Operations Accounting Manager

Herring Bank; Lewisville (TX); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health insurance

Paid time off

Vision insurance

401(k)

401(k) matching

Dental insurance

Job summary

Herring Bank is seeking its first Operations Accounting Manager to build and lead a dedicated team in the Finance department. This role will ensure customer and core-platform transactions balance, settle, and tie accurately to the general ledger, with real-time to T+1 cadence and cross-functional coordination with Bank Operations.

You will shape reconciliation standards, establish processes, and manage two accounting professionals while reporting to the Controller in a remote-friendly

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• 6–9 years of accounting experience with bank operations, settlement or reconciliation.
• Prior supervisory experience required or demonstrated lead experience.
• Strong knowledge of wire/ACH, card networks, merchant and ISO settlement, and sub-ledger-to-GL.

Responsibilities

• Manage the Bank’s reconciliation inventory per Controller guidelines.
• Ensure in-scope accounts are reconciled on schedule with defined owners.
• Maintain internal DDA and clearing account registry.
• Route new account requests for Controller approval and assign owners.
• Produce certified daily balancing packets and verify certification standards.
• Oversee reconciliation of wire, ACH, ATM/card network, ISO sponsorship, and merchant settlement.
• Maintain exception logs, aging, and threshold-based resolution.
• Deliver month-end close with reconciliations and aging summaries.
• Provide SAS/QA documentation for internal/external audits and exams.
• Identify high-volume manual processes and drive automation.

Skills

Leadership

Bank operations

Reconciliation controls

Root-cause analysis

Advanced Excel

Education

Bachelor’s degree in Accounting or Finance

CPA or CPA eligibility

Tools

FedLine

Power Query

Job description

Benefits:

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

Operations Accounting Manager

Department: Finance Team: Operations Accounting Location: DFW or Amarillo, TX Employment Type: Full-Time FLSA Status: Exempt Reports To: Controller

About the Role

Herring Bank is building a dedicated Operations Accounting team and is seeking its first Operations Accounting Manager to help establish and lead the function.

Reporting to the Controller, this role is responsible for ensuring that customer and core-platform transaction activity balances, settles, and accurately ties to the general ledger.

The Operations Accounting team operates on a real-time to T+1 cadence and owns sub-ledger reconciliation, clearing account integrity, settlement reconciliation across external financial networks, and exception resolution.

This is a true build-and-lead role. You will help shape the reconciliation calendar, certification standards, exception escalation processes, and the working relationship between Finance and Bank Operations while operating within the control framework established by the Controller.

What You’ll Do

• Manage the Bank’s reconciliation inventory in accordance with policies, frequencies, and risk ratings established by the Controller.
• Ensure in-scope accounts are reconciled on schedule with clearly assigned preparers and reviewers.
• Recommend reconciliation inventory updates as accounts are opened, retired, or re-risked.
• Maintain the internal DDA and clearing account registry.
• Route new account requests for Controller approval and ensure accounts have an assigned owner, reconciliation frequency, and risk rating before entering production.
• Produce the certified daily balancing packet and verify that balancing performed across the Bank meets documented certification standards.
• Oversee reconciliation of:
  • Wire activity
  • ACH activity
  • ATM and card network activity
  • ISO sponsorship activity
  • Merchant settlement activity
• Ensure clearing and suspense accounts clear as designed and investigate discrepancies when they do not.
• Maintain the exception log, track aging, drive items to resolution, and escape items based on established thresholds.
• Deliver Operations Accounting’s month-end close requirements, including certified reconciliations, aged exception summaries, and clearing account status.
• Maintain appropriate preparer/reviewer segregation and ensure reconciliations are never self-reviewed.
• Serve as the accounting partner to Bank Operations in tracing transaction flows and resolving balancing discrepancies.
• Prepare reconciliation and settlement workpapers for internal audit, external auditors, and regulatory examiners.
• Identify high-volume manual matching processes and implement automated reconciliation and transaction-matching solutions.
• Supervise, coach, and develop two accounting team members.
• Establish documentation and cross-training standards to reduce single points of failure.

What We’re Looking For

• Strong understanding of how money moves through a bank, including payment rails, cut-off times, and settlement windows.
• Strong knowledge of reconciliation controls and preparer/reviewer independence.
• A root-cause mindset when resolving exceptions and recurring reconciliation issues.
• Ability to partner effectively with Bank Operations while maintaining strong accounting controls.
• Comfort building and documenting new processes and controls.
• Strong leadership and team-development capabilities.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• CPA or eligibility to sit for the CPA exam is a plus.
• 6–9 years of accounting experience with meaningful experience in bank operations accounting, settlement, or reconciliation.
• Prior supervisory experience required, or demonstrated equivalent lead experience.
• Strong knowledge of:
  • Wire and ACH payment rails
  • Card networks
  • Merchant and ISO settlement
  • Sub-ledger-to-general-ledger architecture
  • Suspense and clearing accounts
  • Reconciliation control standards
• Advanced Excel skills, including work with large data sets, INDEX/MATCH, and Power Query.
• Hands-on experience with core banking platforms, FedLine, and automated reconciliation or transaction-matching software.

Why Join Herring Bank?

Herring Bank has served its communities since 1899 and is continuing to build a disciplined, scalable accounting organization with clearly defined responsibilities, strong controls, and increased automation.

Operations Accounting is a new team, giving this manager the opportunity to help define how the function operates, how it partners with the rest of the Bank, and how its standards and processes develop over time.

Herring Bank’s settlement environment includes ATM sponsorship, ISO relationships, and specialty deposit lines, creating an opportunity to lead a sophisticated and highly visible accounting function.

Member FDIC | Equal Opportunity Employer

This is a remote position.