Primary Purpose of Job
Responsible for ensuring all high priority control, general ledger and internal demand deposit accounts are reconciled daily. Reconciles items identified to minimize financial exposure and to provide accurate financial reporting for the bank.
Major Job Accountabilities
- Performs general ledger reconciliations and prepares reports on all high priority control general ledger and internal demand deposit accounts daily.
- Ensures reconciling items are identified in a timely and efficient manner to minimize potential high risk to the bank.
- Prepares and submits, if any, adjusting general ledger entries for posting.
- Notifies and follows-up with branches/departments to ensure that reconciling items are resolved in a timely manner.
- Identifies any issues, incidents, and/or discrepancies that may require escalation.
- Ensures that procedures are regularly reviewed and up to date. Actively reviews the processes of the GL Reconciliation team and provide/execute improvement ideas.
- Participates in special projects and 3rd party service provider upgrades on behalf of the team.
Experience Required
- Minimum two (2) years of General ledger reconciliation experience or bank operations experience.
Leadership Experience, Required Skills or Training
- Able to prioritize and manage multiple tasks and deadlines simultaneously and accurately in a fast-paced work environment.
- Good analytical and critical thinking skills, able to independently problem solve and resolve issues, by exercising sound judgment.
- Well organized and excellent attention to detail.
- Excellent verbal and written communication skills.
- A good knowledge of accounting/finance knowledge preferred.
- Highly proficient in the use of Microsoft Excel.
- Proficient skills in other Microsoft Office Applications (i.e., Word, Outlook) and able to adapt quickly to new technology and tools.
- Able to work independently, effectively, and efficiently while providing support to the team and other departments.
- Ability to deepen working relationships, and a proven ability to remain flexible and adapt to rapidly changing priorities.
Skills Required
- Minimum two years of general ledger reconciliation experience or bank operations experience
- Ability to prioritize and manage multiple tasks and deadlines accurately in a fast-paced environment
- Good analytical and critical thinking skills with independent problem-solving ability
- Strong organizational skills and attention to detail
- Excellent verbal and written communication skills
- Knowledge of accounting and finance
- Highly proficient in Microsoft Excel
- Proficiency in Microsoft Word, Outlook, and other Microsoft Office applications
- Ability to work independently and support team members and other departments
- Flexibility and adaptability to changing priorities
What We Do
American Savings Bank (ASB) has served Hawaii’s businesses and communities for over 100 years, offering a full range of financial services including business and consumer banking, home loans, insurance and investments. One of Hawaii’s leading financial institutions, ASB provides convenient online banking and branch locations statewide with evening, weekend and holiday hours. For six years, Forbes has named ASB America’s Best In-State Bank, recognizing its performance in trust, branch and digital services, customer service, financial advice, and terms and conditions. ASB pairs its customer experience with a nationally recognized employee experience. It has been named one of Hawaii Business Magazine’s Best Places to Work for 15 years and honored by American Banker as one of the Best Banks to Work For, by Newsweek as one of America’s Greatest Workplaces, and by Fortune as one of the 100 Best Workplaces for Women and 50 Best Workplaces for Diversity. Through its Seeds of Service program, ASB teammates have contributed more than 136,000 volunteer hours, with millions of dollars donated to Hawaii nonprofits and community organizations. For more information, follow American Savings Bank on Facebook, Instagram and LinkedIn.
