Bank Reconciliation Specialist

Company: Altus Receivables Management Inc.
Location: Metairie
Posted on: May 24, 2023

Job Description:

In business for 25+ years, Altus Receivables Management is the largest commercial only, business to business (B2B) collections company in North America. We help companies gain new levels of confidence and control over their credit to cash cycle by combining our advanced technology with the largest international network of trained, certified professionals to streamline collections at the highest levels of security and compliance. At the heart of our advanced technology is a powerful, customer-focused collection automation system called ARM STRONG. Built on the world's cloud-based customer relationship management (CRM) software, ARM STRONG automates and streamlines key functions of the debt collections process, reducing costs and boosting cash flow performance at every level. We are a very proud company with very high team member tenure, very high employee satisfaction and a positive culture built upon interpersonal respect and a passion for driving maximum results for our business to business clients. Come help us grow!The Bank Reconciliation Specialist will be responsible for ensuring that the company's financial transactions are accurately reflected in the company's books and records. This will involve reconciling the company's bank accounts and other financial accounts to ensure that all transactions are properly recorded. This position can be in-office, remote or hybrid.Responsibilities:Perform daily, weekly, and monthly bank reconciliations for US and Canadian bank accountsInvestigate and resolve discrepancies between the bank statement and the company's accounting recordsPrepare necessary journal entriesMonitor and track outstanding checks and deposits to ensure timely clearingReview and reconcile credit card transactions to ensure accurate recordingCollaborate with the accounting team to ensure accurate and timely financial reportingCommunicate with Controller regarding any discrepancies or issuesEnsure compliance with GAAP accounting policies and proceduresSave and index all bank statement copies and reconciliations for each month in designated foldersAssist in preliminary and annual auditsQualifications:Bachelor's degree in accounting or related field is preferred but not required with proven working experienceAt least 5 years of experience in bank reconciliation and related accounting experienceStrong understanding of accounting principles and proceduresProficiency in Microsoft Excel and other accounting softwareExcellent attention to detail and ability to identify discrepanciesStrong analytical and problem-solving skills and has a sense of urgencyEffective communication and interpersonal skillsWe offer a comprehensive benefits package, including health insurance, 401k, and paid time off.

Keywords: Altus Receivables Management Inc., New Orleans , Bank Reconciliation Specialist, Other , Metairie, Louisiana