Settlement Analyst / Accounting Associate II

Exciting Opportunity! We are currently looking for an Settlement Analyst / Accounting Associate II for the location Milwaukee, WI. (Hybrid) This is a 12 months contract Job and Please find the job descriptions below.

Note: " Applicants must be authorized to work for any employer in the location of this role. We are unable to sponsor or take over sponsorship of employment visas at this time. "

Summary:

Position Overview

We are seeking a detail-oriented Settlement Analyst / Accounting Associate II to support settlement operations, account reconciliations, cash management activities, and transaction processing. This role is ideal for candidates with banking, settlement operations, accounting, or financial services experience who enjoy problem-solving, analyzing variances, and working independently in a fast-paced environment.

Key Responsibilities

• Perform settlement reconciliations and balancing activities.
• Prepare and complete cash and balance sheet account reconciliations.
• Record and maintain general ledger journal entries.
• Monitor and process payments and payment files in accordance with established procedures.
• Research and resolve discrepancies, out-of-balance conditions, and transaction processing issues.
• Analyze settlement data and provide concise explanations for variances and fluctuations.
• Partner with internal teams, clients, and service providers to resolve operational issues.
• Support ongoing process improvements and operational efficiencies.

Required Qualifications

• Bachelor's degree or equivalent combination of education and experience.
• Minimum 2 years of experience in :
• -> Settlement operations
• -> Banking operations
• -> Accounting or finance-related roles
• Strong understanding of:
• -> Account reconciliation and balancing processes
• -> Cash management
• -> Financial analysis
• -> Banking transactions including ACH, wires, debit card, and credit card processing
• Advanced proficiency with Microsoft Excel and Microsoft Office Suite.
• Experience with accounting systems such as Oracle is a plus.

Desired Skills

• Exceptional attention to detail and accuracy.
• Strong analytical and problem-solving abilities.
• Ability to work independently while knowing when to escalate questions or concerns.
• Ownership mentality with a proactive approach to issue resolution.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and meet deadlines.
• Collaborative team player with a continuous improvement mindset.

What the Hiring Manager Is Looking For

The ideal candidate will demonstrate:

• Strong reconciliation and settlement experience.
• Solid understanding of banking transactions and payment processing.
• High attention to detail.
• Ability to follow clear direction while working independently.
• Ownership and accountability for assigned work.
• Strong problem-solving and critical-thinking skills.
• Willingness to ask questions and proactively resolve issues