Reconciliation Analyst I

First Interstate Bank; Billings (MT); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

PTO

Child Care Assistance

Exercise reimbursement

Community involvement

Job summary

First Interstate Bank in Billings, MT seeks a Reconciliation Analyst I to perform general ledger reconciliations and bank-controlled deposit accounts. You will report discrepancies and collaborate with bank personnel to resolve issues, ensuring accuracy and timely reporting.

The role requires meticulous accounting knowledge, experience with reconciliations, and the ability to work independently in a team environment with standard business hours.

Qualifications

• High School Diploma or GED required.
• Bachelor's Degree in Accounting, Finance, or related field preferred.
• 1–3 years accounting or related experience required.

Responsibilities

• Performs complex operational account reconciliations using automated reconciliation systems.
• Performs manual reconciliations related to receivables, payables, suspense and in-process accounts using Oracle reconciliation system.
• Balances subsidiary ledgers for deposits, loans, and investments to general ledger accounts.
• Researches and resolves all out of balance conditions with bank personnel.

Skills

10-key skills

Excel

Accounting concepts

Independent work

Effective communication

Attention to detail

Education

Bachelor's Degree in Accounting/Finance

High School Diploma or GED

Tools

Oracle reconciliation system

Microsoft Excel

Microsoft Word

Job description

Billings, MT Downtown Tower

What's Important to You

We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Child Care Assistance Program for eligible dependent(s).
• Exercise reimbursement program for employees.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

SUMMARY

The Reconciliation Analyst I is responsible for performing general ledger and bank-controlled deposit account reconciliations, reporting any out of balance conditions immediately, and working with appropriate bank personnel to resolve issues.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Performs complex operational account reconciliations using automated reconciliation systems.
• Performs manual reconciliations related to receivables, payables, various suspense and in-process accounts, due-from accounts, and bank-controlled deposit accounts using the Oracle reconciliation system.
• Balances subsidiary ledger systems for deposits, loans, and investments to the associated general ledger control accounts.
• Researches, tracks, and resolves all out of balance conditions and work with appropriate bank personnel to resolve differences.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE, SKILLS AND ABILITIES

• Keyboarding and 10-key skills are essential.
• Computer experience with Internet, Microsoft Word, and Microsoft Excel.
• Good reasoning ability.
• Understanding of basic accounting concepts.
• Capable of working independently and in a group setting.
• Ability to communicate effectively by phone and email.
• Professional, self-driven/motivated, and pleasant.
• Highly competent in communicating, leading, problem solving, and team building.
• Capable of understanding a broad range of bank processes, preparing and properly documenting reconciliations in various formats, and communicating effectively with individuals at all levels throughout the organization.
• Attention to detail and a general understanding of accounting concepts.

EDUCATION AND/OR EXPERIENCE

• High School Diploma or General Education Degree (GED) required
• Bachelor's Degree in Accounting, Finance, or related field preferred
• 1-3 years accounting or related experience required

PHYSICAL DEMANDS AND WORKING ENVIRONMENT

The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Lifting - Occasionally (up to 10 lbs)
• Sitting - Frequently
• Overtime - Subject to business need
• Noise Level - Moderate
• Typical Work Hours - M-F (8-5)
• Regular and Predictable Attendance - Required