Manager - Corporate Reconciliations

April 3

🗽 New York – Remote

Although this job is listed in New York, this company may be open to hiring remote in other states.

💵 $85k - $110k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

👔 Manager

🦅 H1B Visa Sponsor

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Webster Bank

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Webster Bank is a financial services company that offers a wide range of banking solutions for individuals, small business owners, and commercial entities. It provides personal and business checking and savings accounts, loans, mortgages, and investment services, as well as wealth management and retirement planning. Webster Bank emphasizes digital convenience through mobile and online banking platforms while also providing personalized assistance from dedicated relationship managers. The bank is committed to serving diverse industries and communities, with specialized offerings in areas like healthcare, manufacturing, and government banking. Webster Bank is dedicated to helping clients achieve their financial goals through tailored solutions and expert guidance, ensuring security and trust are maintained at all times.

Commercial Banking • HSA Bank • Consumer Bank • Small Business • Asset Based Lending

1001 - 5000 employees

Founded 1935

🏦 Banking

💸 Finance

💳 Fintech

📋 Description

• Provide critical management and support for various control functions ensuring accurate and timely P&L, balance sheet, and month-end close procedures • Manages the processing, accounting entries, reconciliations, analysis and documentation of assigned job areas within the department • Ensure timely clearing and resolution of unresolved items or differences and monitoring and escalation of aged items • Improves the effectiveness of the team by making adjustments and/or enhancements to current accounting and/or reconciliation issues in an accurate and timely manner • Oversees loan accounting functions of the monthly, quarterly, and annual book close cycles, monitoring timely completion and escalating issues for resolution • Researches and applies accounting policy to business issues that arise • Establishes, documents and performs internal control procedures to ensure accurate and timely reconciliations • Understands how data flows through the financial systems to the accounting function in order to identify issues and take action to address them. • Continually assesses the business value and efficiency of the work performed, making suggestions for improvements and collaborating with others in implementing them. • Leads or actively participates in increasingly complex department projects and continuous improvement activities. • Ensure team’s compliance with all regulations, policies, and procedures. • Drive high performance and accountability for superior results and employee engagement. • Provide staff with timely, candid and constructive performance feedback; develop employees to their fullest potential and provide challenging opportunities that enhance employee career growth; recognize and reward employees for accomplishments.

🎯 Requirements

• Bachelor's degree in Accounting, CPA and/or graduate degree preferred • 5-8 years of accounting experience or progressively challenging experience within an accounting function, financial services preferred • Excellent computer skills -- especially in complex Excel functions to quickly be able to analyze data • Effective written and oral communication skills • Demonstrates the ability to understand and interpret complex accounting issues and processes and to recommend actions to ensure integrity of financial systems and compliance with GAAP. • Works and communicates effectively with management and staff throughout the organization • Demonstrates project management skills with proven success at managing projects to completion with limited supervision