United States onlyOperations Reconciliation Analyst
Department: Operations
Employment Type: Full Time
Location: Remote
Description
Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.
Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.
Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.
Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.
What you'll do:
- Perform daily, weekly, and monthly payment reconciliations for a high volume of transactions across various general ledger and internal bank accounts.
- Leverage your advanced Microsoft Excel skills (pivot tables, VLOOKUPs, advanced formulas) to efficiently analyze large datasets, identify variances, and create clear reconciliation reports.
- Utilize and develop Excel macros to automate matching processes and enhance efficiency in discrepancy identification.
- Investigate and resolve complex reconciliation breaks, collaborating with various internal departments (e.g., Finance, Accounting, IT) to understand root causes and drive timely resolution.
- Document reconciliation procedures, identified issues, and resolutions with meticulous attention to detail.
- Contribute to continuous improvement initiatives, identifying opportunities to enhance existing reconciliation processes and controls.
- Provide clear and concise reporting on reconciliation status and outstanding items to management.
What you need:
- 4 years of experience in financial operations, accounting, or reconciliation, preferably within the banking industry.
- Demonstrated advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and macro development/troubleshooting. (This is key given your input!)
- Strong analytical and problem-solving abilities with a proven track record of investigating and resolving financial discrepancies.
- Exceptional attention to detail and a high degree of accuracy.
- Excellent communication skills, both written and verbal, with the ability to articulate complex financial issues clearly.
- Ability to work independently and as part of a collaborative team in a fast-paced environment.
- A proactive approach to identifying issues and implementing solutions.
- Experience with general ledger systems.
- A strong understanding of banking payment processes.
- Relevant certifications (e.g., in data analysis, Excel expertise).
