Bank Reconciliation Analyst
City of New Albany
- New Albany, IN
- Permanent
- Full-time
- Perform daily, monthly, and yearly reconciliations of bank statements with internal accounting records.
- Identify and investigate variances between bank balances and general ledger accounts.
- Resolve discrepancies in a timely manner and ensure proper documentation of reconciling items.
- Analyze banking transactions to ensure accuracy and completeness.
- Identify and investigate unusual or suspicious transactions that may require further examination.
- Collaborate with internal departments to obtain supporting documentation and resolve discrepancies.
- Prepare accurate and timely reports summarizing reconciliations, variances, and outstanding items.
- Maintain detailed documentation of reconciliation procedures, findings, and resolutions.
- Provide regular updates to management on the status of bank reconciliations and outstanding issues.
- Identify opportunities to streamline reconciliation processes and improve efficiency.
- Implement best practices for bank reconciliation and recommend system enhancements as needed.
- Proactively address issues and propose solutions to minimize errors and risks.
- Ensure compliance with internal policies, accounting standards, and regulatory requirements.
- Assist with internal and external audits by providing supporting documentation and explanations as necessary.
- Stay informed about changes in regulations and accounting principles that may impact bank reconciliation processes.
- Demonstrate informative and professional assistance when working with vendors, co-workers, and the public.
- Act independently and originate new procedures and new approaches to problems.
- Display excellent verbal and written communication skills.
- Maintain initiative to preserve the flow of work.
- Work under stress and with commitment to deadlines.
- Sustain interpersonal relationships which encourage openness, candor and trust, both internally and with the general public.
- Complete projects and/or reports in accurate and timely manner
- Maintain City information in a confidential manner.
- Ability to work as a team member.
- Display professional appearance, warm demeanor and positive attitude.
- Be a motivated self-starter.
- Work independently and to be accurate, efficient and organized.
- Manage multiple tasks simultaneously.
- Work under pressure with time constraints in a changing environment.
- Stand, walk, sit, reach with hands and arms, climb, balance, stoop, kneel, crouch or crawl occasionally.
- Lift and/or move up to 25 pounds occasionally.
- Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus.
- This position requires working in the internal environment.
- Minimum of high school diploma required; some college preferred.
- One to two years general claims experience required.
- Previous customer services experience.
- Ability to effectively communicate both orally and in written form.
- A pleasant, friendly, and outgoing demeanor.
- Experience in Microsoft Office products, specifically Word, Excel, and Outlook required.
- Ability to handle a high volume of incoming calls while maintaining proper phone etiquette and a high level of professionalism at all times.
- Willingness to take on additional tasks as assigned.
- Computer and peripherals.