What are the responsibilities and job description for the Analyst, Corp Reconciliations position at Webster Bank?
If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
As a Corporate Reconciliations Analyst at Webster Bank, you will be responsible for performing assigned daily and monthly general ledger reconciliations, ensuring discrepancies are promptly identified and resolved. You’ll work closely with various departments to investigate reconciling items and provide clear guidance on reconciliation policy and best practices.
In this role, you’ll support ongoing training efforts by mentoring team members and helping to update reconciliation procedures. You will also assist with testing and validation during the development of automated reconciliations in Oracle Clouds reconciliation module, helping ensure reporting accuracy and consistency. This position will involve preparing ad hoc financial reports for senior management and assisting with external audits and SOX testing.
With a focus on continuous improvement, you’ll be expected to identify opportunities to streamline reconciliation processes and enhance internal controls. Success in this role requires strong analytical skills, attention to detail, and a collaborative mindset that reflects Webster’s core values of integrity, accountability, and excellence.
If you’re a motivated professional with a solid foundation in accounting or finance, and a passion for solving problems and improving processes, this is an opportunity to grow your career within a values-driven organization.
Key Responsibilities:
Perform daily and monthly reconciliations as assigned
Interact with various departments to resolve general ledger reconciling items
Provide policy interpretation and direct support regarding reconciliation issues to the business lines
Support in the training of team members.
Assist in the drafting and updating of the GL reconciliation procedures.
Assist with testing and validation during the development of automated reconciliations in Oracle Clouds reconciliation module
Prepare special financial reports and analyses for senior management as assigned
Assist in preparation of materials as part of the annual external audits and SOX testing
Identify areas in the organization with process improvement opportunities
Experience:
High School Diploma required, Bachelor‘s degree Accounting or Finance preferred
minimum of 1-3 years of accounting or finance experience is required
Financial services industry experience preferred
Must demonstrate attention to detail in a fast-paced work environment and the ability to manage and prioritize multiple projects simultaneously to achieve results
Must be able to communicate effectively with colleagues and others across the organization
Advanced knowledge of Excel and Microsoft Word is preferred
The estimated base salary range for this position is $74,000 USD to $80,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
#L1-JS1
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
As a Corporate Reconciliations Analyst at Webster Bank, you will be responsible for performing assigned daily and monthly general ledger reconciliations, ensuring discrepancies are promptly identified and resolved. You’ll work closely with various departments to investigate reconciling items and provide clear guidance on reconciliation policy and best practices.
In this role, you’ll support ongoing training efforts by mentoring team members and helping to update reconciliation procedures. You will also assist with testing and validation during the development of automated reconciliations in Oracle Clouds reconciliation module, helping ensure reporting accuracy and consistency. This position will involve preparing ad hoc financial reports for senior management and assisting with external audits and SOX testing.
With a focus on continuous improvement, you’ll be expected to identify opportunities to streamline reconciliation processes and enhance internal controls. Success in this role requires strong analytical skills, attention to detail, and a collaborative mindset that reflects Webster’s core values of integrity, accountability, and excellence.
If you’re a motivated professional with a solid foundation in accounting or finance, and a passion for solving problems and improving processes, this is an opportunity to grow your career within a values-driven organization.
Key Responsibilities:
Perform daily and monthly reconciliations as assigned
Interact with various departments to resolve general ledger reconciling items
Provide policy interpretation and direct support regarding reconciliation issues to the business lines
Support in the training of team members.
Assist in the drafting and updating of the GL reconciliation procedures.
Assist with testing and validation during the development of automated reconciliations in Oracle Clouds reconciliation module
Prepare special financial reports and analyses for senior management as assigned
Assist in preparation of materials as part of the annual external audits and SOX testing
Identify areas in the organization with process improvement opportunities
Experience:
High School Diploma required, Bachelor‘s degree Accounting or Finance preferred
minimum of 1-3 years of accounting or finance experience is required
Financial services industry experience preferred
Must demonstrate attention to detail in a fast-paced work environment and the ability to manage and prioritize multiple projects simultaneously to achieve results
Must be able to communicate effectively with colleagues and others across the organization
Advanced knowledge of Excel and Microsoft Word is preferred
The estimated base salary range for this position is $74,000 USD to $80,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
#L1-JS1
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Salary : $80,000
