Financial Analyst, Treasury Services

The Financial Analyst will play an important role within the SFS Bank Reconciliation Team reporting to the Treasury Services Administrator. This position is responsible for the bank reconciliations, general ledger account reconciliations and for maintaining a timely closing cycle for each period end for all member service stores and Wakefern subsidiaries. This position will be accountable for the administration of the bank reconciliation software and become the expert for all matters relating to the system. This position is an extremely deadline driven requiring acute time management skills, prioritization aptitudes and the ability to work independently or as part of the Team.

Essential Functions

The essential job functions of this position include, but are not limited to, the following:

• Responsible for the administration of the Bank Reconciliation software.
• Monitor and ensure all source files are imported into database daily.
• Manage Transaction Control queue to resolve import file errors.
• Review and analyze bank data to ensure activity is translating to appropriate Transaction Type.
• Configure/ Edit BAI import translations, transaction types and general ledger integration.
• Understand match rules within the reconciliation system, configure and edit match rules when needed.
• Execute the journal entry process from bank reconciliation sub system including merchant fees, cash adjusting entry and tolerance.
• Responsible to tie out the reconciliation subsystem to the general ledger system.
• Maintaining on-going communication with Members, various internal WFC Depts, Banking institutions, Internal and external information Technology Teams.
• Providing support with annual audit, as needed
• Recommend improvements and implement/ document new procedures
• Testing, training, rollout and support all reconciliation software upgrades.
• This position will be involved in departmental ad hoc projects and will work closely with the Treasury Services Administrator and Director of Treasury Services as needed.

Minimum Requirements

• Bachelor’s degree required (accounting/finance required) (Accounting Preferred)
• Minimum 3+ years of experience
• Strong Microsoft office skills, including knowledge of Excel (V-lookups and pivot tables)
• Strong analytical skills, willingness to understand transactional details and apply to the larger picture
• Adaptability in learning new software: demonstrated ability to quickly adapt and learn new software programs, showcasing a proactive approach to master technology tools.
• Ability to multitask with strong organizational skills and meet necessary deadlines
• Problem solving aptitude and Resourcefulness: Demonstrate problem solving skills to analyze challenges, identify solutions, and seek guidance when needed.
• Previous experience in Oracle accounting system and Trintech products is a plus
• Strong written and verbal communication and interpersonal skills
• Excellent team player who works extremely well in a collaborative environment
• Ability to maintain a high level of flexibility and adaptability

Additional experience considered a plus for this posting:

• Understanding of BAI system codes
• Understanding of Velocity Code
• Intellicus Front End Report Writing

Working Conditions & Physical Demands

• Ability to monitor computer screens for long periods of time
• Ability to work a hybrid schedule, with a current requirement of 4 days in person