Reconcilement Clerk I

Community-Trust-Ban; Pikeville (KY); On-site; USD 40,000 - 55,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Time Off

Holidays

Short/Long Term Disability

401K/ESOP

Job summary

Community Trust Bank is seeking a meticulous Banking Reconciliation Clerk to support branch accounting in Pikeville, KY. You will prepare reconciliations for general ledger accounts, deposits, and loan activity, ensuring the accounting system reflects correct transactions.

The role requires a high school diploma; teller experience is helpful. You will investigate discrepancies, coordinate with teams, and assist with month-end close while upholding compliance and data integrity.

Qualifications

• High school diploma required; banking knowledge helpful.
• Teller experience recommended but not required.
• Ability to understand complex transactions.
• Strong problem-solving and reporting skills.
• Excellent oral and written communication.
• Excellent organizational skills.

Responsibilities

• Prepares and monitors daily and monthly reconcilements of general ledger accounts to ensure accurate reflections of transactions.
• Prepares and monitors daily reconcilements of Accounts Payable, Cashier Checks, Interest Checks, and Loan Payoffs.
• Prepares and monitors daily teller cash and cash in transit reconcilements; validates teller balances.
• Understand General Ledgers & Subledgers and interfaces to identify discrepancies.
• Understand transaction codes for Loans/Deposits and how they balance.
• Research and report discrepancies; take corrective action.
• Coordinate balancing issues with appropriate personnel.
• Monitor branch cash advances for discrepancies; complete monthly reconcilement.
• Assist with corrections using tickets or PeopleSoft.
• Post general ledger entries to correct accounts.
• Follow up to ensure outages are corrected and ledgers balance.
• Support Month End Close process.
• Maintain sensitive information handling.
• Ensure compliance with regulations and policies.

Skills

Problem solving

Attention to detail

Communication

Teamwork

Organizational skills

Education

High school diploma

Tools

Microsoft Excel

Job description

• Location 346 North Mayo Trail,Pikeville, KY, 41501,United States
• Job Category Finance, Recon
• Employee Type RFT
• Required Degree High school

Contact information

• Name Human Resources Department
• Phone [phone]

Description

JOB RESPONSIBILITIES

• Prepares and monitors daily and monthly reconcilements of various general ledger balance sheet accounts (assets and liabilities), deposit and loan applications, on us demand deposit accounts, correspondent bank accounts for Community Trust Bank to ensure accounting system reflects the correct transactions.
• Prepares and monitors daily reconcilements of Accounts Payable accounts, Cashier Checks, Interest Checks, Club Checks, Escrow Disbursements and Loan Payoff Refunds.
• Prepares and monitors daily teller cash and cash in transit reconcilements for all branches, reviewing each teller, to ensure the accounting system reflects the correct transactions.
• Understand General Ledgers & Subledgers and how they interface to help identify discrepancies.
• Understand transaction codes for Loans and Deposits and how they interface.
• Understand ticket transactions and how they balance and effect customer/bank accounts and General Ledgers
• Research, identify and report discrepancies and problems found in balancing reports listing appropriate action to correct.
• Coordinate and communicate any issues discovered in balancing to appropriate personnel within the organization.
• Monitor Cash Advances for all branches looking for discrepancies daily and complete monthly reconcilement.
• Assist branch and/or other departments in how to complete corrections for out of balance transactions either with tickets or with PeopleSoft.
• Complete general ledger entries to make corrections to accounts.
• Follow-up to ensure outages have been corrected and general ledgers are back in balance.
• Support Month End Close process.
• Appropriate handling of sensitive information.
• Ensure all actions performed are in compliance with government regulations and organizational policies and procedures.

SKILLS/KNOWLEDGE AND ABILITIES/EXPERIENCE

• Position requires a high school diploma plus practical banking knowledge. (Some skills would be learned on the job and through training.)
• Teller experience recommended but not required.
• Banking experience recommended but not required.
• Ability to understand complex transactions.
• Ability to problem solve.
• Excellent PC skills with working knowledge of applicable computer software programs, especially experience with Microsoft Excel.
• Knowledge of General Ledger recommended but not required.
• Basic knowledge of General Accounting Procedures.
• Excellent oral and written communication.
• Excellent organizational skills.
• Detailed oriented.
• Ability to take extensive notes to ensure accurate reporting.
• Ability to meet deadlines and work in a team environment.
• Demonstrate ability to carry out prescribed assignments timely and accurately on a day-to-day basis. Work is reviewed and approved by supervisor (or Recon Clerk II if Supervisor is not available).

SCOPE MEASUREMENTS

• Performance is measured by accuracy and ownership of work.
• Identification of improperly posted transactions.
• Timely completion of assigned tasks.

WORKING CONDITIONS

• Normal office conditions.

The above statements are intended to describe the general nature and level of work to be performed by personnel assigned to this job. This information is not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel assigned to this position.

Requirements

Candidates may be subject to the following screenings

Credit Check, Drug Testing, and Criminal Background Check

Summary

Community Trust Bank offers a competitive benefits package including: Medical, Dental, and Vision Insurance; Company paid Life Insurance; Paid time off, and Holidays; Short Term and Long Term Disability; 401K and ESOP.