Operational Accounting Associate III

M&T Bank Corporation; Buffalo (NY); On-site; USD 28,000 - 47,000; Full time

Job summary

M&T Bank Corporation in Buffalo, NY seeks a detail-oriented Reconciliation Specialist to ensure timely and accurate reconciliation of assigned GL accounts and DDAs. You will research complex issues, prepare routine accounting reports, and collaborate with Finance, Audit, and SOX to support accurate financial statements.

The role involves data gathering, issue resolution, and mentoring junior staff, all while adhering to corporate risk controls and compliance requirements in a dynamic banking

Qualifications

• HS Diploma or GED required.
• Plus 3 years of relevant work experience.
• Experience with reconciliation and financial reporting preferred.

Responsibilities

• Reconcile and report assigned portfolio activity to Finance/Audit/SOX.
• Gather and research data for routine accounting reports (daily/weekly/monthly).
• Resolve issues and escalate as needed.
• Research aged items and system outages on reconciliations.
• Communicate with internal partners to resolve inquiries.
• Update procedures with input from supervisors.
• Mentor and train less experienced staff on routine tasks.

Skills

Reconciliation

GAAP knowledge

Data analysis

Cross-functional communication

Mentoring

Education

HS Diploma/GED

Job description

Overview

Reconciliation of assigned GL accounts and DDAs timely and accurately. Identify out of balance conditions and unusual or aged items in assigned accounts. Research of complex issues. Participate in projects.

Primary Responsibilities

• Timely and accurate reconciliation / reporting of assigned portfolio activity to Finance / Audit / SOX to ensure accurate Financial Statements in accordance with GAAP.
• Gather and research data to prepare routine accounting reports including daily, weekly and/or monthly departmental reporting assignments.
• Perform problem resolution to identify issues and elevate as appropriate.
• Perform research to resolve aged items and system outages on reconciliations and to address as necessary.
• Communicate with internal cross-functional areas, business partners and investors to assist in resolution of routine inquiries/issues.
• Update procedures due to changes in process or accounting requirements with input from Operational Accountant III, IV or Manager.
• Participate in responsibilities associated with new business initiatives under Manager’s direction.
• Mentor and train less experienced staff on routine task and questions.
• Adhere to established policies, procedures and limits focusing on observable breaches in Corporate Risk policies.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Education and Experience Required

• HS Diploma/GED
• Plus 3 years relevant work experience
• The pay range for this position is $20.55 - $34.25 Hourly (USD).
• M&T Bank is committed to fair, competitive, and market-informed pay for our employees.

Location

Buffalo, New York, United States of America

About M&T Bank

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more.

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.

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