What are the responsibilities and job description for the Bank Reconciliation Specialist position at Gen Korean BBQ?
Who we are:
Gen Korean BBQ is the leader in the All-You-Can-Eat Korean BBQ restaurant category. We are a nationwide chain in rapid growth mode that continues to build our market share in new marketplaces. If you are looking for a fast-paced, innovative and welcoming workplace, then a career with Gen is the right place for you.
About the role:
The reconciliation specialist is responsible for ensuring the accuracy of a company's financial records by comparing internal accounting data to external sources like bank statements, identifying discrepancies, investigating the causes, and resolving any issues to maintain consistent financial reporting; essentially making sure all financial balances match across different systems and records.
Key responsibilities of a reconciliation specialist may include:
Performing daily reconciliations
- Reviewing bank statements, credit card transactions, and other financial data against internal accounting records to identify discrepancies.
Investigating discrepancies
- Researching the root cause of mismatches by analyzing transaction details, contacting relevant departments, and reviewing supporting documentation.
Resolving issues
- Taking appropriate action to correct errors, such as adjusting journal entries, contacting vendors or customers to resolve outstanding payments, or escalating complex issues to management.
Maintaining accurate records
- Ensuring proper documentation of reconciliation processes, including supporting documents and audit trails.
Compliance with regulations
- Adhering to company policies and accounting standards related to financial reconciliation.
Skills and qualifications for a reconciliation specialist:
Attention to detail:
- High level of accuracy when reviewing large volumes of data and identifying discrepancies.
Problem-solving skills:
- Ability to investigate and resolve complex financial issues effectively.
Accounting knowledge:
- Understanding of basic accounting principles, including debits, credits, and journal entries.
Software proficiency:
- Familiarity with accounting software and database systems used for reconciliation processes.
Communication skills:
- Clear and concise communication with various stakeholders, including finance teams, operations, and external vendors.
Preferred Skills:
- Bilingual - Korean and English
Job Type: Full-time
Pay: From $52,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Vision insurance
Schedule:
- 8 hour shift
Work Location: In person
Salary : $52,000
