Accounting Specialist I

Job Description

Job Description

Job Title

Accounting Specialist I

Banesco USA is seeking an Accounting Specialist I for our Accounting Business Unit.

Primary Job Duties

• Reconcile Due from Bank accounts and follow up with the departments on any outstanding item & prepare daily portfolio of reconciliations.
• Reconcile daily the Zelle Reconciliation and follow up with the department on any outstanding item & prepare daily portfolio of reconciliation.
• Responsible for gathering from Puerto Rico the Ranger reconciliation daily and make sure is signed by preparer and that is correctly prepared.
• Responsible for gathering the Loomis Reserve Bank reconciliation daily and make sure is signed by preparer and that is correctly prepared.
• Daily revision of batch reports on the next day for accuracy and completeness as well as obtaining approval signature from the authorized accounting officer and prepare portfolio to upload into Synergy monthly.
• Review daily manual GL transaction query.
• Responsible for reporting activities and obtaining approval of the GL File maintenance report (GL3854P) on a weekly basis.
• Responsible for updating the Bank’s prepaid in Banktel System on a weekly basis.
• Responsible for the Banks Prepaid Accounts which need to be processed at the end of the month and reconcile against end of month general ledger.
• Review monthly prepaids report for items to expired, sends email confirmations, and follow up if the prepaid will be renewed with the different areas.
• Prepare the reclassification entries by branches monthly.
• Reconcile & prepare monthly entries for Back up withholding.
• Reconcile monthly the ADP Payroll Reports against the General Leger accounts.
• Prepare the payroll entries for Miami/Puerto Rico and balance payroll reports from Human Resources.
• Responsible for preparing the Chart of Accounts monthly.
• Uploads all reports monthly into the synergy system (daily batches, all reconciliations, etc.)
• Assists in updating procedures manual for the accounting department.
• Cross-trained with the other positions in the department to provide coverage as needed.
• Responsible for completing annual training program assigned.
• Performs other functions and /or duties as assigned.

Secondary Duties

• Reconcile ARP reports (Outstanding Cashier Checks) daily and combine reports as portfolio.
• Reconcile the Assets/Liabilities suspense accounts, Garnishment and follow up with the departments on any outstanding item & prepare daily portfolio of reconciliations.
• Reconcile daily the ICS & CDARS activity.
• Reconciles LN, DD & CD Sub System applications vs. the GL reconciliation daily and monthly files the reconciliation with the authorized signature.
• Process the accounting non-posted items.
• Responsible for preparing a memorandum and submitting it to the BSA area confirming the Suspense Reconciliation was prepared at month end.
• Right Use of Assets update monthly the entries to be processed in the JHA system & Reconcile with General Ledger.
• Responsible for gathering Teller reconciliations from all Branches and reconciled monthly.
• Responsible for reconciling and follow-up of Charge–Off, Cash Over & Short, and Miscellaneous accounts monthly.
• Responsible for updating the Bank’s Fixed Assets in Banktel weekly.
• Banks Fixed Assets needs to be processed at end of the month and reconcile against the Final end of month general ledger.
• Assist the Staff Accountant I in the preparation of the Bank’s Inventory entries (every 2 years).

Job Requirements:

• Education: AS degree in related field or related experience.
• Experience: Two (2) years of experience in accounting, preferably in banking.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
• Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read, and write both languages.
• Strong verbal and written communication skills, ability to communicate at all levels of the organization.
• Strong attention to detail and accuracy.
• Ability to multi-task, with strong organization, time-management, and prioritizing skills.
• Strong customer service skills, ensuring satisfaction of internal customers.
• Intermediate knowledge of accounting principles, budgeting, and accounting related functions.
• Intermediate knowledge of related State and Federal banking compliance regulations and operational policies.
• Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.
• Problem solving and analytical skills to identify problems.

Benefits & Perks

• Competitive base salary.
• Paid time off.
• Hybrid schedule.
• 401k with employer match.
• Tuition reimbursement.
• Paid parental leave.
• Medical, Dental, Vision.
• Life Insurance.
• Supplemental Insurances.
• Short-Term & Long-Term Disability Benefits.
• Free parking.
• On-site Cafeteria.

About Us

Banesco USA is part of Banesco International, a worldwide group of financial institutions with presence in 6 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.

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