[Remote] Payment Operations Specialist at Restaurant365

Remote

Restaurant365 Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • 3-5+ years of experience in banking, payroll, finance, accounting, or a related field (or equivalent work experience)
  • Attention to detail and a high degree of accuracy
  • Strong problem-solving and customer service skills
  • Excellent critical thinking skills
  • Solutions-oriented mindset with ability to articulate under pressure
  • Effective communication skills, both written and verbal
  • Strong technical aptitude with experience communicating across multiple platforms
  • A passion for helping people get the most out of technology

Responsibilities

  • Initiate and process ACH transactions, including payroll direct deposits, vendor payments, bill payments, garnishments, and other items in accordance with established procedures and deadlines
  • Stay up to date with ACH rules and regulations, ensuring that all ACH transactions comply with NACHA guidelines and other applicable regulations
  • Investigate and resolve ACH transaction exceptions, including returns, reversals, and corrections, while maintaining accurate records and documentation
  • Utilize payroll software to process and manage payroll transactions efficiently
  • Review ACH transactions for accuracy, completeness, and compliance with ACH rules before they are submitted for processing
  • Investigate and resolve any payroll discrepancies, payment errors, or other issues promptly
  • Assist customers, both internal and external, with ACH-related inquiries, issues, and troubleshooting
  • Generate and review reports, reconciling transactions with bank statements and resolving discrepancies
  • Ensure the security and confidentiality of ACH transaction data, taking measures to safeguard sensitive financial information
  • Identify opportunities to automate payroll processes and improve efficiency
  • Provide training and support to colleagues and employees on ACH and payroll-related matters
  • Maintain documentation of processes, procedures, and standard operating instructions
  • Monitor for potential ACH fraud and take necessary precautions to mitigate risk. Collaborate with the security and fraud prevention teams as needed
  • Assist in internal and external audits by providing payroll records and documentation as needed
  • Perform other duties as assigned

Restaurant365

Comprehensive restaurant management software platform

About Restaurant365

Restaurant365 offers a software platform that helps manage various aspects of restaurant operations, including accounting, inventory, labor tracking, and scheduling. The subscription-based service connects to point of sale (POS) systems to gather sales and labor data, which aids in creating accurate financial records and optimizing performance. It provides real-time tracking tools for performance insights and simplifies administrative tasks, allowing managers to focus on guest experiences. With a strong partner ecosystem of over 400 vendors, Restaurant365 supports restaurants in improving their operations and efficiency.

Irvine, CaliforniaHeadquarters
2011Year Founded
$425.6MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
1,001-5,000Employees

Benefits

Health Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Wellness Program

Risks

Integration challenges with new acquisitions like ExpandShare may cause inefficiencies.
Rapid expansion could strain resources and affect service quality.
Dependence on third-party integrations poses risks if partnerships change.

Differentiation

Restaurant365 offers a comprehensive, cloud-based restaurant management platform.
The platform integrates accounting, inventory, labor, and scheduling into one solution.
Restaurant365's strong partner ecosystem enhances its service offerings.

Upsides

Recent $175M funding supports product innovation and acquisitions.
Integration with AI-driven analytics enhances data insights and operational efficiency.
Growing demand for sustainability tracking presents new feature opportunities.

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