FINANCE OPERATIONS MANAGER

Star

$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in finance operations or related field
  • Strong understanding of account reconciliation practices
  • Proficiency in financial software and systems
  • Exceptional analytical and problem-solving skills
  • Ability to manage and develop team members
  • Experience liaising with auditors and regulatory bodies
  • Strong communication skills for cross-functional collaboration

Responsibilities

  • Oversee daily account reconciliations and cash balancing
  • Manage team members and stakeholders for timely financial closure
  • Enhance operational workflows for better efficiency
  • Implement and uphold internal controls effectively
  • Supervise the reconciliation team, ensuring their development
  • Resolve outstanding reconciliation items promptly
  • Develop procedures for account reconciliation processes

Benefits

  • Affordable medical, vision, and dental coverage
  • Flexible dependent care account and health savings account
  • Employee wellness initiatives (physical, mental, financial)
  • Short-term and long-term disability insurance
  • Life insurance and tuition reimbursement
  • 401k with employer match
  • Generous paid time off including 10 1/2 holidays
Full Job Description
The Finance Operations Manager position is included in a workplace model that allows for a combination of in-office and remote work.

The Finance Operations Manager is responsible for the financial operations of the bank ensuring accuracy and consistency in financial records. The role involves managing transaction processing, system changes, reconciliation and internal controls. The role is highly collaborative within the Accounting function and other operational areas of the bank.

  • Oversee the daily process of account reconciliations and cash balancing within the bank to ensure accuracy and consistency for financial reporting.
  • Manage team members and key stakeholders in the reconciliation process to ensure a timely financial close.
  • Improve operational workflows to increase efficiency and effectiveness.
  • Implement and maintain effective internal controls.
  • Supervise, develop and develop reconciliation team.
  • Ensure reconciliation aging is maintained and outstanding items are resolved in a timely manner.
  • Develop and maintain procedures related to account reconciliation process.
  • Works directly with the Controller on the establishment and maintenance of a classification system for new and established general ledger accounts to meet the reporting requirements of various regulatory authorities.
  • Liaison with external auditors, internal auditors and examiners as needed.
  • Coordinate and manage core system changes with necessary counterparties including Controller, Deposit Services and Loan Services.
  • Develop and maintain processes to ensure chart of accounts are active, access is appropriate and explore opportunities to improve.
  • Maintain integration and effectiveness of the bank's reconciliation software and processes.
  • Participate in project implementations to ensure disruption or business impact is minimized.


In addition to traditional compensation and benefits packages, our leaders continue to collaborate to launch innovative employee benefits and perks including, Affordable Medical/ Vision/ Dental Coverage • Flexible Dependent Care Account • Health Savings Account (with employer contributions) • Prescription Drug Plan • Employee Wellness Initiatives (physical/mental/financial) • Health Management Reimbursement Program • Short Term/Long Term Disability • Life Insurance • Tuition Reimbursement • Competitive Pay and Bonus Program • 401k (with employer match) • Generous Paid Time off including 10 1/2 holidays.

** Eligibility of benefits are determined by employment status classification and may be discussed during the interview process.

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