Job Summary
We are seeking a skilled finance professional to manage daily financial operations. This role involves managing incoming funds, reconciliations, and ensuring accuracy and compliance with regulatory requirements.
Key Responsibilities:
* Daily, weekly, and monthly reconciliations must be completed on time, with any discrepancies researched and resolved promptly.
* Monitoring daily activity and reviewing control processes relating to monetary transactions and clearing accounts is crucial.
* The successful candidate will reconcile and prepare monthly remittance of sales tax for external accounting firms and submit it through state websites.
* Daily entries with source documentation backup must be prepared and processed in CAD and TREE, while reviewing and approving other team members' entries.
* Daily GL Link processing involves comparing InfoLease reports/extracts against Synergy totals and ensuring all entries passed through after the nightly job stream.
* Scanning checks received via BIC and monitoring the outgoing check file sent to FEDs to ensure Santander receives funds for checks posted in the system are essential tasks.
* Incoming wire transfers and ACH transactions must be tracked and maintained in a spreadsheet to ensure all transactions are posted.
* Payments and payoffs must be reviewed and validated as expected, with the successful candidate serving as a second reviewer for Daily proof of payments and payoffs.
* The daily Treasury rate in InfoLease must be updated or served as a second reviewer.
* All payments and payoffs received via wire & ACH must be submitted to Posting to process, along with buyout quotes and wire confirmations/ACH screenshots after verifying the funds.
* Payoff assets from inventory that have been sold by the workout group must be processed, with any necessary Journal entries prepared as needed.
* Stop payments must be placed on Official checks lost/stolen/destroyed and reissue, while completing the monthly escheatment report for CEVF stale dated items sent by the Escheatment Dept.
* The successful candidate will research and respond to incoming commercial loan requests/emails/inquiries received from business areas.
* Assistance with Lockbox, ACH, and Posting when necessary is required.
* Efficient time management is necessary to execute all daily/weekly/monthly tasks.
* A professional work ethic is essential in this role.
* Collaboration with internal teams to resolve payment issues and discrepancies is critical.
* Proper documentation must be filed/saved appropriately and available for internal and external audits.
* Identifying and resolving problems within established guidelines is an important part of this role.
* Participation in Bank projects as needed (UAT testing, system upgrades, new procedures) is required.
* Procedure review and updates (on demand and annual) are also essential.
Qualifications:
1. Bachelor's Degree or equivalent work experience: Business or equivalent degree is required.
2. Working knowledge in Company's documentation and banking operations: 3+ years of experience is required.
3. Accounting knowledge and experience: proficiency in debits and credits, general ledgers, and Journal entries is necessary.
4. Excellent communication, organizational skills, and attention to details: these skills are essential in this role.
5. Ability to adhere to policies, procedures, and instructions of management: this is a critical requirement.
6. Ability to adapt quickly and be a team player: flexibility and teamwork are essential in this role.
7. Ability to manage multiple tasks/projects and deadlines simultaneously: strong time management skills are necessary.
8. Displays a can-do attitude and willingness to learn: a positive attitude and eagerness to learn are essential.
9. Sees through complexity and detail to get to the critical issues at hand: analytical skills are necessary in this role.
10. Working knowledge in Commercial Banking: experience in Commercial Banking is desirable.
11. Ability to work in a fast-paced environment with little supervision: self-motivation and independence are necessary.
12. Ability to work well with others and on teams: teamwork and collaboration are essential in this role.
13. Demonstrated proficiency in Microsoft Office, including Word, Excel, and PowerPoint: these skills are necessary.
14. Knowledge of Syndicated and Commercial Loan products and markets: experience in these areas is desirable.
15. Demonstrated knowledge of other banking products and the ability to apply that information to this role: a broad understanding of banking products is necessary.