Reconcilement Analyst II

Comerica Bank; Farmington (MN); On-site; USD 55,000 - 75,000; Full time

Job summary

A leading bank seeks a Reconcilement Analyst II responsible for daily reconciliations and month-end processes. The role requires strong analytical skills and a bachelor's degree in accounting or related field. You will work collaboratively with internal teams to ensure accurate reporting and compliance. Join to contribute to a committed team focused on excellence in financial operations.

Benefits

Comprehensive Total Rewards package

Health and welfare programs

Retirement benefits

Generous paid time off

Qualifications

• Bachelor's degree or 4 years of relevant experience.
• 2 years operational or accounting experience.
• Proficient in Microsoft Office applications.

Responsibilities

• Prepare daily reconciliations and analyze large variances.
• Complete monthly account reconciliation and certification.
• Assist in internal controls and compliance documentation.

Skills

Analytical Skills

Attention to Detail

Communication

Education

Bachelor's Degree in Accounting or related field

Tools

Microsoft Office

Job description

Join to apply for the Reconcilement Analyst II role at Comerica Bank

1 week ago Be among the first 25 applicants

Join to apply for the Reconcilement Analyst II role at Comerica Bank

The Reconcilement Analyst II is responsible for reconciling balance sheet general ledger accounts daily, producing monthly aging reports and analysis, and completing account certifications. This role will assist the Reconcilement Accounting Supervisor as needed with daily and monthly activities and perform ad-hoc analysis as requested by management.

Position Responsibilities

Reconcilement Production

• Prepare daily reconciliations, ensuring internal customer service levels are met and work is completed in a timely and accurate manner.
• Analyze trends and identify large variances related to balance sheet general ledger accounts, and review with business unit.
• Research material and/or aging variances and properly escalate stale and aging items, as necessary.
• Complete monthly account reconciliation and certification process. Participate in cross-training to ensure appropriate coverage of critical processes during other team members PTO.
  
  

Reporting and Project Management

• Complete weekly and monthly aging reporting processes, ensuring accurate reports are distributed in a timely manner.
• Participate in projects impacting business unit, with the ability to adequately test new and updated system functionality.
• Ensure effective communication and working relationships are maintained with internal stakeholders and colleagues throughout the bank.
• Communication involves all levels of the bank personnel.
• Assist the Reconcilement team with updates to procedures and documentation of accounting processes and workflows, including the design and implementation of internal controls to provide quality assurance over reported data.
  
  

Compliance Risk and Support

• Perform internal controls on a daily, monthly, quarterly, and annual process.
• Develop a comprehension of key operational risks that apply to reconciliations and an understanding of banking and financial services industry processes/topics and the resulting reconcilement implications.
• Maintain proper reconciliation documentation as it pertains to internal and external audits.
  
  

Position Qualifications

• Bachelor's Degree from an accredited university in accounting or related management field or 4 years of relevant work experience
• 2 years of operational and/or accounting experience
• 2 years of experience with Microsoft Office including Word, Excel, PowerPoint, and Outlook
  
  

Work Best Category

Category C - Days in the office will either be designated days or will vary week to week from 2-5 days

Hours

8:00am - 5:00pm Monday - Friday

Salary

To Be Determined Based on Individual Experience

About Comerica

We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI’s Record of Arrest and Prosecution Background (“RAP Back”) service, which provides ongoing notification to the Company of any updates to your criminal history.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

Comerica is proud to be an Equal Opportunity Employer – disability/veteran.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Banking

Referrals increase your chances of interviewing at Comerica Bank by 2x

Get notified about new Analyst jobs in Farmington, MI.

Logistics Analyst (Global Network Management Center)

Waterford, MI $60,990.00-$81,715.00 5 days ago

Detroit, MI $102,890.67-$139,637.34 1 month ago

Business Operations Data Analyst - Remote

Metro Detroit, MI $60,000.00-$70,000.00 1 day ago

Detroit, MI $132,288.00-$191,082.67 1 month ago

Analyst Data Analytics - US Based Remote

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.