Operations Reconcilement Team Leader

TowneBank; Suffolk (VA); On-site; USD 53,000 - 65,000; Full time

Job summary

TowneBank in Suffolk, VA is seeking an Operations Reconcilement Team Leader to oversee daily and monthly general ledger reconciliations and research to clear outages.

You will lead presentations for training, coordinate with Balancing Manager and lines of business on merger balancing, new product balancing, and incident resolution, and ensure compliance with AML and BSA policies. Ideal candidates have financial/accounting experience and strong Excel skills.

Qualifications

• Experience in financial or accounting environments is required.
• Strong customer service skills in person, phone and email.
• Ability to work independently and meet deadlines under pressure.
• Proficiency in Excel, Outlook and MS Office products.

Responsibilities

• Lead daily and monthly general ledger reconcilements and research to clear outages.
• Present on Core Balancing topics to Training and Development teams.
• Coordinate with Core Applications Balancing Manager and LOB on mergers and issue resolution.
• Assist in compliance and risk management discussions with LOB.
• Oversee policy and procedure review rotations and cross-training.
• Provide guidance and training to bank employees on proper entry of transactions.

Skills

Financial experience

Customer service

Independent worker

MS Office (Excel, Outlook)

Education

Business / Finance / Accounting emphasis

Tools

FIS Insight Core System

Job description

Description

Primary Purpose:

The Operations Reconcilement Team Leader is responsible for performing daily and monthly Operations related to general ledger reconcilements and research/clear outages in a timely manner.

The good-faith compensation range for this role is expected to be $53,000 to $65,000, based on the role, market, internal equity, and candidate qualifications.

• Leading Presentations related to the inner working of the Core Balancing Team for our Training and Development Team.
• Participating in meetings along with Core Applications Balancing Manager and other LOB, related to merger balancing, new product balancing and issue resolution for items related to the Core Balancing Team.
• Assist the Core Applications Balancing Manager in working with the LOB related to compliance and risk management.
• Manage the rotation for review of the departmental policies and procedures.
• Manage the rotation of the General Ledger accounts balanced by the Core Balancing team to ensure that everyone is cross-trained.
• Assist the Core Applications Balancing Manager with approving and maintaining the daily schedules and approvals of timecards and vacations.
• Compiling all daily reports from various internal sources
• Using program tools along with research to reconcile all loan general ledger accounts daily.
• Perform research and follow-up to ensure outstanding entries are cleared in a timely manner.
• Perform training and provide guidance to all bank employees to assist with proper entry of transactions.
• Note any concerns, errors, or unusual activity to management.
• Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
• Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification.

Minimum Required Skills & Competencies:

• Previous experience in a financial or accounting environment
• Exquisite member service skills in person, on the telephone, and through email.
• Must be able to work independently, use logic and judgement to make appropriate decisions, and work well under pressure to meet deadlines.
• Proficiency in Excel, Outlook and Microsoft Office Products

Desired Skills & Competencies:

• Education with an emphasis in Business, Finance, or Accounting
• Previous work experience in banking or account reconcilement.
• Working knowledge of FIS Insight Core System helpful.
• Experience in various banking lines of business (Loans, Deposits, ACH, etc)
• Previous experience in supervising others.

Physical Requirements:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.