Assumes responsibility for assigned bank accounts and other balance sheet account reconciliations.
Monitors general ledger and bank postings including outstanding checks throughout the month using the Frontier Reconciliation application to match transactions, to address fallout minimizing reconciling items at month end; to prepare formal reconciliation, and to monitor resolution to clear reconciling items for assigned accounts.
Utilize Frontier s workflow features to track, investigate, and resolve unmatched items and exceptions, ensuring timely clearing and accurate documentation.
Maintain detailed audit trails in Frontier to support compliance with internal controls, SOX, and audit standards.
Collaborate with Treasury Data & Tech Enablement team and Operations teams as well as Banking contacts across time zones to resolve discrepancies and ensure reconciling items are addressed and cleared.
Provide audit support by gathering and delivering reconciliation reports, supporting bank reports including detail outstanding check lists, and explanations for all outstanding items.
Ensure reconciliation reports including supporting bank reports are completed accurately and saved to the shared drive in accordance with month-end and quarter closing deadlines.
Assist in documenting Standard Operating Procedures (SOPs).
Analyze manual matches in Frontier and recommend enhancements to match pass criteria to improve auto match criteria to improve auto match statistics.
Monitor new bank accounts to ensure timely cash posting to the general ledger, receipt of bank reports and User access to bank portal.
Forward reconciliation reports and supporting bank reports to Line of Business for selected accounts monthly.
Participate in process improvements to increase reconciliation efficiency, automation, and data accuracy.
Provide status updates and issue escalations to the U.S.-based Treasury Manager as appropriate.
