Reconcilement Representative Job at Community Bank System, Inc.
Overview:
Essential Responsibilities:
Education, Training and Requirements:
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
At Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 230 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CBSI, we offer competitive compensation, good benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities:
General Function:
This position is mainly responsible for reconciling the loan system balances to the corporate general ledger. Additionally, this position will provide a month-end reconcilement of loan operations variances to the Accounting Department.
Essential Responsibilities:
Reconcile the SilverLake loan system balances, comparing them to the Corporate General Ledger
- Research and resolve any system account discrepancies, including unposted items
- Process general ledger entries or prepare loan maintenance
- Monitor loan payment suspense
- Reconcile the in-process accounts on a daily basis by monitoring and clearing outstanding items by processing general ledger entries or preparing loan payments/reversals as needed
- Provide a month-end reconcilement of loan processes to Supervisor and properly document any variances that exist
- Use various systematic tools on a daily basis to effectively perform required duties (e.g. SilverLake, Smart GL, 4Sight and Synergy).
- Communicate with other departments/branches regarding exception issues as they arise
- Cooperate with other members of the department to achieve departmental goals
- Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all-job-specific training requirements in a timely fashion
Basic Qualifications:
Education, Training and Requirements:
- High School Diploma or GED required
- Associates Degree in Finance/Accounting or equivalent relative work experience preferred
Skills:
- Strong attention to detail and analytical skills
- Ability to organize, prioritize and work effectively under time constraints
- Excellent written and verbal communication skills
- Must be proficient with Excel
Experience:
- Working knowledge of required documentaiton for all loan types
Hours: 40 hours/week; Monday-Friday 8:15-5:00; overtime as required
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
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 may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
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