Demo

Reconciliation Coordinator

First Federal Bank of Louisiana
Charles, LA Full Time
POSTED ON 1/15/2025
AVAILABLE BEFORE 3/18/2025

Job Description

Job Description

First Federal Bank of Louisiana is currently seeking a Reconciliation Coordinator in the Accounting Department at the Main Office in Lake Charles, Louisiana.

About Us

First Federal Bank of Louisiana is a full-service, locally owned, community bank that has helped build the communities we serve for 70 years. With 16 branches serving 11 communities in Louisiana, we are proud to offer our customers a wide variety of products and services to meet all of their financial needs. We offer Personal and Business Checking Accounts, Savings and CDs, multiple Retirement options, Home Equity Lines of Credit, as well as Mortgages and Consumer Loans. Our established Investment and Insurance divisions also offer a full line of products. Over the years, First Federal Bank has established a reputation for fast, professional service. We believe our customers expect and deserve nothing less.

SUMMARY

Prepares and maintains general ledger for bank as well as all subsidiary companies. Balances several subledger systems including; loan / deposit applications, prepayment expense records, borrowings and investments. Assists finance team in payment systems, accounting systems and third party reporting systems related duties.

ESSENTIAL DUTIES & RESPONSIBILITIES include, but are not limited to, the following :

  • Maintains several databases for various general ledger accounts
  • Prints forms, dividend checks, etc.
  • Maintains prepayment expense records and database
  • Prepares and posts general ledger entries
  • Oversees the reconciliation process of the large proportion of general ledger as well as cash accounts
  • Reconciles checking accounts maintained at the bank as well as at other financial institutions
  • Enters general ledger and subsidiary ledger transactions via several different systems
  • Prepares analyses of financial accounts as requested
  • Monitors and resolves reconciliation issues including fee and income anomalies
  • Analyzes trends in costs and revenues
  • Process daily and monthly work relating to loans serviced by others, and complete reconciliation’s and transmissions to the respective third parties
  • Compliance training is assigned to all Bank personnel based on their position with the Bank. Employees are required to complete all assigned training timely and in accordance with Bank policy.

Minimum Qualifications

  • High school diploma or general education degree (GED)
  • Minimum of three (3) years accounting experience and / or training.
  • Accounting degree from technical college or business school is preferred, but not required
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are a basic summary of the knowledge, skill, and / or ability required. The full job description is attached as a pdf to this job posting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Other Duties & Responsibilities

    This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

    Equal Opportunity Employer

    The employment policy of First Federal Bank and its subsidiaries is to provide an equal employment opportunity for all employees and job applicants without regard to race, color, religion, sex, national origin, age, individuals with disabilities, protected veteran status, sexual orientation, gender identity, genetic information, or any other legally protected characteristics or activities in accordance with applicable laws.

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