Security Finance · 1 month ago
Bank Reconciliation Specialist
Spartanburg, SC
Full-time
Onsite
Entry, Mid Level
2+ years expSecurity Finance is a long-standing leader in the consumer finance industry, dedicated to exceptional service and community investment. The Bank Reconciliation Specialist will be responsible for monitoring bank account activities, reconciling balances, and performing essential accounting tasks to ensure the financial operations run smoothly.
Financial ServicesPersonal FinanceTax Preparation
Responsibilities
Reconcile select intercompany cash accounts
Reconciliation of assigned accounts with reconciliation software systems within daily and monthly deadlines
Communicate and maintain good rapport with banking contacts concerning reconciling issues, statement errors, branch customer service issues, check cashing issues, etc
Correspond with branch locations and supervisors regarding reconciling items, researching and resolving
Research of returned checks; corresponding with branch locations to reverse and resolve from customers’ accounts and clearing with bank transactions
Utilize current software and banking websites and perform due diligence on disbursement accounts outstanding checks for escheatment
Will have primary responsibility for one or more of the below activities and provide backup support for others:
Reconciliation of live check accounts, identifying fraudulent/counterfeit activity, correspond with field personnel, bank contacts and legal team to resolve
Reconciliation of centralized bank accounts with reconciling software, identifying fraudulent activity and follow-up to prevent monetary losses
Reconciliation of stand-alone bank accounts within reconciling software, identifying fraudulent activity and follow-up to present monetary losses
Reconciliation of electronic payment transactions within reconciling software daily and monthly
Prepare, maintain, and compile excel spreadsheets for chargebacks, refunds, and credits
Prepare daily transactional book file postings for all electronic transactions and imports into General Ledger
Prepare monthly postings of ICA fees for all electronic transactions and imports into General Ledger
Compile debit card reports and provide to upper management monthly to analyze trends
Reconciliation of PFS ACH Dealers, both Cash and Clearing Accounts monthly
Reconciliation of Prepaid Debit Cards, both Cash and Clearing Accounts monthly
Monitor field location funding needs via Increase Cash Supply (ICS) and Decrease Cash Supply (DCS) request; generate ACH transactions via banking website and forward for final approval
Process and approve PFS ACH Dealers in Home Office for ACH payment
Verify completion of PFS ACH Request Verification Form and Complete ACH dealer setup as requested
Qualification
Required
High school diploma or equivalent
2 – 4 years relevant experience, specifically related to reconciliation work
Computer literate with strong Excel skills
Strong mathematic, problem solving, detail oriented, and customer service skills
Working knowledge of GAAP
Working knowledge of bank and general ledger account reconciliation
Ability to work as a member of a team in a fast-paced work environment
Benefits
Medical, dental, vision, and life insurance
Paid time off and paid holidays
401(k) with company match
Employee assistance program
Extensive training and professional development
Opportunities for advancement throughout the company
Company
Security Finance
Security Finance is a financial service firm that offers loans and tax preparation services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Vic Barr
Chief Operating Officer at Security Finance
Recent News
2025-11-08
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