Reconciliation Analyst I
$47k - $60kBentoBox
Reconciliation Analyst I
Calling all innovators find your future at Fiserv. We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv.
As a Reconciliation Analyst in the Settlement Controls and Solutions Team (SCS), you will assist in ensuring accurate account reconciliation and identifying discrepancies through the analysis of transactions made on different card networks, such as debit, credit, fees, and chargebacks. You will leverage methodical precision to examine bank statements, general ledgers, and other financial data to evaluate discrepancies and escalate issues, as needed. You will collaborate with cross-functional teams to implement solutions, assist in creating procedures for new business as needed, and drive positive change to processes and tasks we support.
What you will do:
- Monitor and perform complex daily reconciliations and analysis of bank data for Wire and ACH settlements, identifying and resolving discrepancies as needed
- Work internally to process correcting entries to clients using automated tools as well as manual adjustments
- Accurately provide daily cash projections and report funding position changes to Treasury throughout the day
- Proactively escalate reporting and settlement issues to the appropriate team and facilitate timely resolution
- Collaborate with management and senior leadership on strategic matters
- Maintain accurate record of any reconciliation-related issues
- Actively participate in cross-training associates to further team expertise
- Partner with process owners and management on recommendations for process optimizations
What will you need to have:
- Experience in Accounting, Bookkeeping, Reconciliation, Banking, and/or similar discipline
- Experience in data analysis
- 4+ years of an equivalent combination of education, work and/or military experience
What would be great to have:
- Bachelors degree
- Experience in interpreting financial anomalies, reconciling financial records, identifying discrepancies, ensuring accurate treasury functions, and/or similar discipline
- Ability to lead and direct other associates within a team setting
- Proficient with Microsoft Office 365, Power BI, SQL, or Power Automate
- Specialized certifications such as CTP
How you'll work:
- This role is on-site Monday through Friday in Hagerstown, MD, Coral Springs, FL or Berkeley Heights, NJ. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experiences help you with your overall onboarding experience and leads to stronger productivity.
- This role requires use of a computer and audio equipment.
Sponsorship:
- You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.
Benefits at Fiserv:
- Fuel Your Life program to support your physical, financial, social, and emotional well-being
- Paid holidays and generous time away policies
- No-cost mental health support through Employee Assistance Programs
- Living Proof program to recognize your peers' extra effort with points redeemable for rewards
- Eight Employee Resource Groups to foster a collaborative culture and expand your network
- Unparalleled professional growth with training, development, and internal mobility opportunities
- Medical, dental, vision, life, and disability insurance options available from day one
- Retirement planning and discounted shares with the Employee Stock Purchase Plan
- Tuition assistance and reimbursement program
- Paid parental, caregiver, and military leave
Salary Range: $47,000.00-$60,000.00 These pay ranges apply to employees in Maryland. Pay ranges for employees in other states may differ. Certain Positions are Commissions eligible.
It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.
Thank you for considering employment with Fiserv. Please:
- Apply using your legal name
- Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).
Our commitment to Equal Opportunity:
Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.
If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contact View email address on click.appcast.io. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv's Disability Accommodation Policy for additional information.
Note to agencies:
Fiserv does not accept resume submissions from agencies outside of existing agreements. Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.
Warning about fake job posts:
Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.
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