Programmer analyst serp_jobs.h1.location_city

Reconciliation Analyst (Temporary)

The Reconciliation Analyst performs reconciliation of a large number of deposit, loan, and payments assets, liability, income, and expense accounts to general ledger, including but not limited to several significant accounts : Loan Control, Loans in Process, Loan Payments in Process, investor accounts, disbursement accounts, Bank operating checking accounts established for Lending & Deposit functions, Deposit Control, CD Control, Teller Cash & ATM reconciliation. The accounts are managed using Prologue, Frontier, FIS IBS Core, reports and spreadsheets. The Bank reconciliation process is a two-step process and involves transaction matching (Bank Records versus system Records) in the first step and matching subsystems and general ledger balances in the second step. Customized reports are used to facilitate the reconciliation process. Final reconciliation with the GL requires a validation of system loan, deposit and payments balances as based on the subsystem data against total cash balances in the GL. Analyst ensures assigned reconciliation are completed on time and accurately reporting outages or balancing delays to management as well as investigating and clearing reconciling items.

Qualifications :

• Bachelor's degree in Business Administration, Operations Management, Accounting, or related field preferred.
• 1 -2 years of experience required, preferably in accounting, treasury or banking with an emphasis of loan accounting, financial controls and systems. Knowledge of banking functions and operations.
• Understanding of bank reconciliation process and reports
• Understanding of bank controls and segregation of duties
• Understanding of entries in the GL versus the subsystems and their impact on the reconciliation process
• Demonstrate the ability to analyze differences, perform investigations, and summarize results for reconciling items. Able to work independently and exercise a high degree of initiative.
• Demonstrate the required skill to perform detailed work accurately and promptly too, ability to identify errors, handle sensitive information, and work to deadlines
• Exemplify good communication skill and ability to communicate professionally with others both verbally and in writing
• Display ability to work as part of a team to achieve goals
• Display problem-solving skill even under stressful conditions and deadlines
• Proficiency in Microsoft Office applications like Microsoft Word, Excel, and PowerPoint
• Flexible schedule required with ability to work during hours of operations, including weekends and occasional non-bank operational hours

Essential Job Functions :

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