Job Summary:

The Reconciliation Associate will play a crucial role in supporting the finance department by ensuring the accurate reconciliation of various financial records. This involves identifying discrepancies, investigating variances, and ensuring that all financial data is aligned with company standards. The associate will work closely with internal teams and external parties to resolve any issues related to account balances, transactions, and reporting.

Key Responsibilities:

• Account Reconciliation:

  • Perform daily, weekly, or monthly reconciliations of bank accounts, balance sheets, general ledgers, and other financial accounts.
  • Ensure that all transactions are accurately recorded in the system and that discrepancies are identified and resolved.

• Investigate Discrepancies:

  • Analyze and investigate discrepancies between internal and external records.
  • Coordinate with other departments (e.g., accounts payable, accounts receivable) to gather additional information when necessary.

• Reporting:

  • Prepare reconciliation reports and summaries for review by senior management or auditors.
  • Ensure that all reconciliation processes adhere to accounting standards and regulations.

• Data Entry & Maintenance:

  • Maintain accurate records of reconciliations, adjustments, and any corrective actions taken.
  • Ensure that all transaction data is accurately entered into accounting systems.

• Compliance & Controls:

  • Assist in ensuring that financial practices comply with regulatory requirements and internal control procedures.
  • Support internal and external audits by providing necessary documentation and reports.

• Collaboration & Communication:

  • Work closely with other finance and accounting teams to ensure alignment of financial records.
  • Communicate effectively with stakeholders regarding discrepancies, issues, and resolutions.

• Continuous Improvement:

  • Identify opportunities to streamline reconciliation processes and improve efficiency.
  • Suggest and implement process improvements related to reconciliation workflows.

Required Skills & Qualifications:

• Education:
  • Bachelor’s degree in Accounting, Finance, Business Administration, or related field (or equivalent work experience) or High School diploma.
• Experience:
  • 1-3 years of experience in accounting or finance roles, particularly in reconciliation or financial reporting.
  • Familiarity with accounting software (e.g., QuickBooks, SAP, Oracle) and Excel (advanced functions like VLOOKUP, pivot tables, etc.).

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.

Contact information

Hakeem Peterson