Accountant - Bank Reconciliation Specialist

Bank Reconciliation Specialist

A well-known healthcare system in the Greater Philadelphia area is seeking a Bank Reconciliation Specialist to join its Corporate Finance team. This position plays a critical role in ensuring the accuracy, integrity, and completeness of the organization's financial records through timely and accurate bank reconciliations.

The ideal candidate will possess strong accounting knowledge, exceptional attention to detail, and significant hands-on experience utilizing the Infor (Lawson) financial system, particularly within General Ledger, Cash Management, and Accounts Payable modules.

Position Summary

The Bank Reconciliation Specialist is responsible for reconciling corporate bank accounts, researching and resolving discrepancies, and ensuring the accurate recording of cash transactions. This individual will collaborate closely with Finance, Treasury, Accounting, IT, and system administrators to support financial reporting, audit requirements, and process improvements.

Key Responsibilities

• Review and reconcile corporate bank statements with internal financial records
• Utilize Infor Cash Management to match transactions between bank activity and the General Ledger
• Extract, analyze, and validate financial data using Infor reporting and query tools
• Investigate, research, and resolve reconciliation variances and outstanding items
• Collaborate with IT and system administrators to resolve posting issues, workflow failures, and interface discrepancies
• Track cash activity, verify cash ledger postings, and troubleshoot mismatched transactions
• Prepare daily, weekly, and monthly bank reconciliation reports
• Maintain accurate documentation of reconciliation activities and supporting schedules
• Support month-end and year-end close processes
• Assist with internal and external audit requests related to cash and banking activity
• Ensure compliance with accounting policies, internal controls, and financial reporting standards
• Respond to inquiries regarding bank transactions and reconciliation issues
• Identify opportunities to streamline processes and improve reconciliation efficiency
• Provide guidance and support to team members as needed

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field
• Proven experience in bank reconciliations, cash management, or a related accounting function
• Strong understanding of accounting principles and financial reporting practices
• Hands-on experience with Infor (Lawson) financial software required
• Experience utilizing General Ledger, Cash Management, and Accounts Payable modules
• Advanced proficiency in Microsoft Excel and the Microsoft Office Suite
• Experience with general ledger accounting and month-end/year-end close activities
• Strong analytical, problem-solving, and investigative skills
• Excellent organizational and time-management abilities
• Strong written and verbal communication skills
• Ability to work independently and collaboratively within a team environment
• Ability to maintain confidentiality and handle sensitive financial information

Preferred Qualifications

• Experience within a large healthcare system, hospital, or complex corporate environment
• Experience supporting audits and compliance initiatives
• Prior experience training or mentoring team members
• Demonstrated ability to identify process improvements and enhance operational efficiencies

Ideal Candidate

The successful candidate will be a highly detail-oriented accounting professional with strong reconciliation experience and expertise within the Infor financial system. They will have the ability to analyze large volumes of financial data, resolve discrepancies efficiently, and collaborate effectively across departments. A proactive approach, strong professional integrity, and commitment to accuracy are essential for success in this role.

Benefits

• Competitive salary and comprehensive benefits package
• Health, dental, and vision coverage
• Retirement savings program
• Generous paid time off
• Professional development opportunities
• Collaborative and mission-driven work environment

If you are an experienced accounting professional with strong bank reconciliation expertise and hands-on Infor experience, we encourage you to apply for this opportunity with a leading healthcare organization in the Greater Philadelphia area.