Reconciliation Administrator

Title Financial Corporation (TFC) is looking for a Jr. Trust Account / 1099 Administrator to join our team in Blackfoot, ID. TFC is a family-owned company providing Title and Escrow Services since 1905. We pride ourselves on taking great people and growing and developing them with employees who have spent their entire careers with us.

If you want to work for a company where Everyone Counts, is committed to doing the Right Thing, Takes the Smart Risk, believes Attitude is Everything, and Everyone has the Opportunity to Make a Difference, then keep reading.

This is a full-time non-exempt position and reports to the Senior Trust Account Supervisor.

The ideal team member:

• Is very organized with attention to detail, has problem-solving skills, and the ability to meet deadlines.
• Can prioritize tasks and notify others when assistance is needed.
• Proficient computer skills, including Google or Microsoft Office Suite or related software, and has the ability to learn new programs quickly.
• Strong sound judgment and decision-making skills.
• Strong analytical and problem-solving skills.
• Ability to prioritize, work independently, and manage multiple priorities in a fast-paced environment.
• Excellent communication and interpersonal skills, with the ability to effectively communicate with banking personnel, managers, and employees.
• Ability to operate a motor vehicle and have a valid driver’s license.

About the position:

The Jr. Trust Account/1099 Administrator is responsible for providing trust accounting reconciliation services and 1099 administering and reporting.

Job Duties Include:

• Provide support to the daily reconciliation of the Company trust accounts.
• Provide support to the daily administering of the 1099 reporting.
• Provide support for the escheatment process for the Company trust account funds.
• Provide support and processing of Earnest Money funds.
• Prepare monthly bank reconciliation reports regarding all cash deposits and disbursements to the banks.
• Monitor all banking activities in order to detect irregularities
• Ability to Investigate all transactions in order to prevent fraud and pinpoint areas of risk relating to banking transactions.
• Provide documentation for the purpose of supporting all trust account financial transactions.
• Assist auditors – internal and external – with the documentation required for the auditors to do their job satisfactorily.
• Perform the reconciliation and verification of accounts regarding cash deposits and disbursement at the bank.
• Follows up on reconciliation transactions continuously and provides updates to the management.
• Adhere to corporate standards and procedures in all reconciliation activities.
• Ability to process 1099s forms and assist with the 1099s submission to the State and the Internal Revenue Service.
• Other job duties as required.

Education and Experience:

• Must be at least 18 years of age.
• High school diploma or equivalent.
• Relevant college degree in Business/Finance or Accounting preferred.
• MUST have 3 – 5 years of Banking experience preferably in reconciliation.
• Title and Escrow-related experience preferred but not required.

Physical Requirements: 

• Prolonged periods of sitting at a desk and working on a computer.
• Ability to lift and carry packages up to 20 pounds at times.