Accounting Specialist - Wealth Operations

About the role

The main purpose of this job is to ensure the timely and accurate processing of incoming and outgoing funds for the Commerce Trust Company client accounts, including wire and ACH processing, check processing, check stop payments, and performing cost basis adjustments. Additionally, ensuring all activity is balanced and processed at the end of the day cutoff.

Responsibilities

• Maintain balance between the accounting and bank-related systems, related to wire and ACH processing, check processing, cash entries, and stop payments on checks.
• Communicate with internal partners as well as external financial institutions as needed.
• Monitor and research out-of-balance appearing on accounting-related reconciliation reports.
• Create the end-of-day Cash Control Spreadsheet used to complete the end-of-day reconciliation.
• Perform other duties as assigned.

Requirements

• Basic knowledge of banking products and services.
• Basic knowledge of complex accounting functions.
• Good analytical and problem-solving skills to research and resolve discrepancies.
• Effective communication skills with internal partners at various levels of leadership.
• Ability to work independently, prioritize tasks, and manage multiple priorities.
• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills.
• Basic level proficiency with Microsoft Word, Excel, Teams, and Outlook.

Qualifications

• A high school diploma, GED, or equivalent combination of education and experience required.
• One to two years of finance or trust operations experience preferred.

Skills

• Basic knowledge of banking products and services.
• Basic knowledge of complex accounting functions.
• Good analytical and problem-solving skills.
• Effective communication skills.
• Ability to work independently and prioritize tasks.
• Inquisitive, agile, and strong team player.
• Basic level proficiency with Microsoft Word, Excel, Teams, and Outlook.

Benefits

• Employer-sponsored health, dental, and vision insurance.
• 401(k).
• Life insurance.
• Paid vacation.
• Paid personal time.
• Career development.
• Education assistance.
• Voluntary supplemental benefits.

Pay

Compensation range: Hourly: $19.00 - $24.50 (based on relevant experience, skills, and competencies).

Schedule

Hybrid Schedule: Minimum of 2 days/week on-site (training will require up to 5 days per week in office for up to 8 weeks, depending on progress and business need).