Join the People Helping People

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity:

The Senior Collections Accountant will process and analyze complex information, ensuring that client, consumer, and company financial data is correctly applied and summarized in applicable systems of record and in various monthly financial reports, client trust statements, and client invoices, in accordance with established company policies.  The primary focus of this position will be overseeing the general accounting, payment processing, client trust and account reconciliation functions for TriVerity and The Loan Service Center within the Delinquency Management function at Velera.

Day in the Life:

• Contemporary knowledge of Generally Accepted Accounting Principles (GAAP), trust accounting, and payment application best practices and the ability to apply this knowledge daily.

• Manage all consumer payments and ensure systems of record are appropriately updated to reflect activity.

• Manage the client trust accounting processes to ensure consumer and client payments are correctly applied and any unreconciled issues are addressed while adhering to Federal and State Collection Laws and Guidelines and internal policies & procedures.

• Perform necessary research to determine the cause of each reconciling item and the corrective actions needed to clear each item; Maintain proper documentation for each reconciling item.

• Propose actionable plans to ensure that underlying issues causing reconciling items are permanently resolved.

• Manage accounts receivable, preparing all invoices as needed for departmental functions.

• Manage the corporate bank accounts in an accurate manner; establish control procedures to protect corporate assets and minimize any risk of financial loss.

• Responsible for ensuring compliance with established corporate standards while working to improve the efficiency and effectiveness of accounting operations.

• Reviewing and evaluating the work and performance of other employees assisting in supporting the function.

• Support Accounting leadership with the annual audit process, including preparation of financial schedules, provision of supporting documentation, and thoughtful interaction with the audit team.

• As needed, perform routine and non-routine analysis of financial data.

• Perform other duties as assigned.

Qualifications:

• Bachelor’s degree in Accounting or equivalent combination of education and experience required.

• Five (5) years' experience in a corporate accounting environment with demonstrated experience with trust accounting, payment applications and account reconciliations required.

• Public accounting experience is preferred. CPA designation is a plus. 

  

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

$60,500.00 - $77,100.00

Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions