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Job Description
What role you will play in team: Ensuring accurate reconciliation of financial accounts and reporting.
What you will do: Identify and resolve discrepancies, maintain records, and ensure timely completion of reconciliation processes.
Key responsibility:
- Perform daily, weekly, and monthly reconciliations of bank and investment accounts.
- Investigate and resolve any discrepancies identified during the reconciliation process.
- Maintain accurate and detailed reconciliation records.
- Meet strict deadlines for completing reconciliation tasks.
- Collaborate with other departments to resolve reconciliation issues.
Required Qualification and Skills:
- Bachelor's degree in Accounting or Finance.
- 1-2 years of experience in reconciliations.
- Strong attention to detail and accuracy.
- Proficiency in Microsoft Excel.
- Excellent analytical and problem-solving skills.
Benefits Included:
- Competitive salary and benefits package.
- Opportunities for career growth and development.
- Supportive and collaborative work environment.
- Health Insurance, Paid Time Off, Retirement Savings Plan.
A Day in the Life: Your daily routine will involve reviewing account statements, investigating discrepancies, updating records, and collaborating with colleagues.
Skills
ReconciliationsBank ReconciliationInvestment ReconciliationMicrosoft ExcelProblem-SolvingIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
State Street Corporation (stylized in all caps), is a global financial services and bank holding company headquartered at One Congress Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.
State Street is ranked 14th on the list of the largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.7 trillion under management and US$40.0 trillion under custody and administration in 2023. It is the largest custodian bank in the world, providing securities services and it is considered a systemically important bank by the Financial Stability Board. Along with BlackRock and Vanguard, State Street is considered to be one of the Big Three index fund managers that dominate corporate America.
The company is ranked 316th on the Fortune 500 as of 2022. The company is on the list of the banks that are too big to fail published by the Financial Stability Board. It is rated by Visual Capitalist as the third U.S. bank by uninsured deposits, with 91.2% of deposits being uninsured
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