The Director of Finance is responsible for reconciling cash receipts collected on behalf of our clients to internal reports and external applications. The goal is to ensure the accuracy of cash collection and distribution of client and company funds.
ParkMobile processes millions of transactions weekly, and settlement is an essential function to ensure the accuracy and timeliness of payments to clients and recognition of revenue and expense. The Director will create scalable processes and implement new tools to scale the settlement function through automation and process optimization.
Work with cross functional teams to design, plan, and execute settlement solutions over multiple product types, locations and clients
Design and implement daily settlement processes to reduce risks of delays, errors or fraud
Work with Finance, Implementations, Account Management, Accounts Payable, and external credit card processors to onboard clients in all relevant systems
Work with internal teams (Client Success, Implementations, Product, Development) to research and correct issues identified during reconciliation
Partner with Data and Reporting Analysts or external providers to create reconciliation reports and tools to improve settlement efficiency and validate cash collection and remittance to clients.
Support the Accounting team for revenue recognition, reporting and client payments
Own and review relationships and agreements with card networks and processors and analyze rate structure for optimum pricing. Provide necessary reports and support for incentive rebates
Performs daily three-way matching reconciliation for transactions at a client or location level: Internal reporting to external processor reporting to bank deposits. Identifies and resolves discrepancies found.
Completes month-end balance sheet reconciliations and close process for various cash and liability accounts.
Assist with annual audit and other ad hoc assignments and projects as necessary
Skills And Requirements
7+ Years of Experience in Finance/Accounting/Treasury related functions
Payment or other financial services industry background with thorough understanding of settlement workflows and key risk controls
Experience leading and managing teams and attracting top talent
Ability to design settlement systems and processes for scale
Energetic, results-oriented individual who enjoys working in a fast-paced, collaborative team environment.
Strong communication and analytical skills and driven to provide data solutions
Ability to initiate and lead projects independently, collaborate with internal and external teams to make decisions
Proficient in financial systems and tools, strong Excel skills a must.
Flexibility to work non-standard hours as necessary.
We value our employees' and are committed to their success. We are located in Midtown Atlanta near MARTA, a multitude of restaurants and within walking distance of the GA Tech Innovation Center. We offer competitive compensation and an extensive benefits package including paid time off, Company paid holidays, medical, dental and vision benefits, 401K match and company paid STD, LTD and Life Insurance. We strive to maintain a positive and fun environment for our employees, where people can learn and grow with the company.
ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America, helping millions of people easily find and pay for parking on their mobile device. The company's technology is used in over 3000 locations across the country, including 7 of the top 10 cities as well as college campuses, airports and stadiums. People can use ParkMobile solutions to quickly pay for on-street and garage parking without having to use a meter or kiosk. Additionally, ParkMobile offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro areas, allowing people to drive into the city without having to worry about finding parking. ParkMobile was recently named by Deloitte as a Technology Fast 500 winner, recognizing the fastest growing technology companies in North America. For more information, visit parkmobile.io or @ParkMobile on Twitter.