensure accuracy of entry into the general ledger. Completes daily balancing of monetary transactions for Wholesale Vehicles (FWV), Revolving Credit Lines (FRCL & FRCW), and National Accounts – Syndicated Assets (FRCMD). This includes daily balancing of cash receipts (DCRs), wire and cash disbursements and entails identifying variances and working with DSSOs to research and resolve discrepancies.
50%
2. Perform account analyses. Prepares general ledger account analyses for FWV and RCLS products. This entails ensuring that all transactions posted to the general ledger are accurate, and researching and resolving any variances between the general ledger and supporting systems.
25%
3. Perform month end close and quarter end reporting procedures. Runs appropriate host system queries and pulls appropriate host system reports for FRCL, FRCMD, and FRCW to post month end journal entries. Ensures proper amount of review time is applied to the quarter end reporting deliverables.
15%
4. Identify and implement process and system improvements - work with Supervisor and other team members to identify and resolve problems with host systems and improve efficiency and accuracy of current processes.
5%
5. Facilitate projects and initiatives - assist Supervisor and other team members in completing requests for various projects and initiatives.
5%
The following functions/accountabilities are essential for all jobs:
Other related functions/accountabilities may be assigned, but are not essential
1. Maintaining process documentation
2. Ensure supporting documentation for work performed is properly evidenced
Job details are sourced from the employer's original posting.
Open job postingAbout the company
Satnam Data Services Inc. is a Multi-National Software Development and US Staffing Company, established in 1994 in Somerset, NJ. It is a Certified Woman Owned & Minority Owned Certified Company.