Job Information
OceanFirst Bank Financial Operations & Adjustments Specialist in Toms River, New Jersey
Position : Financial Operations & Adjustments Specialist
Location : Toms River, NJ
Requisition ID: : 4204
At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About the Role
Responsible for the completion of reconciliations and timely resolution of outstanding exception items in accordance with established Bank policies. This includes evaluating processes for operational efficiencies.
What You Will Do
Performs the daily reconciliation of general ledger, correspondent bank and DDA accounts related to bank operations.
Coordinates general ledger entries related to bank reconciliations, including ATM/ITM settlement.
Ensures all transactions are accurately accounted for within the reconciliation.
Research reconciliation discrepancies and escalates to management, as required.
Analyzes workflow disruptions and aligns with stakeholders to determine root causes and action plans.
Evaluates processes to determine efficiency opportunities and makes recommendations to management.
Leads and coordinates activities of other lower-level staff members performing reconciliations.
Directs retail branch network regarding research/questions.
Responds to both internal and external audit requests.
Performs other duties as directed by Management.
What We Expect of You
Expertise in accurately completing reconciliations.
Strong familiarity with a variety of reconciliation concepts, practices, and procedures as it relates to bank operations.
Strong analytical and technical skills.
Excellent attention to detail.
Advanced Excel skills, including v-lookups, pivot tables, and formulas.
Ability to effectively work to accomplish tasks on an independent basis.
Ability to clearly provide information and instruction to others.
Excellent time management and organizational skills in order to meet deadlines.
Your Qualifications
Bachelors degree or equivalent experience required.
3-5 years reconciliation experience, preferably in a banking environment.
Internal and External Contacts
Internal contact with all levels of Bank personnel.
External contact related to reconciliation process.
Working Conditions/Physical Requirements
Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.