Reconciliation Specialist - Deposit Operations

Valley Bank • Belleville, NJ

13d

About The Position

The Reconciliation Specialist will be responsible for performing regular reconciliations of bank statements, accounts, and ledgers to identify discrepancies and ensure accuracy in financial reporting. This role involves investigating and resolving discrepancies in a timely manner, collaborating with internal teams, and preparing and reviewing daily, monthly, and quarterly account reconciliations. The specialist will also work with senior team members to streamline reconciliation procedures and enhance efficiency.

Requirements

• Proficiency in Microsoft Excel, including pivot tables and VLOOKUP functions.
• Familiarity with accounting software such as SAP
• Experience with financial databases and reporting systems.
• Excellent verbal and written communication. Ability to write correspondence and present information to peers and management.
• Strong analytical, problem solving, and decision-making skills to effectively uncover and resolve issues.
• Detail oriented, strong organizational skills, and high degree of accuracy. Ability to handle multiple projects simultaneously.
• High School Diploma/GED and a minimum of 3 years of experience in Finance or Accounting.

Nice To Haves

• FIS/IBS (Integrated Banking Solutions).
• Associate or bachelor's degree in a related field.

Responsibilities

• Perform regular reconciliations of bank statements, accounts, and ledgers to identify discrepancies and ensure accuracy in financial reporting.
• Investigate and resolve discrepancies in a timely manner, collaborating with internal teams to gather necessary information and documentation.
• Preparation and review of daily, monthly, and quarterly account reconciliations to ensure accuracy and completeness.
• Collaborate with senior team members to streamline reconciliation procedures and enhance efficiency.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED