Bank Reconciliation Analyst

Sr. RECONCILIATION ANALYST

We are seeking a detail-oriented professional with strong Excel and interpersonal skills to work closely with professionals across the company to reconcile large volume bank accounts as well as other critical responsibilities.

RESPONSIBILITIES

The responsibilities include, but are not limited to:

• Reconciling a large volume of bank accounts using a computer reconciliation program.
• Completing monthly Bank Reconciliations for escrow’s accounts, recording adjusting entries, monitoring cash balances, and following up with attorneys when needed.
• Working with the Accounts Receivable, Accounts Payable, and Cash Management departments to investigate and resolve outstanding reconciliation items and provide regular reporting updates to the supervisor with respect to findings and overall progress.
• Assisting the banking relations manager with new account functions, which include preparation of banking papers for signature, obtaining signatures, and requesting bank services.
• Researching and completing the "Know Your Customers" requirement paperwork for the banks
• Communicating and interacting with bank representatives to confirm that bank services are added to new accounts and be a point of contact for all banking needs.
• Entering new bank account information into our Kyriba platform and ensuring daily transmission of services has started.
• Notifying the accounting department of a new account and its function, such as operating, lockbox, debt service, or money market account.
• Reviewing, allocating, and submitting bank fee reimbursements for each bank on a quarterly basis.
• Maintain a detailed record of managed accounts and assist with account openings.
• Examine outside agent accounts and ensure policies and procedures are adhered to.

REQUIREMENTS

Required skills and other personal characteristics.

• BS or associate degree in accounting is preferred.
• A minimum of 3 years of accounting experience
• Proficiency in Word and Excel is a must.
• detail-oriented and strong communication skills
• Account reconciliation experience is preferred.
• Experience with MRI is a plus.
• Experience with Kyriba is a plus.

Job Type: Full-time

Pay: $65,000.00 - $80,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• Bank reconciliation: 2 years (Preferred)
• Accounting: 3 years (Preferred)
• Microsoft Excel: 2 years (Preferred)
• MRI: 1 year (Preferred)
• Kyriba: 1 year (Preferred)
• Journal Entries: 2 years (Preferred)

Work Location: In person