Operations Accounting & Reconciliation Specialist

Herring Bank•Amarillo, TX

13h•Onsite

About The Position

Herring Bank is seeking a detail-oriented and analytical Operations Accounting & Reconciliation Specialist to join our team! This position plays a critical role in maintaining the accuracy and integrity of the Bank's financial operations. The ideal candidate will have experience in bank operations, accounting, reconciliations, and cash management, with a strong understanding of internal controls and regulatory compliance. This role serves as an independent control point between Bank Operations and Accounting, ensuring transactions are accurately recorded, reconciled, reviewed, and approved.

Requirements

Associate's degree in Accounting, Finance, or a related field; equivalent education and experience will be considered.
Minimum of 3 years of experience in bank operations, bank accounting, or reconciliations.
Strong understanding of general ledger accounting, debits and credits, and financial reconciliation processes.
Advanced Microsoft Excel skills, including pivot tables, lookups, and reconciliation templates.
Excellent analytical, organizational, and problem-solving abilities.
Strong attention to detail and ability to meet daily deadlines.
Effective written and verbal communication skills.

Nice To Haves

Bachelor's degree in Accounting, Finance, or a related field.
Experience with GL and DDA reconciliations, settlement balancing, and Federal Reserve account balancing.
Experience with cash management, cash ordering, vault operations, or cash-intensive customers.
Familiarity with banking core processing systems and reconciliation software.

Responsibilities

Monitor daily cash positions, coordinate cash orders and shipments, and support cash management activities.
Perform daily and monthly general ledger (GL) and deposit (DDA) account reconciliations.
Research and resolve reconciliation discrepancies, outstanding items, and out-of-balance conditions.
Prepare and review adjusting and correcting entries with appropriate documentation and approvals.
Reconcile daily settlement activity, including ACH, wire transfers, debit cards, ATMs, remote deposits, and check clearing.
Balance Federal Reserve accounts and investigate settlement discrepancies.
Conduct independent reviews and approvals of end-of-day balancing activities, including branch, teller, and vault transactions.
Maintain accurate reconciliation records and supporting documentation for audits and regulatory examinations.
Identify operational risks, control weaknesses, and opportunities for process improvements.
Collaborate with Operations, Accounting, Treasury, and other departments to resolve discrepancies and ensure compliance with Bank policies and applicable regulations.