TEMP POSITION - RECONCILEMENT REPRESENTATIVE 3 - Community Bank System : Job Details

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.

As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

Responsibilities

This high-level accounting position is responsible for performing complex reconciliations of loan system balances, including participation loans, with the corporate general ledger. The role demands precision in providing comprehensive month-end variance analyses between loan operations and the accounting department. This position requires advanced expertise in Microsoft Excel to optimize reconciliation processes, financial reporting, and data analysis, particularly with participation loan portfolios

Essential Responsibilities:

* Perform a reconciliation of the SilverLake loan system balances of participation loans, with the Corporate General Ledger, ensuring accuracy and compliance with internal financial controls

* Reconcile participation loan balances with external participants, ensuring the accuracy of the loan share amounts, payments, and distributions to partners

* Investigate and resolve complex discrepancies, including unposted items, participation loan variances, and GL discrepancies, applying advanced Excel skills to analyze data efficiently

* Reconcile all loan-related general ledger and deposit accounts daily, including participation loan accounts, clearing outstanding items through general ledger entries or processing loan payments/reversals as necessary

* Act as a liaison with departments, branches, and external participants to resolve financial exceptions, leveraging expert Excel techniques for troubleshooting and analysis

* Perform other reconciliation duties as needed, ensuring the integrity and accuracy of financial data across various accounts and systems

* Communicate with other departments/branches regarding exception issues as they arise

* Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all training requirements in a timely manner

Ancillary Duties:

* As an integral member of the Loan Operations Department, this position will provide assistance wherever necessary to help the Loan Operations Department and the bank in achieving their annual goals.

* Cooperate with other members of the department to achieve departmental goals

* Perform other related duties as assigned or directed

Qualifications

Education, Training and Requirements:

* Associates Degree in Finance/Accounting or equivalent relative work experience required

* Bachelor's or Master's degree preferred

* All applicants must be 18 years of age or older

Skills:

* Exceptional attention to detail with advanced analytical and problem-solving skills

* Proven ability to manage multiple priorities, meet strict deadlines, and work effectively under pressure

* Superior written and verbal communication skills, enabling clear documentation and collaboration across departments

* Expert-level proficiency with Microsoft Excel, including advanced functions such as pivot tables, VLOOKUPs, and data modeling

Experience:

* Extensive experience in accounting, with a strong working knowledge of loan documentation and financial reconciliation processes

* Prior experience in financial services or banking industry preferred, with a focus on loan accounting

Other Job Information

Hours: Temporary position - Monday-Friday; 8:00-5:00

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.

The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.

Minimum

USD $20.00/Hr.

Maximum

USD $26.49/Hr.