Reconciliation Analyst

4 weeks ago


Mississauga, Canada Finastra USA Corporation Full time

**Responsibilities**:
**What will you contribute?**

**Responsibilities & Deliverables**:

- Prepare daily balancing, prior to submitting accurate and complete remittance and funding reports to clients within set deadlines
- Prepare bank, GL, and interest account reconciliations daily for our student lending clients
- Investigate, action, and resolve variances within set service standards; engage appropriate parties in variance resolution, such as with operational and technology teams, financial institutions, educational institutions, and clients
- Follow up on resolution of outstanding items and escalate when appropriate
- Process files, such as payment, grants, and other transactions, received from financial institutions, external clients, and internal customers within set service levels
- Maintain internal transactional databases to support monthly financial reporting
- Maintain the operational loss database and complete required reporting
- Issue disbursement and refund cheques, include maintaining cheque stock and associated cheque maintanence activities, such as returned and uncashed cheques
- Address internal and external requests and inquiries promptly and correctly
- Provide support during audits
- Supporting new clients and/or new requirements from clients, participating in creating templates and identifying requirements
- Participate in the identification and development of opportunities for streamlining
- Take on new tasks as assigned and/or willingness to cross train and learn new tasks

**Required Experience**:

- 2 - 3 years of Reconciliation experience or Accounting experience preferred
- ** Must** have strong proficiency with Excel and Access, with excellent attention to details
- Strong analytical, problem-solving, and investigative skills
- Comfortable working cross-functionally while balancing competing priorities through effective time management
- Ability to multi-task and manage multiple priorities with mínimal supervision
- Strong interpersonal skills, with the ability to establish and maintain effective working relationships with others
- Excellent written and oral communication skills, with the demonstrated ability to communicate detailed information in a comprehensive manner.
- Work well independently and in a team environment
- Interested, self-motivated, enthusiastic in learning the business
- College diploma in Business or Accounting preferred



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