Accounting Analyst - Reconciliation
Strada · Illinois, United States · 1 wk ago
RemoteRemoteAccountingFull-time
About the role
We are seeking a detail-oriented Accounting and Reconciliation Analyst to support a special project focused on financial reconciliations, discrepancy resolution, and process integrity.
Responsibilities
- Reconcile general ledger accounts comparing the payroll activity against the general ledger
- Identify the need for reconciliation improvements and offer suggestions to facilitate the same
- Prepare bank reconciliations from comparison of payroll data vs. banking data leading to recognition of adjustments/actions needed to clear reconciling items
- Reconcile funding activity at company and employee level to verify proper third party payments
- Review Payroll to General Ledger interface error reports and defensive queries identifying proper reclassifications for payroll entries
- Understand journal voucher preparation and their effect to the general ledger
- Support Managers with client engagement ensuring all information is accurate and provided on time
- Provide support and guidance for all implementations and go lives
- Perform daily functional support to the teams, to support the successful delivery of General Ledger documents and files
- Perform financial audits, analyze data, reconcile and balance payroll results, payroll postings and GL interface transmittals for all on and off cycle processing’s and adjustment runs
- Review all variances through investigation and resolution processes, complete root cause analysis as required, and recommend client intervention procedures and communicate variances
- Analyze accounting compliance issues and determine financial impacts and risks to Strada/client financials/processes
- Facilitate appropriate resolutions based on those impacts, including system configuration changes
- Makes formal recommendations to the client regarding escalated issues and resolves client inquiries based on financial and legal compliance impacts and risks to Strada, Strada’s clients, and funding sources
- Analyzes internal processes, methods, and procedures to ensure appropriate audit controls are in place and being followed
- Responsible for the updating, maintaining, and enforcing of the Defined Work Instructions (DWIs) and other process documentation
- Responsible for the resolution of Technical/Functional issues escalated from the team and ensures all system issues/defects are reported correctly and tickets are logged with the necessary details and evidence so Application Services and/or Products can investigate
- Contributes to team meetings and raises any issues immediately to your Operations Manager
- Serves as expert responder to all audit requests ensuring the accurate and timely responses
- Communicates regularly with various payroll processing teams to resolve escalation issues and to share lessons learned to optimize service delivery
- Communicates with Clients and Vendors to resolve Accounting and Treasury related issues
- Supports Operational Management and Products to implement automation, innovation, and any continuous improvement programs
- Supports Year End
- Recognizes and deals appropriately with sensitive and confidential information
- Proactively identifies upsell opportunities
- Supports Management with the resolution of client escalations, along with lessons learned
- Upskills and develops team members through training delivery and coaching to enable them to fulfill their role
- Time Recording to be completed on time and accurately
- Other duties, as assigned by your immediate supervisor and/or manager
- Builds good relationships with all lines of businesses where appropriate
- Participates in projects and activities as needed and assigned
Qualifications
- Strong accounting foundation
- Exceptional analytical and organizational skills
- The ability to collaborate effectively across internal teams to resolve issues and meet critical deadlines
- Experience with payroll accounting or garnishments is a plus but not required
Skills
- Detail-oriented
- Strong analytical and organizational skills
- Effective communication and collaboration abilities
- Experience with Workday or similar accounting systems
- Ability to multitask and manage workload efficiently
- Knowledge of journal voucher preparation and their effect to the general ledger
- Ability to handle sensitive and confidential information
- Proactive problem-solving and decision-making skills
- Ability to work under pressure and meet deadlines
- Advanced skills using Excel and other relevant software
- Ability to identify and mitigate risks
- Excellent written and verbal communication skills
- Self-motivation and willingness to learn
- Collaborative and team-oriented approach
Benefits
At Strada, we support your whole self—offering a range of benefits for your health, wellbeing, finances, and future. These include health coverage, wellbeing programs, paid leave (vacation, sick, parental), retirement plans, learning opportunities, and more.