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Senior Accounting Specialist - Check Operations

Bank of America

Bank Of America Operational Accounting RoleAt Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!This job is responsible for resolving complex operational accounting functions and issues in accordance with standard procedures. Key responsibilities include conducting analyses of complex issues related to all operational accounting functions, such as general accounting, accounts payable, and accounts receivable. Job expectations include performing analytical research and leveraging judgment to make informed decisions using accounting systems and tools, following established processes, coaching and training employees, and handling exceptions and escalations within the Line of Business.Line of Business Job DescriptionResolves research and adjustment inquiries within the bank's practices and procedures. Responsibilities include: investigates daily incoming research and adjustment inquiries; resolves differences; answers service requests and inquiries received from various channels; determines accounting entries and makes appropriate disposition. Maintains internal operational and financial controls and ensures that they are observed for all assigned cases. Ensures that all cases are resolved in compliance with industry regulations and bank procedures, integrity levels of the department's case management system and financial controls. May provide support to and training to other researchers within the department. Handles more complex cases which require analytical and problem resolution skillsSchedule: Monday – Friday | 7:30 am - 4:00 pm ETResponsibilities:Maintains accurate and complete records including ledgers, invoices, and receipts by referencing documents to verify, record, and process transactionsPrepares financial reports and budgets and assists with audits to resolve discrepanciesProcesses and organizes invoices to ensure bills are received and paid in a timely mannerDemonstrates an understanding of workflow processes and adheres to Service Level Agreements and federal and state laws, rules, and regulationsManages the end-to-end workflow process by using various accounting systems and toolsResearches and analyzes complex procedures, cases, and situations that may come up during account reconciliation activitiesRequired Skills:Proficient Reconciliation Experience 1-3 yearsExposure to Official Items systems such as SMS, FIRST, FDES, APECS, IMAGEVIEW, CONTENT NAVIGATOR etcProficient PC and calculator skillsEffective organizational and time management skillsEffective attention to detail and accuracyStrong written & verbal communication skillsCustomer/client focusPeople orientedAbility to work in high volume environment, adhering to production standards and SLA's set by managementConsistently meets or exceed established performance standards on all job assignmentsWorking knowledge of debits/credits, banking regulations and Reconciliation ApplicationsUnderstands how his/her role relates to the business unit objectivesEasily adapts to and supports changeDrives for resultsDesired SkillsBasic understanding of the Official Items end to end processBasic understanding of upstream/downstream business partner processes (i.e. IP, Returns, Proof, R&A, OD Services, Decision Teams, IRC, ARP, etc.)Strong MS Office suite skills (Word, Excel, PowerPoint, Outlook)Previous banking experienceSkills:Business AcumenFinancial AccountingProject ManagementResearchWritten CommunicationsAttention to DetailCoachingIssue ManagementRegulatory ComplianceRelationship BuildingAdaptabilityBusiness Process AnalysisCritical ThinkingData VisualizationLearning DeliveryMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalentInternal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.Shift:1st shift (United States of America)Hours Per Week:40 Bank of America

Vacancy posted 2 days ago
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