Reconciliation Analyst II
Sign up free to see how well your resume matches this role.
What you'll do
- Performs complex operational account reconciliations using automated reconciliation systems.
- Performs manual reconciliations related to receivables, payables, various suspense and in-process accounts, due-from accounts, and bank-controlled deposit accounts using the Oracle reconciliation system.
- Balances subsidiary ledger systems for deposits, loans, and investments to the associated general ledger control accounts.
- Researches, tracks, and resolves all out of balance conditions and works with appropriate bank personnel to resolve differences.
- Mentors entry level team members.
- Supports internal and external auditors.
- Assists management in developing reconciliation procedures for new processes as the need arises.
- Maintains up-to-date procedure documents related to account reconciliations.
- Performs other assignments and projects as assigned by management.
What they're looking for
- High School Diploma or General Education Degree (GED) required
- 4-6 years accounting or related experience required
- Keyboarding and 10-key skills are essential.
- Computer experience with Internet, Microsoft Word, and Microsoft Excel.
- Good reasoning ability.
- Understanding of basic accounting concepts.
- Capable of working independently and in a group setting.
- Ability to communicate effectively by phone and email.
- Attention to detail and a general understanding of accounting concepts are required to successfully perform the duties of this position.
Nice to have
- Bachelor's Degree in Accounting, Finance, or related field preferred
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
This position is located at our Billings, MT Downtown Tower.
What’s Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.
- Generous Paid Time Off (PTO) in addition to paid federal holidays.
- Child Care Assistance Program for eligible dependent(s).
- Exercise reimbursement program for employees.
- The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.
We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.
SUMMARY
The Reconciliation Analyst II is responsible for performing general ledger and bank-controlled deposit account reconciliations, reporting any out of balance conditions immediately, and working with appropriate bank personnel to resolve issues.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Performs complex operational account reconciliations using automated reconciliation systems.
- Performs manual reconciliations related to receivables, payables, various suspense and in-process accounts, due-from accounts, and bank-controlled deposit accounts using the Oracle reconciliation system.
- Balances subsidiary ledger systems for deposits, loans, and investments to the associated general ledger control accounts.
- Researches, tracks, and resolves all out of balance conditions and works with appropriate bank personnel to resolve differences.
- Mentors entry level team members.
- Supports internal and external auditors.
- Assists management in developing reconciliation procedures for new processes as the need arises.
- Maintains up-to-date procedure documents related to account reconciliations.
- Performs other assignments and projects as assigned by management.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
KNOWLEDGE, SKILLS AND ABILITIES
- Keyboarding and 10-key skills are essential.
- Computer experience with Internet, Microsoft Word, and Microsoft Excel.
- Good reasoning ability.
- Understanding of basic accounting concepts.
- Capable of working independently and in a group setting.
- Ability to communicate effectively by phone and email.
- Looking for a professional, self-driven/motivated, pleasant individual.
- Highly competent in communicating, leading, problem solving and team building.
- Capable of understanding a broad range of bank processes, preparing and properly documenting reconciliations in various formats, and communicating effectively with individuals at all levels throughout the organization.
- Attention to detail and a general understanding of accounting concepts are required to successfully perform the duties of this position.
EDUCATION AND/OR EXPERIENCE
- High School Diploma or General Education Degree (GED) required
- Bachelor's Degree in Accounting, Finance, or related field preferred
- 4-6 years accounting or related experience required
PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
- Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
- Lifting - Occasionally (up to 10 lbs)
- Sitting - Frequently
- Noise Level - Moderate
- Typical Work Hours - M-F (8-5)
- Regular and Predictable Attendance - Required
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
Company
Company facts come from this company's own listings. We only show what the postings themselves carry.