Operations Analyst 1 – Reconciliation Team

Huntington Commercial Bank; Cincinnati (OH); Hybrid; USD 29,000 - 47,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave programs

Paid holidays and PTO

Job summary

Huntington Commercial Bank in Cincinnati, OH is seeking a reconciliation specialist to coordinate daily reconciliation questions and resolutions. The role involves preparing GL entries, reconciling transactions, and communicating with internal and external parties to ensure accuracy.

You will support passthrough payments, settlements with investors, and assist in regulatory exams while upholding internal controls. Strong problem-solving and ERP experience are essential for success.

Qualifications

• Associate's Degree in Accounting or equivalent work experience.
• 3+ years industry related work experience preferred.
• Strong PC skills including MS Office and Adobe.
• Excellent written and verbal communication skills.
• Ability to multitask in a deadline driven environment while delivering customer service.
• Experience in equipment finance industry and InfoLease preferred.

Responsibilities

• Prepare general ledger entries and perform validations/reconciliations of transactions.
• Communicate to resolve reconciling items with all parties.
• Manage passthrough payments to investors/business partners and settlement preparations.
• Serve as liaison for internal/external regulatory exams and provide required information.
• Adhere to internal controls and escalate when higher authority is needed.
• Act as change ambassador in Operations projects to improve team performance.

Skills

Accounting software experience

MS Office proficiency

Analytical problem solving

Written and verbal communication

Multitasking in fast-paced environment

Industry experience in equipment fin.

InfoLease experience

Education

Associate's Degree in Accounting

Tools

InfoLease

MS Excel

General office software

Job description

Description

This position is responsible for coordinating and resolving reconciliation and process questions/issues daily. Collaboration with colleagues in all departments to ensure transactions are processed accurately. Displays engagement and positive attitude in a team environment to achieve departmental and company goals and objectives.

Responsibilities

• Accountable for preparation of various general ledger entries, account validations/reconciliations of transactions processed in servicing software to general ledger in accordance with Account Reconciliation Policy, which included identifying out of balance situations and applying knowledge of systems and accounting policy to determine resolution and steps to prevent in the future.
• Actively manage communication to resolve reconciling items with all parties using system notes and other forms of communication.
• Responsibilities may include the following: general ledger reconciliation, management of passthrough payments to investors/ business partners and facilitating the billing of subsidies due on transactions. Timely and accurate communication with and to internal/external customers regarding serviced transaction detail. Preparation of settlements with investors/ business partners.
• Serve as a liaison for internal and external regulatory and compliance exams and gather required information when requested.
• Responsible for following internal controls, policies and procedures when completing assigned duties. Exercise discretion and independently make decisions through critical thinking and judgment. Identify when higher level decision authority is required.
• As a change ambassador proactively involved in Operations projects and initiatives in order to enhance the effectiveness of the Operations team and contribute to continuing improvement of overall company performance.

Required

• Associates Degree in Accounting or equivalent work experience.

Preferred

• 3+ years industry related work experience.
• Strong PC skills including experience with MS Office applications (Excel, Word, etc.) and Adobe
• Demonstrated analytical problem solving and troubleshooting skills.
• Excellent written and verbal communication skills.
• Ability to multitask in a deadline driven fast paced environment while delivering superior customer service.
• Ability to make sound, responsible decisions in a timely manner.
• Previous experience in equipment finance industry.
• Previous experience in InfoLease.

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

Workplace Type

Office

Our Approach to Office Workplace Type. Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range

$21.00 - $34.00 Hourly

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.