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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Our Reconciliation Manager plays a pivotal role in maintaining financial integrity within an organization by ensuring that all financial transactions are accurately recorded, and discrepancies are promptly addressed. This position requires a blend of technical accounting knowledge, leadership skills, and a proactive approach to process improvement. Leads a team of Reconciliation Specialists to ensure the timely and accurate reporting of monthly reconciliations for all lines of business. Reports to the Director of Accounting Operations.
KEY RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Maintain and work within all appropriate controls to assure compliance with TIH's internal control policies and procedures to ensure accurate reporting of financial results.
Ensure that discrepancies or variances are identified, investigated, and resolved promptly.
Develop and implement efficient reconciliation processes and procedures and document appropriately. Continuously review reconciliation workflows to streamline operations and enhance accuracy.
Supervise and lead a team of reconciliation specialists or analysts. Provide training, guidance, and support to team members to ensure adherence to best practices and quality standards.
Prepare regular reports on reconciliation status and outcomes. Analyze reconciliation data to identify trends, root causes of discrepancies, and opportunities for improvement.
Ensure compliance with financial regulations and internal policies. Support internal and external audits by providing accurate and timely reconciliation information.
Collaborate with other departments such as finance, operations, and audit to resolve reconciliation issues. Communicate reconciliation results and findings to stakeholders and management effectively.
EDUCATION AND EXPERIENCE
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree in Accounting, Finance, or a related field.
4+ years of experience in accounting or financial reconciliation roles, with increasing levels of responsibility.
Workday experience (preferred).
Blackline Reconciliation Software (preferred).
CERTIFICATIONS, LICENSES, REGISTRATIONS
FUNCTIONAL SKILLS
Financial Acumen-- Strong understanding of accounting principles and financial reporting.
Analytical Skills--Ability to analyze complex data and identify trends or anomalies.
Attention to Detail--Thoroughness in reviewing and reconciling financial information.
Leadership--Experience in leading and motivating a team. Clear and concise communication skills, both verbal and written.
Software Proficiency--Familiarity with financial software and reconciliation tools.
General Description of Available Benefits for Eligible Employees of TIH:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance Holdings, LP (TIH) offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment and tax-preferred savings accounts, along with other voluntary benefits. All regularly scheduled teammates (not temporary or contingent workers), regardless of the number of scheduled hours, can contribute to a 401(k) savings plan and you become eligible for Company matching contributions after one year of service and attainment of age 21. Teammates also receive no
. Eligible employees may have the opportunity to participate in a deferred compensation plan and/or have an ownership interest in TIH in the form of profits interest or capital interest. As you advance through the hiring process, you will learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
This position is part of TIH.
Truist Financial Corporation has completed the sale of Truist Insurance Holdings (TIH). As a result, TIH is a separate company from Truist Bank as of May 6, 2024. Refer to the news release (https://media.truist.com/2024-05-07-Truist-completes-sale-of-Truist-Insurance-Holdings-and-executes-strategic-balance-sheet-repositioning)
for details.
TIH Insurance Holdings, LP (TIH) supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. TIH is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)
