What are the responsibilities and job description for the Reconciliation Specialist position at Edfinancial Services LLC?
Description
Prepare daily/monthly financial reconciliations of the Direct Loan Portfolio. Assist in analyzing the financial and operating data to resolve variances of the daily/monthly financial reconciliations. Perform research and problem-solving functions to resolve the daily/monthly variances.
Requirements
- Reconcile general ledger accounts and student loan accounts for accuracy
- Assist in research of variances in the general ledger and student loan accounts
- Resolve outstanding daily and monthly variances within corporate standards
- Ensure all supporting systems (SLSS, GP, Oracle Discover, etc.) are in balance and any variances are identified and resolved
- Work with internal departments as well as outside agencies on various accounting issues
- Work under and deliver under deadline constraints
- Prepare and validate daily and monthly reconciliations and reporting to the Federal Government
- Process and distribute reports as necessary and effectively communicate appropriate information to Management
- Contribute to continuous process improvement
- Assist with external and internal audit requests
- Maintain a positive work atmosphere by behaving and communicating in a manner so that you get along with customers, clients, co-workers, and management.
- Responsible for the security of the workstation and work area in regard to the confidentiality of the data and the systems
- Review Employee Handbook quarterly for changes and updates
- Other duties deemed necessary, including providing backup support functions if necessary
