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Foundation Finance

Prime and subprime dealer installment financing

Accounts Receivable Specialist

Accounts Payable/ReceivableConfirmed live in the last 24 hours
Full-timeRothschild, WI, USA$21 - $23 /hrHybrid

About the Job

Requirements

  • An associate degree in accounting, finance, or a related field is required.
  • A minimum of two years of experience in a related field, or a combination of education and experience, is required.
  • Ability to read, analyze, and interpret common business periodicals, professional and technical journals, financial reports, policies and procedures, and applicable legal documents.
  • Ability to calculate figures in all units of measure applicable to the role, including discounts, interest, commissions, common fractions, decimals, proportions, and percentages.
  • Knowledge of the Microsoft Office suite and any applicable role-specific development or design software is required.
  • Ability to come to work promptly and regularly, take direction, work well with others, work under deadline stress, concentrate and perform accurately, and react productively to change.

Responsibilities

  • Verify, post, and process customer payments and transactions by recording checks and credit card transactions.
  • Prepare check payments for bank remote deposit processing and accurately total and record deposit amounts.
  • Facilitate returned payments by adjusting customer accounts and appropriately noting transaction details.
  • Process end-of-day dealer funding and Automated Clearing House (ACH) National Automated Clearing House Association (NACHA) bank files.
  • Reconcile daily bank activity against the general ledger, investigate variances, and remedy them.
  • Perform account and company adjustments in a timely, comprehensive, and accurate manner.
  • Research and resolve payment discrepancies and past-due amounts.
  • Investigate and analyze customer complaints and queries and propose solutions.
  • Handle customer overpayment refunds.
  • Complete dealer funding adjustments.
  • Perform other duties as assigned by management.

About the Company

Foundation Finance

Prime and subprime dealer installment financing

Foundation Finance provides installment financing to dealers and retailers in home improvement and related trades, offering both prime and subprime options and also buying and servicing retail financing portfolios. Financing is extended to end customers at the point of sale through participating dealers as installment loans, and the company may acquire and service existing portfolios. It differs from competitors by covering a wide range of industries, offering both prime and subprime options, and by providing dealer enrollment at no cost plus portfolio purchases and servicing. Its goal is to help retailers grow sales and cash flow by offering affordable store-facing financing and by managing financing assets for dealers.

Company size
Not listed
Company stage
Not listed
Total funding
Not listed
Headquarters
Rothschild, WI
Founded
2012

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