Job Title: Reconciliation Specialist	Salary: 130K / Yearly
Location: Jersey City, NJ	Type: Full-Time
Zip Code: 07303

Description:

RESPONSIBILITIES
Primary tasks include but are not limited to:
? Reconcile subsidiary ledger to general ledger discrepancies for various product systems. Products supported are Fixed Income Securities, Money Market Instruments, Foreign Exchange, OTC Derivatives and Exchange Traded Futures & Options.
? Maintain detailed off-line reconciliations for general ledger activity that is processed manually to the general ledger outside of the upstream product systems.
? Reconcile Inter-Company transactions and balances, partnering with different support groups to resolve these breaks in a timely manner.
? Reconcile balances in back office processing systems to corresponding subsidiary ledger balances.
? Update Exception Management (consolidated workflow tool) with status & commentary on all control breaks.
? Review and process manual entries to the general ledger that are requested by various business groups.
? Diagnose repetitive root causes that create control breaks & partner with technology and operations to implement preventative measures going forward.
? Provide detailed commentary to internal business groups (ie Regulatory, Internal Audit, Corporate Accounting, etc) on the nature of balances and outstanding differences.
? Work closely with Operations to understand any possible impact to reported financial statements arising from outstanding control breaks around cash.
? Serve as back up to other members of the group.
? Work as part of various project groups designed to improve controls and efficiency.
? Assist with other tasks as required.


TECHNICAL SKILLS
Required/Must have:
? Strong understanding and working experience with GAAP is required.
? Strong working knowledge of diverse Capital Markets products.
? Extensive experience with reconciliations within a banking or financial institution.
? Candidate must have experience working with reconciliation tools, general ledger packages, and back office processing systems.
? Strong working knowledge of Microsoft Excel, Word and PowerPoint.

Desired/Plus:
? Expertise in MS Access is a plus.
? Understanding and working experience with IAS (International Accounting Standards) is desired.

COMPETENCIES
Required/Must have:
? Effective problem solving and analytical skills.
? Ability to work as a team player.
? Ability to effectively communicate (verbal and written).
? Good documentation skills.
? Detail-oriented.
? Strong organizational, time-management, and multi-tasking skills.
? Experience working with strict deadlines (i.e. month-end close process).

PRIOR WORK EXPERIENCE
Required/Must have:
? 4 ? 10 years relevant industry experience, specifically related to Accounting & Controls.

Desired/Plus:
? Experience with Change Management processes is a plus.

EDUCATION
Required/Must have:
? BA --- Accounting, Finance or equivalent industry experience.

Desired/Plus:
? CPA.

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