Reconciliation Specialist - Deposit Operations

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2 Locations
In-Office
Mid level
Fintech • Software • Financial Services
The Role
Perform regular daily, monthly, and quarterly reconciliations of bank statements, accounts, and ledgers; investigate and resolve discrepancies; collaborate with internal teams and senior staff to improve reconciliation processes and ensure accurate financial reporting.
Summary Generated by Built In
Job Summary & Responsibilities
Responsibilities include but are not limited to:
  • Perform regular reconciliations of bank statements, accounts, and ledgers to identify discrepancies and ensure accuracy in financial reporting.
  • Investigate and resolve discrepancies in a timely manner, collaborating with internal teams to gather necessary information and documentation.
  • Preparation and review of daily, monthly, and quarterly account reconciliations to ensure accuracy and completeness.
  • Collaborate with senior team members to streamline reconciliation procedures and enhance efficiency.
Preferred Qualifications
Required Skills:
  • Proficiency in Microsoft Excel, including pivot tables and VLOOKUP functions.
  • Familiarity with accounting software such as SAP
  • Experience with financial databases and reporting systems.
  • Excellent verbal and written communication. Ability to write correspondence and present information to peers and management.
  • Strong analytical, problem solving, and decision-making skills to effectively uncover and resolve issues.
  • Detail oriented, strong organizational skills, and high degree of accuracy. Ability to handle multiple projects simultaneously.
Required Experience:
  • High School Diploma/GED and a minimum of 3 years of experience in Finance or Accounting.
Preferred Experience:
  • FIS/IBS (Integrated Banking Solutions). Associate or bachelor's degree in a related field.

Skills Required

  • Proficiency in Microsoft Excel, including pivot tables and VLOOKUP functions.
  • Familiarity with accounting software such as SAP.
  • Experience with financial databases and reporting systems.
  • Excellent verbal and written communication; ability to write correspondence and present information to peers and management.
  • Strong analytical, problem solving, and decision-making skills.
  • Detail oriented, strong organizational skills, and high degree of accuracy; ability to handle multiple projects simultaneously.
  • High School Diploma/GED and a minimum of 3 years of experience in Finance or Accounting.
  • FIS/IBS (Integrated Banking Solutions).
  • Associate or bachelor's degree in a related field.

Valley Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Valley Bank and has not been reviewed or approved by Valley Bank.

  • Healthcare Strength Health coverage spans medical, dental, and vision with HSA/FSA options alongside life, AD&D, disability, and EAP support. The breadth presents as a comprehensive, modern package for a regional bank.
  • Leave & Time Off Breadth Time off offerings include vacation/PTO, sick leave, and volunteer PTO. Feedback suggests these elements contribute positively to work–life balance even when base pay feels light.
  • Retirement Support Retirement programs include a 401(k) with company match and, for eligible employees, a deferred compensation plan. The presence of these programs strengthens total compensation.

Valley Bank Insights

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The Company
HQ: Morristown, New Jersey
3,595 Employees
Year Founded: 1927

What We Do

At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927. For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small. We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed. ©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.

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