Hybrid Assistant Vice President, Account Reconciliation and Controls

Posted last month

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About the role

  • Reconciliation of daily movements in assets and liabilities accounts and client settlements; investigate and resolve reconciliation breaks
  • Reconciliation of general ledger accounts for commercial and corporate loans in the system of record
  • Ensure all lending transactions are booked and managed accurately to minimize operational risks and ensure compliance
  • Conduct monthly certification of general ledger balances and identify/resolving breaks
  • Reduce errors and ensure adherence to audit and control policies; identify policy gaps and institute policies
  • Perform reconciliation data analysis and make insights-based recommendations
  • Conduct process mapping to identify significant risks and controls
  • Support internal and external audits and other requests
  • Oversee vendor quality control

Requirements

  • Experience implementing account reconciliation and controls practices within the highly regulated financial services sector
  • Advanced knowledge of audit, reconciliation and control process flows
  • Fluency in financial products, regional accounting principles and practices
  • Expert understanding of financial statements and general ledgers
  • Extensive knowledge of financial products, accounting principles and compliance regulations
  • Knowledge and experience on Reconciliation System (IntelliMatch system preferable)
  • Proven ability to explain procedures and rationale behind account reconciliation and control initiatives
  • Thorough understanding of regulatory and reporting requirements, risk types, policies and control measures
  • Extensive knowledge of applicable regional accounting agencies and principles such as FASB and GAAP
  • Expertise in process flow or workflow creation and process improvements
  • Demonstrated ability to analyze and interpret reports
  • Foundational skills: leadership, effective communication, analytical and critical thinking, decision-making, strategic thinking, collaboration, flexibility, integrity

Benefits

  • discretionary performance-based bonus and/or incentive compensation
  • comprehensive health and wellness benefits
  • retirement plans
  • educational assistance and training programs
  • income replacement for qualified employees with disabilities
  • paid maternity and parental bonding leave
  • paid vacation, sick days, and holidays
  • Total Rewards program
  • hybrid work arrangement (4 days on-site, 1 day remote)

Job title

Assistant Vice President, Account Reconciliation and Controls

Job type

Experience level

Lead

Salary

$72,000 - $105,000 per year

Degree requirement

No Education Requirement

Location requirements

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