Reconciliation Specialist

B1Bank; Mississippi; Hybrid; USD 60,000 - 85,000; Full time

Job summary

The Reconciliation Specialist at B1Bank is responsible for daily reconciliations ensuring accuracy, compliance, and timely reporting. This role ensures accounts are reconciled, discrepancies are investigated and resolved promptly, and internal controls are maintained to mitigate financial risk.

Responsibilities include documenting reconciling items, investigating variances, coordinating with other departments, supporting audits, and contributing to process improvements and automation.

Qualifications

• High school diploma or equivalent required; Bachelor's degree preferred in accounting/finance or related field.
• 4–7 years of experience in a banking, financial services, or similar reconciliation role.
• Understanding of bank operations, payment channels (ACH, SWIFT, wires), and financial clearing processes.
• Proficiency in Microsoft Excel and banking/accounting systems (FIS, Fiserv, Jack Henry, Oracle, SAP).
• Strong attention to detail, analytical mindset, and ability to identify trends or irregularities.
• Clear written and verbal communication skills.

Responsibilities

• Perform reconciliation of general ledger and internal deposit accounts, ensuring accuracy and prompt resolution of discrepancies.
• Document, track, and clear reconciling items in a timely manner.
• Investigate variances and root causes of unmatched items.
• Coordinate with other departments to resolve open items.
• Escalate reconciliation exceptions to senior staff as needed.
• Support audits by providing timely reconciliation reports and documentation.
• Maintain up-to-date knowledge of banking regulations and operational risk best practices.
• Handle financial data with integrity and confidentiality.

Skills

Attention to detail

Analytical skills

Time management

Organizational skills

Communication skills

Education

High school diploma or equivalent

Bachelor's degree in accounting, Finance, or related field

Tools

FIS

Fiserv

Jack Henry

Oracle

SAP

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full-Time Professional Remote LA, Baton Rouge, LA, US

Summary

The Reconciliation Specialist is responsible for performing daily reconciliations ensuring accuracy, compliance, and timely reporting. This role ensures accounts are accurately reconciled, discrepancies are investigated and resolved promptly, and internal controls are maintained to mitigate financial risk.

Specific Job Functions

• Perform reconciliation of general ledger and internal deposit accounts - ensuring accounts are accurately reconciled, discrepancies are investigated and resolved promptly, and internal controls are maintained to mitigate financial risk.
• Ensure all reconciling items are documented, tracked, and cleared timely.
• Investigate variances and root causes of unmatched items.
• Coordinate with other departments to resolve open items.
• Escalate reconciliation exceptions to senior members.
• Support operational efficiencies, process improvements and automation initiatives to enhance reconciliation accuracy and efficiency.
• Support audits and examinations by providing timely and accurate reconciliation reports and supporting documentation.
• Maintain up-to-date knowledge of banking regulations and operational risk best practices.
• Integrity and confidentiality in handling financial data.
• High school diploma or equivalent is required. Bachelor's degree in accounting, Finance, or a related field preferred.
• This position requires the applicant to reside in Louisiana or Mississippi.
• 4 - 7 years of experience in a banking, financial services, or similar reconciliation role.
• General understanding of bank operations, payment channels (ACH, SWIFT, wires), and financial clearing processes.
• Basic knowledge of Microsoft Excel and banking/accounting systems (e.g., FIS, Fiserv, Jack Henry, Oracle, SAP).
• Attention to detail, good analytical skills, and ability to identify trends or irregularities.
• Strong time management and organizational skills.
• Clear written and verbal communication skills.

Equal Opportunity Employer/Veterans/Disabled