Balancing Specialist The Balancing Specialist is responsible for balancing core applications, correspondent banks, general ledger accounts and internal checking accounts.
Duties & Responsibilities:
Prepare account reconciliations on core applications – checking, savings, loans, safe deposit and time deposits to the general ledger from core reports.
Prepare account reconciliations on correspondent bank accounts.
Prepare account reconciliations on general ledger and internal checking accounts.
Manage a number of general ledger balances to application totals using Core Balancing tool.
Reconcile Teller and ATM cash and prepare variation reports.
Reconcile official checks and perform various functions to support the program.
Reconcile Interest on Lawyers Trust accounts and submit interest earned to each states Bar Foundation.
Reconcile Florida Documentary Stamps and submit report for filing and payment.
Reconcile monthly Freddie Mac, Fannie Mae and FHLB reconciliations to identify differences.
Review reports and reconciliations of banks purchased for conversion to our system.
Work closely with other departments on research to make sure entries clear timely.
Support internal and external audits through timely and accurate completion of all reconciliations.
Education & Experience: Knowledge of:
- Strong oral and written communication skills
- Strong organizational skills
- Proficiency in accounting and finance systems
- Ability to:
- Complete work accurately to prevent/limit number of errors
- Maintain confidentiality of information
- Analyze and interpret numerical data
- Perform duties and make decisions under frequent time pressures
- Solve problems independently while applying logic and discretion
Education and Training:
Requires a High School Diploma with an Associate's degree in Accounting or Bookkeeping or equivalent banking experience a plus. Requires knowledge of Microsoft Office.
Compensation and Benefits:
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.(Base Pay Range: $20.00-$22.00/hr) Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity:
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.
