Job Description:
Role/Title: Sr. Finance Specialist Controllership – Client Settlement (L07)
Role Summary/Purpose:
- Perform daily client funding and ensure that all clients are funded timely and accurately.
- Perform daily and monthly account reconciliations for Client Settlement financial activity in accordance with GAAP and SYF accounting policies.
- Perform ad hoc tasks as requested, including but not limited to Audit request, SOX requests, testing of new processes, and updating procedure manuals.
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Essential Responsibilities:
- Prepare journal entries timely and accurately.
- Handle issue resolutions for internal and external clients.
- Responsible for non-funding client settlement activities to include merchant adjustments, cardholder research of suspense items, etc.
- Prepare wire requests for off cycle payments to merchants, tax jurisdictions, etc.
- Responsible for performing monthly analytical review of Settlement general ledger accounts.
- Perform account reconciliations to ensure accuracy of account balances and timely clearing of reconciling items.
- Provide support during audits.
- Responsible for maintaining a thorough understanding of the end-to-end business process, including transaction flow, key systems, and all sources which impact general ledger accounts.
- Create and present weekly / monthly dashboards.
- Incorporate business policy changes into existing processes and update documentation (job aids and training documents) as needed.
- Identify areas for process and productivity improvements.
- Perform other duties and special projects as needed.
Qualifications/Requirements:
- Bachelor’s degree in accounting or finance
- 1-2 years of accounting experience
- Excellent communication skills – both oral and written
- For Internal Applicants:
- Understand the criteria or mandatory skills required for the role, before applying.
- Inform your manager or HRM before applying for any role on Workday.
- Ensure that your Professional Profile is updated (fields such as Education, Prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
- Must not be any corrective action plan (First Formal/Final Formal, PIP)
- Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.
Desired Characteristics:
- Excellent analytical and problem-solving skills.
- Software Skills (Excel, Word, PowerPoint)
- Excellent organization and follow up skills.
- Ability to execute in a fast-changing environment.
- Demonstrated commitment to quality and customer service.
- Experience with existing financial system a plus (Blackline, Oracle, etc.)
- Experience with settlement systems such as MBS, CMOD, TRAMS, SNSS a plus
- Experience in FDR
- Prior banking experience
Grade/Level: 07
Job Family Group:
FinanceSkills Required
- Bachelor's degree in accounting or finance
- 1-2 years of accounting experience
- Excellent communication skills - both oral and written
- Excellent analytical and problem-solving skills
- Software Skills (Excel, Word, PowerPoint)
- Experience with existing financial system a plus
- Prior banking experience
Synchrony Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Synchrony and has not been reviewed or approved by Synchrony.
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Parental & Family Support — Parental leave is described as extensive, with long paid leave for birthing parents and additional paid leave for all new parents. Backup childcare and eldercare options provide practical support for caregiving needs.
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Wellbeing & Lifestyle Benefits — Well-being offerings are broad, spanning integrated wellness tools, dedicated well-being coaches, and an enhanced assistance program. Reimbursements for activities like fitness apps, swimming lessons, art classes, and meditation, along with pet telehealth and adult orthodontia, reinforce lifestyle support.
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Fair & Transparent Compensation — Pay practices emphasize pay equity across gender and race and a high wage floor for U.S. hourly roles. These signals aim to underpin fairness in base compensation across the organization.
Synchrony Insights
What We Do
At Synchrony (NYSE: SYF), we’re changing what’s possible for people and businesses every single day. From offering financing options to creating innovative tech, we help make shopping go smoothly across a variety of industries, like retail, auto, travel and home. Synchrony is one of the largest issuers of store credit cards in the United States. We help consumers pay over time for important expenses, issue co-branded cards for small- and medium-sized business credit products, as well as offer consumer savings products through Synchrony Bank. So, how can we change what’s possible for you?
