Responsible for the day to day resolution of complex operational accounting functions / issues including in depth analysis. The incumbent will take appropriate action based on process characteristics of extremely complex issues related to all operational accounting functions. Must be considered a subject matter expert in operational accounting policies and routines. Complex decisions are made based on analytical research and judgment. Requires extensive experience and must follow established procedures & guidelines while utilizing multiple systems & tools. Handles escalated situations that were unable to be resolved by the Accounting Specialist. Provides coaching and training to other associates. Ensures compliance with Federal and Bank Regulations. Excellent communication and follow up skills required. To appropriately investigate and decision issues, incumbent will interact with multiple business partners. Communication includes process education, operational accounting education, setting appropriate expectations or skillfully defusing the situation. Individual must have 3-5 years of operational accounting experience along with working knowledge of processes to include applicable policies and regulations.
Responsible for reconciling foreign item trades in Cashman and GL reconcilement. The complexity of the business results in market rate differences between when trades are booked and settled which requires reconcilement. Resolves differences associated with foreign exchange rates, usage of multiple settlement accounts and foreign clearing bank accounts.
Review, Research and Clearing of out of balance GL transactions
Review, Research, and Clearing of out of balance Cashman Breaks
Review, Research, and Clearing of out of balance Finman Breaks
Creates Trade Booking for Foreign Check Transactions to resolve rate differences
Excellent Communication skills
Excellent accounting background (credits/debits, GL, reconciliation)
Excellent organizational skills with the ability to effectively prioritize daily workload/workflows, accurately and efficiently under pressure
Ability to understand the fairly complex foreign item process risk and ensure timely reporting and escalation of critical risks & non-compliance with procedures, policies, standards.
Background in foreign items processing
Cashman (Cash Manager) application experience
Shift:1st shift (United States of America)
Hours Per Week:40
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