Corporate Reconciliations Senior Analyst II

Corporate Reconciliations Analyst

Assist with the design, conversion and implementation of complex reconcilements and related queries or data extracts. Assist with data and system validation and conversion for system upgrades; recon automation; new products or business initiatives; and mergers or acquisitions affecting corporate reconcilements. Design and coordinate testing and training related to assigned reconcilement or source systems and teams.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Independently extract, analyze, prepare and submit summary and detail reports from reconcilement systems, including Frontier, T-Recs, SharePoint, Account Reconcilement Platform (ARP), Mortgage Servicing Platform (MSP), and other data resources on a defined or ad hoc basis for Corporate Reconciliations Leadership Team and Executive Management review.

2. Maintain necessary documentation of source data.

3. Monitor reconcilement performance to detect unusual or significant outstanding items or trend development; escalate to management, as appropriate.

4. Assist with data and system validation and conversion for system upgrades, reconcilement automation, new products or business initiatives, and mergers or acquisitions affecting corporate reconciliations.

5. Assist with the design, conversion and implementation of complex reconcilements and related queries or data extracts, including transaction system data and Hyperion, Monarch, or Systems Applications and Products (SAP) Business Intelligence queries / models.

6. Design and coordinate testing and training related to assigned reconcilement or source systems and teams.

7. Maintain a working knowledge of generally accepted accounting principles.

8. Maintain financial information via the use of simple spreadsheets to more complex databases.

9. Prepare and maintain documentation of business unit processes and procedures.

10. Identify process improvement opportunities to improve timeliness and accuracy of data and internal controls.

11. Ensure timely and complete updates.

12. Complete or review and approve complex and time sensitive reconcilements according to general ledger reconcilement standard.

13. Assist with the cross-training of fellow associates.

Required Qualifications :

The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree in Accounting, Finance or IT, or equivalent education and related training

2. Five years of experience in related field

3. Demonstrated organizational and leadership skills

4. Understanding fundamental concepts of account reconciliation

5. Demonstrated proficiency in basic computer applications, such as Microsoft Office (Word, Excel, Access and PowerPoint)

6. Strong verbal and written communication skills

7. Strong analytical, problem solving and decision-making skills

8. Proficiency with automated reconciliation applications and source application systems

Preferred Qualifications :

1. Master's degree in Accounting or Finance

2. Professional designation of Certified Public Accountant (CPA) or Certified Management Accountant (CMA)

3. Specific financial services or specialized industry experience

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation :

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and / or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.