Sr. Accounting Specialist - Reconciliation Center of Excellence

Are you a highly skilled accounting professional looking to take the next step in your career? Look no further than Bank of America's Reconciliation Center of Excellence! As a Senior Accounting Specialist, you will play a crucial role in ensuring the accuracy and integrity of our financial records. We are seeking a detail-oriented and analytical individual with a passion for numbers and a strong background in reconciliation. If you thrive in a fast-paced environment and have a strong understanding of accounting principles, we want you to join our team. Keep reading to learn more about this exciting opportunity.

1. Perform daily reconciliations of bank accounts, general ledger accounts, and other financial accounts within established timeframes.
2. Identify and resolve discrepancies and variances in account balances through research and analysis.
3. Ensure accuracy and completeness of financial records by reviewing and verifying data.
4. Develop and maintain strong working relationships with internal and external stakeholders, including banks and vendors.
5. Prepare and review monthly, quarterly, and annual financial reports.
6. Assist with the implementation of new accounting policies and procedures.
7. Maintain a thorough understanding of accounting principles and stay up to date on industry developments.
8. Train and mentor junior accounting staff on reconciliation best practices.
9. Collaborate with other departments to streamline processes and improve efficiency.
10. Conduct regular audits to identify any potential risks and implement corrective actions.
11. Communicate effectively with management and provide recommendations for improving financial processes.
12. Stay organized and prioritize tasks to meet multiple deadlines.
13. Adhere to all company policies, procedures, and regulatory requirements.
14. Continuously seek opportunities for process improvement and implement solutions.
15. Participate in special projects and initiatives as assigned by management.

According to JobzMall, the average salary range for a Sr. Accounting Specialist - Reconciliation Center of Excellence is between $60,000 to $80,000 per year. However, this can vary depending on factors such as location, experience, and company size. Some positions may also offer additional benefits and bonuses.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.