Operations Analyst 1 – Reconciliation Team

Huntington National Bank•Cincinnati, OH

3d•$21 - $34•Onsite

About The Position

The Operations Analyst 1 on the Reconciliation Team coordinates and resolves daily reconciliation and process questions and issues. The role collaborates with colleagues across departments to ensure transactions are processed accurately and contributes to departmental and company goals in a positive, engaged team environment. The position prepares general ledger entries and validates and reconciles transactions processed in servicing software to the general ledger in accordance with the Account Reconciliation Policy. It identifies out-of-balance situations, applies knowledge of systems and accounting policy to resolve them, and determines steps to help prevent recurrence. Responsibilities may also include general ledger reconciliation, managing passthrough payments to investors and business partners, facilitating billing of subsidies due on transactions, communicating serviced transaction details to internal and external customers, and preparing settlements with investors and business partners. The analyst serves as a liaison for internal and external regulatory and compliance exams and gathers requested information. The role follows internal controls, policies, and procedures; uses critical thinking and judgment to make decisions independently; and identifies when higher-level decision authority is needed. As a change ambassador, the analyst participates proactively in Operations projects and initiatives to improve team effectiveness and overall company performance. The position is office-based. Certain positions outside the branch network may be eligible for flexible arrangements combining in-office and work-from-home work; specific arrangements are provided by the hiring team. Compensation is $21.00–$34.00 per hour, with eligibility to participate in an applicable incentive compensation plan. Huntington also offers benefits including health insurance coverage, a wellness program, life and disability insurance, a retirement savings plan, paid leave programs, paid holidays, and paid time off.

Requirements

Associate degree in Accounting or equivalent work experience.
Strong PC skills, including experience with MS Office applications such as Excel and Word, and Adobe.
Demonstrated analytical problem-solving and troubleshooting skills.
Excellent written and verbal communication skills.
Ability to multitask in a deadline-driven, fast-paced environment while delivering superior customer service.
Ability to make sound, responsible decisions in a timely manner.

Nice To Haves

At least 3 years of industry-related work experience.
Previous experience in the equipment finance industry.
Previous experience with InfoLease.

Responsibilities

Coordinate and resolve reconciliation and process questions and issues daily.
Collaborate with colleagues across departments to ensure accurate transaction processing.
Prepare general ledger entries and validate and reconcile transactions processed in servicing software to the general ledger in accordance with the Account Reconciliation Policy.
Identify out-of-balance situations, determine resolutions using knowledge of systems and accounting policy, and identify steps to prevent recurrence.
Manage communications with relevant parties to resolve reconciling items using system notes and other forms of communication.
Perform general ledger reconciliation and, as applicable, manage passthrough payments to investors or business partners and facilitate billing of subsidies due on transactions.
Communicate serviced transaction details accurately and promptly to internal and external customers.
Prepare settlements with investors and business partners.
Serve as a liaison for internal and external regulatory and compliance exams and gather information when requested.
Follow internal controls, policies, and procedures when completing assigned duties.
Make independent decisions using critical thinking and judgment, and identify when higher-level decision authority is required.
Participate proactively in Operations projects and initiatives to improve team effectiveness and company performance.