Wire & Treasury Specialist (Finance)

The Wire Specialist will report to the Controller, 1031 Exchanges in the Accruit Finance and Operations department. This role is responsible for opening customer accounts, applying incoming funds, initiating outgoing wires, serving as a backup wire approver, and assisting with daily master reconciliations, to ensure adherence to department policies and procedures.

• Responsible for opening new client accounts (30+ a day) and closing accounts.
• Apply incoming wired funds to customer accounts and follow up on any unapplied funds in a timely manner.
• Assist in confirmation of wiring instructions.
• Initiate wire disbursements (30+ wires a day) and ensure all outgoing wires are accurate and include appropriate information. Individual wires can be +$50M.
• Serve as a back-up approver for wire disbursements for wires set up by other team members.
• Prepare outgoing checks for signature.
• Work closely with banking partners (5 banks currently) when issues arise on the banking side.
• Perform daily master bank reconciliations and end of day balance reporting as needed.
• Assist in the development and adherence of policies and procedures to maintain the integrity of the disbursement process.
• Assist in pulling client fees from client bank accounts.
• Assist with client questions and preparing back-up support as needed.
• Working closely with the Operations team to ensure funds are applied and accounted for appropriately.
• Performing additional tasks or responsibilities as needed by the company.