What are the responsibilities and job description for the Operations Acct Reconcilement Specialist III position at Orrstown Bank?
Position Summary:
Responsible for ensuring timely and accurate completion of assigned bank operations account reconciliations and Accounting Operations support functions. Maintain documentation on the proper reconciliation process and workflow for each assigned account and Accounting Operations support functions. Work with subject matter experts to clear outstanding reconciling items.
Qualifications:
High school diploma or equivalent.
Minimum one (1) year of accounting and reconciliation with adequate knowledge of general accounting (debits vs. credits) and ability to verify correctness and completeness of information, analytical, computer, mathematical, reading, verbal and written communication, troubleshooting, problem solving, and interpersonal relations skills; working knowledge of bank application software; competent knowledge of current regulations, procedures, and operations of general ledgers; high level of organization and attention to detail.
Core Competencies:
Commitment to Excellence – Focus on delivering excellence and seek to be the ‘bank of choice’ in all customer interactions; make decisions, set priorities and goals to deliver significant improvements; create an environment for others to strive for excellence.
Customer Focus – Build and maintain customer satisfaction; provide prompt, efficient and accurate assistance to meet customer requirements; develop working relationships and strive to ensure customer needs are met.
Integrity – Adhere to Orrstown Bank values and represent those values in decisions and actions; respect and maintain confidentiality; keep commitments; avoid situations and actions considered inappropriate or which present a conflict of interest.
Risk Management – Ensure compliance with all regulatory requirements and practices; support risk management activities and programs; assist in organizational safety and soundness initiatives.
Essential Duties:
Conduct accurate and timely reconcilements of various deposit accounts, processing related general ledger (GL) accounts, internal direct deposit accounts (DDAs) and other GL accounts as assigned.
Complete daily reconcilement of statement processing; provide outstanding exceptions to appropriate associates for resolution.
Review daily reports and determine necessary actions; process research requests and verifications of deposits.
Responsible for the identification, accounting and reporting of information related to the reconciliations performed.
Ensure efficiencies to meet schedules and deadlines; develop procedures for new reconcilements functions and conduct regular reviews of related procedures for existing processes; define, develop, and manage department metrics and key performance indicators;
Work with various departments to resolve differences in a timely manner; develop and maintain ongoing escalation process to ensure timely resolution on exceptions; implement and monitor regular reporting of activity and outstanding exceptions for month end, quarter end, and year end.
Provide required documentation and maintain appropriate source documents and other related records in support of Sarbanes-Oxley compliance.
Abide by the current laws and organizational policies and procedures designed and implemented to promote an environment that is free of sexual harassment and other forms of illegal discriminatory behavior in the work place;
Support risk management practices and overall safety and soundness and the Bank’s compliance with all regulatory requirements.
Ensure that the department and all personnel adhere to the same; perform tasks that are supportive in nature to the essential functions of the job which may be altered or redesigned depending on individual circumstances.
Attend regularly scheduled coaching and counseling sessions held by supervisor to achieve the outcome of improved communication, action plan development, positive feedback and performance improvement.
Regular and predictable attendance; perform other duties as assigned or directed.
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, use hands to finger, handle or feel, reach with hands and arms, and talk or hear. The employee is frequently required to stand and walk. The employee may occasionally lift and/or move up to 10 pounds. Accordingly, the physical requirements include computing, and long periods of high level concentration and technical / analytical thinking and close visual acuity to perform activities such as preparing and analyzing data and figures, viewing a computer screen, extensive reading, and report preparation. Ability to work and report to the employer’s physical work location(s).
Environment:
Work is performed in an office setting with little to moderate exposure to noise, heat, dust or other adverse factors. Working extended hours may be required as needed. The noise level in the work environment is usually quiet.
