Junior Accounting Operations Specialist – Cash Application & Reconciliation

Our client is seeking a junior‑level Accounting Operations Specialist to support cash application, revenue reporting, and reconciliation activities within a highly regulated financial services environment. This role is ideal for early‑career accounting professionals who want hands‑on experience, structured training, and exposure to internal stakeholders across the organization.

You will join a small, collaborative team and play a key role in ensuring accurate financial processing and compliance.

No Visa Sponsorship | No Relocation Assistance

Contract Duration: 3 months (contract-to-hire based on performance) | W2

Work Schedule: Monday–Friday, 7:30AM–4:00PM

Location: Urbandale, IA (Hybrid – on‑site 6 days per month (every Monday and every other Thursday)) | Only candidates who currently live within a practical commuting distance or can maintain a local temporary base will be considered

Please Note: This position requires a comprehensive background check and fingerprinting as part of the pre‑employment process. Candidates must be comfortable completing all compliance steps prior to onboarding.

Responsibilities:

• Follow up on broker‑of‑record changes with external partners.
• Respond to audit requests (FINRA, SEC, AML, internal audits)
• Clear unapplied or unidentified cash and ensure accurate allocation.
• Apply fees and other payments within internal accounting systems.
• Prepare reconciliations between bank receipts and cash postings.
• Maintain and update carrier, client, and policy information to support efficient commission processing.
• Research and resolve reconciliation discrepancies between internal systems.
• Support revenue reporting activities and investigate missing commissions.
• Assist with onboarding new business or acquisitions into internal platforms.
• Collaborate with internal stakeholders at various levels to resolve issues and maintain data accuracy.

Qualifications (Must-Haves)

• Proficiency in Microsoft Excel.
• High attention to detail and accuracy.
• Strong written and verbal communication skills.
• Bachelor's degree in Accounting, Finance, or a related field.
• 1–2 years of experience in accounting, finance, cash application, AR, or similar functions.
• Ability to work in a regulated environment with strict documentation standards.
• Motivated, engaged, and comfortable working both independently and within a team.

Preferred Skills:

• Familiarity with reconciliation processes or revenue operations.
• Experience in financial services, insurance, or broker‑dealer environments.