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Payment Processor

Company Name: Kroger General Office
Position Type: Employee
FLSA Status: 8



Position Summary

Develop, enhance, own, manage and communicate all aspects of electronic transaction level reconciliation for company enterprise transactions. This includes, but is not limited to, supermarket, fuel and online card transactions processed on all company payment systems. Work with parties to ensure collection of submitted, but unpaid transactions. Research the root cause of the reconciliation variances and work with parties to resolve any systemic issues. This position is not responsible for recording the accounting entries resulting from the POS and banking process. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety.

Essential Job Functions

  • Perform the reconciliation of electronic card transactions between payment report server and third-party payment processors
  • Perform reconciliation of electronic card transactions between POS and payment report server
  • Perform reconciliation of electronic card settlement funding between bank statements and third-party payment processors
  • Establish and maintain understanding of payment processor's reporting systems
  • Complete transaction reconciliations in a timely manner by corporate financial standards
  • Keep manager updated on account reconciliations and financial impacts
  • Compare reconciliation results to over/short journal entries recorded by RASC
  • Research reconciliation variances to identify root cause and investigate any systemic issues with funds settlement
  • Research reconciliation variances to resolve unpaid items that were properly submitted
  • Establish and maintain thorough understanding of payment types accepted and how they flow to Sales Journal, General Ledger and treasury
  • Develop reconciliation process for any new payment types introduced into payment environment
  • Serve as the primary contact for accounting and bank reconciliation issues as they relate to card transactions
  • Participate as subject matter expert on project calls involving customer payment acceptance
  • Generate and maintain aging of any unpaid transactions identified during reconciliation
  • Create financial reports related to reconciliation functions
  • Travel to divisions to attend meetings
  • Must be able to perform the essential job functions of this position with or without reasonable accommodation
  • Minimum Position Qualifications

  • Bachelor's Degree in accounting or related field
  • Any experience in an accounting/controller office
  • 2+ years of experience in managing electronic payments
  • 10-key by touch, speed & accuracy
  • Advanced knowledge and experience with 3 & 4 party systems with payments
  • Advanced proficiency in Microsoft Office
  • Desired Previous Experience/Education

  • Any experience as a staff accountant, accounting supervisor, accounting manager, etc.
  • 2+ years of experience with managing a team of 10 to 20 associates
  • 2+ years of experience with general ledger accounting, monthly closing process, etc.

    Education Level: Bachelor's Desired
    Required Travel: Up to 25%
    Required Certifications/Licenses: None
    Position Type: Full-Time
     Regions: Any; General Office- Cincinnati


    Jobs at Kroger: At Kroger, we hire people who have a passion for helping others and who want to build a relationship with our Customers. No matter what stage of your career, you can build your future at Kroger. We look for people who want more, aspire to be more and work hard to achieve their goals. Our focus on keeping the Customer first is what makes us successful. As the largest traditional grocery chain in the U.S. and one of the world's largest retailers, we employee more nearly half a million Associates across 35 states. We offer many opportunities not only in our stores, but in Manufacturing, Logistics, Marketing, Finance, Human Resources, and many other fields.


    Company Overview: Kroger Family of Companies employs nearly half a million associates who serve over 11 million customers daily through a seamless shopping experience under a variety of banner names.  At The Kroger Co., we are Fresh for Everyone™ and dedicated to our Purpose: To Feed the Human Spirit®.  We are committed to creating #ZeroHungerZeroWaste communities by 2025.  Careers with The Kroger Co. and our family of companies offer competitive wages, flexible schedules, benefits and room for advancement.

     Posting Notes:  OH || Cincinnati || 1014 Vine Street || 45202 || Kroger General Office || [[mfield2]] || Accounting; Finance; Retail Operations || Employee || Exempt || Full-Time || None 

    Nearest Major Market: Cincinnati

    Job Segment: Developer, Bank, Banking, Accounting, Corporate Finance, Technology, Finance

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