Accounts Receivable Specialist

Aston Carter - Wayne, NJ

Full-time - Entry Level

Wayne, NJ

Administrative and Support Services

About the position

The Accounts Receivable Specialist position at Aston Carter involves a range of responsibilities focused on the reconciliation of accounts and ensuring compliance with regulatory requirements. The role requires the creation and maintenance of job procedures, identifying areas for improvement in controls and procedures related to account reconciliations, and proposing effective solutions. The specialist will develop and maintain written operational procedures for all tasks performed and will cross-train to provide effective support to team members. In this role, the specialist will be responsible for obtaining and entering appropriate information into the system, as well as manipulating various Excel spreadsheets to facilitate accurate reporting. Monthly reporting from agencies, subservicers, and vendors will need to be reconciled to ensure accurate invoicing on charges related to Mortgage Servicing Rights (MSR's). The position also involves reviewing and supplementing compensatory fee appeals prepared by Bayview Loan Servicing counterparties. Data collection and analysis are critical components of this role, ensuring compliance with regulatory requirements to verify and reconcile domestic and foreign securities held at various depositories. The specialist will ensure that regulations are adhered to and that proper actions are taken to resolve issues in a timely manner. Additionally, the role includes coordinating the quarterly examination and verification of physical securities held on premises and researching resolutions for system errors that may cause stock records to be out of balance.

Responsibilities

• Create and maintain appropriate job procedures.
• Identify areas for improvement in controls and procedures related to account reconciliations and propose solutions.
• Develop and maintain written operational procedures for all tasks performed.
• Cross-train to provide effective support to team members.
• Obtain and enter appropriate information in the system and manipulate various Excel spreadsheets.
• Reconcile monthly reporting from agencies, subservicers, and vendors to ensure accurate invoicing on charges related to MSR's.
• Review and supplement compensatory fee appeals prepared by Bayview Loan Servicing counterparties.
• Perform data collection and analysis to verify and reconcile domestic and foreign securities held at various depositories.
• Ensure regulations are adhered to and proper action is taken to resolve issues in a timely manner.
• Coordinate the quarterly examination and verification of physical securities held on premises.
• Research and provide resolutions for system errors which cause stock records to be out of balance.

Requirements

• Bachelor's degree in accounting, finance, or a relevant field.
• Experience with SAP and using T-codes.
• Intermediate Excel skills, including Pivot Tables and VLOOKUPs.
• Exemplary analytical skills.