Corporate Reconciliations Manager

Corporate Reconciliations Manager

Requirements

• Bachelor’s degree in Accounting, Finance or Business, or equivalent education and related training.
• Four years of accounting experience in a financial institution or public accounting.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products, with an emphasis on spreadsheet, presentation, word processing and database software.
• Proficiency with automated reconcilement systems.
• Understanding data acquisition, translation, formatting and storage protocols.
• Excellent verbal, written and presentation skills, with the ability to define problems.
• Demonstrated leadership ability and skills.
• Ability to work independently and meet communicated deadlines.
• Excellent analytical, problem-solving and decision-making skills.

Responsibilities

• Manage assigned staff, including hiring, scheduling, preparing performance evaluations and making salary recommendations.
• Provide guidance on issue identification and problem resolution related to ongoing and new activities and assist with resolving more complex problems.
• Conduct activities to inform, train and develop staff members to ensure proper compliance with Truist reconcilement policies and internal controls.
• Assist in design, implementation and documentation of reconcilement process workflow and controls for assigned area of responsibility.
• Manage ongoing performance of internal controls over financial reporting.
• Recommend control refinements as products, processes, generally accepted accounting principles (GAAP), regulatory reporting requirements or corporate policies change.
• Complete manual or electronic review and approval of reconcilements, ensuring preparation in accordance with corporate reconcilement policies and standards, and maintaining adequate segregation of duties.
• Ensure necessary supporting documentation is maintained.
• Establish appropriate controls in accordance with Truist General Ledger (GL) Entry Standard for any GL entries.
• Participate in GL Entry Risk Assessment, GL and sub-system testing and entry review and approval as required.
• Ensure necessary supporting documentation is maintained.
• Coordinate or assist with testing and implementation for new systems or accounts, workflow changes or acquired entities.
• Assist with test planning, including field validation, use case design, and test script review.
• Provide guidance on issue identification and assist with problem resolution related to testing and implementation.
• Maintain a working knowledge of GAAP.
• Maintain an in-depth level of knowledge related to the GL interfaces for the systems that impact assigned accounts.

Preferred Qualifications

• Three years of reconciliation experience at a financial institution
• Supervisory experience.