Bank Reconciliation Accountant

3 days ago


Greer, South Carolina, United States Regional Management Corp. Full time
Bank Reconciliation Accountant Job Description

Regional Management Corp. is seeking a highly skilled Bank Reconciliation Accountant to join our team. As a key member of our accounting department, you will be responsible for reconciling general ledger cash accounts to their respective bank statements.

Key Responsibilities:
  • Reconcile general ledger cash accounts to their respective bank statements.
  • Investigate and record reconciling differences in a timely manner.
  • Report annual Escheat / Unclaimed Property to various state entities.
  • Maintain and record the Escheat Liability to the Balance Sheet.
  • Review outstanding check listings for accuracy.
  • Communicate professionally with branches, branch support, and department heads to resolve reconciling differences.
  • Communicate with Treasury on all new bank accounts.
  • Generate JIRA tickets to ensure new bank accounts are properly set up in the General Ledger.
  • Maintain the bank account matrix linking the bank accounts to the GL accounts for audit purposes.
  • Ensure timely preparation of all bank account reconciliations.
  • Manage monthly Bank Reconciliation log, including logging of completed bank reconciliations onto the Balance Sheet Reconciliation log.
  • Support the external audit process.
  • Assist in enforcing proper operational and internal controls over Banking accounts and processes.
  • Support Sarbanes-Oxley (SOX) compliance over Banking accounts and processes.
  • Prepare journal entries related to bank statements and reconciliations.
Requirements:
  • Minimum of AS degree in Accounting.
  • Proficiency in Microsoft Office products and general typing.
  • Minimum of 5 years of Bank Reconciliations at high volume.
  • Firm understanding of Journal Entries as they relate to reconciliations.
  • Excellent professional written and verbal communication and interpersonal skills required.
  • Ability to act independently and make decisions within scope of position responsibilities.
  • Ability to prioritize assignments, deal with interruptions, and meet deadlines in a fast-paced and growth-oriented environment.
  • High customer service standards.
  • Proficient in Microsoft Office and Excel experience required.
  • Must pass all pre-employment screening.
Preferred Qualifications:
  • Minimum of 6 to 7 years of Bank Reconciliations at high volume.
  • Experience with documenting and reporting Unclaimed Property (Escheat) to various states.
  • Financial services industry experiences.
  • Multi-business unit experience.
  • Proactive mindset with trouble-shooting, problem resolution, and follow-through skills.
  • Requires willingness to work a flexible schedule.


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