Merchant Accounting Analyst

Title

Merchant Accounting Analyst

Finance & Accounting

Reports To

Accounting Manager, Merchant Accounting

Position Overview

We are looking for a detail-oriented and analytical individual to join our team as a Merchant Accounting Analyst. In this role, you will be responsible for analyzing residual reporting, including trends in profitability, margin, pricing, and processing volumes to ensure accurate payment. You will also prepare journal entries for revenue and accruals, calculate commission payouts for agents, and support the annual year-end external audit process. Additionally, you will handle the reconciliation of bank and balance sheet accounts and provide accurate data summaries and reports as required.

As a Financial Analyst, you will have the opportunity to leverage your expertise in data analysis and finance to contribute to various key financial processes. The role requires a strong attention to detail, excellent analytical skills, and the ability to collaborate with other teams to ensure smooth and efficient financial operations. The ideal candidate will be proactive in problem-solving, process improvement, and capable of working effectively under pressure to meet deadlines.

What We're Obsessive About

• Small teams, big things: We'll convey the outcomes our merchants require, provide you with the support and tools to succeed, and let you work your magic, with no needless processes to get in your way.
• Develop, grow, thrive: We promote a philosophy where you can develop and grow as an individual and team. We encourage you to approach problems uniquely, try new techniques, learn from your colleagues and master your craft.
• Real people, real problems: We develop solutions to our merchants' real-world challenges. Our Team Members collaborate to build the right things the right way. We are inquisitive about how things work and believe that sharing ideas and insights leads to better, more innovative products.
  
  

Duties And Responsibilities

• Analyze residual reporting, including trends and fluctuations in profitability, margin, pricing, and processing volumes, to ensure accurate payment.
• Prepare and enter journal entries for revenue and accruals, including intercompany.
• Calculate residual commission payouts for agents and prepare commission bill uploads.
• Annual year end external audit preparation and support.
• Reconcile relevant bank and balance sheet accounts.
• Collect, summarize and organize data.
• Other ad hoc requests and projects as needed
  
  

Qualifications

• 1-3 years of experience in finance, accounting or data analysis.
• Bachelor’s degree in finance, accounting, data analytics or similar field or equivalent experience.
• Excellent Microsoft Excel Skills, including advanced functions and data analysis.
• Experience using other database software such as Microsoft Access preferred.
• Strong analytical and mathematical skills.
• Excellent organizational skills and a keen attention to detail.
• Critical thinking and problem-solving skills and a passion for process improvement.
• Strong interpersonal skills and the ability to work well under pressure, managing competing priorities and meeting deadlines.
• Experience in the payment processing industry preferred.
  
  

Travel Component

Working Conditions

• Extensive desk-based work involving prolonged periods using a computer and sitting for extended periods
• Frequent interaction with team members, management, agents, Business Development Managers (BDMs), and external partners to facilitate smooth operations and collaborations
  
  

Job Classification

• Exempt
  
  

At Payroc, we are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements, and individuals’ qualifications without regard to race, color, religion, national origin, sex, age, physical, mental, or sensory disability, sexual orientation, or any other status protected by the laws and regulations in the locations where we operate. Payroc does not tolerate discrimination or harassment based on any of these characteristics.

Payroc is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, contact the Human Resources Department at HR@payroc.com.