Accounting Specialist, Cash Reconciliations

LPL Financial; Fort Mill, Charlotte (SC, NC); On-site; USD 25,000 - 42,000; Full time

Job summary

LPL Financial is seeking an Accounting Specialist to maintain cash accounting records across the company and subsidiaries. You will perform daily reconciliations, journal entries, and cash applications while partnering with internal teams to improve processes.

The role requires clear communication, accuracy, and the ability to handle multiple tasks in a fast-paced environment. Responsibilities cover reconciliations, reporting, audits, and close activities.

Qualifications

• Bachelor’s Degree or higher.
• 1+ years of experience in customer service or accounting support.
• Experience with ReconNet a plus.
• Experience with Oracle R12 a plus.
• Intermediate level of Microsoft Word and Excel knowledge and experience.
• Ability to work under pressure and meet tight deadlines.
• Strong communication skills and attention to detail.
• 4-year college degree with focus in Accounting/Finance/Business preferred.
• 2-3 years of cash reconciliation experience.

Responsibilities

• Complete daily BETA and Oracle cash reconciliations.
• Complete monthly account reconciliations.
• Research outstanding items with the appropriate group for timely application.
• Prepare month-end journal entries.
• Complete daily cash application.
• Prepare check exception report for management review.
• Cash Mailbox administration.
• Request returned check copies and adjustments from banks.
• Provide support to various business units regarding cash accounts.
• Prepare daily settlement entries.
• Support the quarterly reviews and year-end audits, as well as internal audits.
• Work in a team environment, contributing to team goals and meeting obligations and commitments.
• Special projects and Ad Hoc requests as assigned.

Skills

Cash reconciliation

Communication

Attention to detail

Problem-solving

Independent work

Education

Bachelor’s Degree

4-year college degree in Accounting/Finance/Business preferred

Tools

ReconNet

Oracle R12

Microsoft Word

Microsoft Excel

BETA TPX

Job description

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview

The Accounting Specialist is responsible for maintaining the accounting records and systems for customer and corporate cash across LPL Financial Holdings Inc. and its subsidiaries. The position desires someone who can communicate well, and can interact daily with internal and external business partners. The team is also focused on implementing process improvements to streamline and enhance efficiencies. The ideal candidate will possess excellent communication and organizational skills, and maintain the ability to remain detail-oriented while working in a fast pace environment. The ability to adapt, appropriately take initiative, and assume responsibility is essential for success.

Responsibilities

• Complete daily BETA and Oracle cash reconciliations
• Complete monthly account reconciliations
• Research outstanding items with the appropriate group for timely application
• Prepare month-end journal entries
• Complete daily cash application
• Prepare check exception report for management review
• Cash Mailbox administration
• Request returned check copies and adjustments from banks
• Provide support to various business units regarding cash accounts
• Prepare daily settlement entries
• Support the quarterly reviews and year-end audits, as well as internal audits
• Work in a team environment, contributing to team goals and meeting obligations and commitments
• Special projects and Ad Hoc requests as assigned

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements

• Bachelor’s Degree
• 1+ years of experience in customer service
• Experience with ReconNet a plus
• Experience with Oracle R12 a plus
• Intermediate level of Microsoft Word and Excel knowledge and experience
• Ability to work under pressure and tight time deadlines
• Strong communication skills.
• Ability to work independently and be detail-oriented
• Excellent problem-solving skills and ability to handle multiple tasks
• 4-year college degree with a focus in Accounting/Finance/Business preferred
• Experience with BETA TPX a plus
• 2 - 3 years of cash reconciliation experience

Pay Range

$18.47-$30.75/hour. Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play - such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more.

Company Overview

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.

For further information about LPL, please visit www.lpl.com. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients. For further information about LPL, please visit www.lpl.com.

Join the LPL team and help us make a difference by turning life's aspirations into financial realities.

Information on Interviews

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at [phone].

EOE.

EAC 5.19.26 LPL Financial is the nation’s largest independent broker-dealer. Our company is widely known for its financial strength, exceptional service, and favorable industry reputation among financial professionals. To understand who we are, it’s important to know our core belief: financial guidance is a fundamental need for everyone. LPL Financial creates the space to let you do what you do best - create personal, long-term client relationships that turn financial aspirations into realities. Each year, thousands of financial professionals successfully manage billions of dollars in assets. Because our company is not too big and not too small, you can seize the opportunity to make a real impact. To learn more about our organization visit our About LPL page. As reported by Financial Planning magazine, June 1996-2019, based on total revenue. Want to learn more about the benefits of working at LPL? Check out the links below! We Are LPL Benefits Culture Social Responsibility