Payment Posting Specialist

Posted 2 Days Ago
Be an Early Applicant
Norfolk, VA, USA
In-Office
14-21 Hourly
Junior
Fintech • Financial Services
The Role
Process and post incoming payments (checks, money orders, bankruptcy, CCCS, Legal Payments, MoneyGram, Western Union), reconcile daily deposits, research payment discrepancies, maintain balancing sheets, and assist with cash controls and deposits. Work independently and collaboratively to ensure accurate, timely cash application.
Summary Generated by Built In

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

Responsible for computing, classifying, recording and verifying numerical data for use in maintaining accounting records by performing the following duties. Works with various types of payments and requires strong time management skills and the ability to work independently and in a team-oriented environment.
  • Performs all the required Cash Application operations involving payment receipt, posting/processing of received payment types (checks, money orders, bankruptcy and CCCS payments), making deposits and other duties with accuracy and timeliness.

  • May be responsible for processing additional payment types, such as Legal Payments, MoneyGram, Western Union, Overnights Consumer Credit Counseling and NSF’s.

  • Analyzes and researches incoming payments and reconciles daily deposits and cash transactions.

  • Assists in controls, balances and deposits of daily cash receipts.

  • Maintains/completes user daily balancing sheet.

Professional Experience/Qualifications:            

  • Associates degree in business or accounting or equivalent from two-year college or technical school preferred or the equivalent amount of related experience preferred.

  • 1+ years of related experience involving payment receipts, processing and depositing payments preferred.

  • Entry to moderate understanding of Accounts Receivable

  • Proficiency in Windows 10 or higher as well as with Microsoft Excel, Access, Word and Outlook. Equivalent accounting software experience preferred

Salary Range:

$14.23 - $21.35

PRA Group has an effective process for assessing market data and establishing ranges to ensure we remain competitive. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, specific working location and market position. This posted salary range is a good faith and reasonable estimate, and PRA Group reserves the right to adjust this range depending on the qualifications and location of the selected candidate.  In addition to base salary, PRA may offer additional benefits to include performance based bonus programs and/or equity programs depending on the position.  PRA offers paid time off, medical, dental, vision, 401k match, life insurance, and other benefits to assist with the physical and mental wellbeing of our employees.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.

To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status.

Skills Required

  • Associates degree in business or accounting or equivalent experience
  • 1+ years related experience processing payment receipts and deposits
  • Entry to moderate understanding of Accounts Receivable
  • Proficiency with Windows 10 or higher
  • Proficiency with Microsoft Excel, Access, Word and Outlook
  • Experience with equivalent accounting software
  • Strong time management skills and ability to work independently and in a team-oriented environment
  • Legally authorized to work in the United States and must not require visa sponsorship
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The Company
HQ: Norfolk, VA
1,720 Employees
Year Founded: 1996

What We Do

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business clients. Our employees around the world play a key role in shaping our identity. By doing things the right way for the right reasons, treating others with fairness and respect, and valuing diversity and inclusion, our employees will sustain us into the future. Our company culture is the foundation for everything we do. Since our founding, we have been focused on making a difference. We make it a priority to strengthen the communities where we work and live. Our employees support the mission in both time and money. To enhance that generosity, we match their contributions and we honor their civic spirit with paid time off to participate in Volunteer Days.

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