SunTrust Banks

Corporate Reconciliations Senior Analyst I

Posted on: 19 Jan 2021

Richmond, VA

Job Description

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)



Please review the following job description:

The Senior Analyst will be responsible for supporting general accounting, reporting and reconciliation review for assigned Controllers, LOBs or Functions.

The analyst should ensure all accounting activity is completed in compliance with GAAP and look for ways to efficiently complete all work while minimizing risk.

The analyst will be required to record accounting transactions for specific assigned areas in accordance with GAAP.

Essential Duties and Responsibilities:

* Based on established procedures and guidelines, accurately generate accounting transactions.
* Review and approved assigned transactions ensuring supporting documentation is accurate and complete.
* Responsible for timely resolution of mortgage origination and servicing accounting issues.
* Ensure accounting transactions are in compliance with relevant laws and regulations, maintaining the integrity of financial data.
* Assist in preparation of variance analysis as assigned.
* Assist the LOBs as needed with questions regarding Accounting Operations.
* Understand the systems and related processes and how they impact accounting and reconciliation of the accounts under their responsibility.
* Ensure procedures are appropriate and recommend changes as needed.
* Assist in internal and external audits as requested.
* May be required to routinely perform various duties of team in order to accomplish department goals.

Required Skills:

* Associate degree in accounting or equivalent education and related training.
* 2-4 years accounting experience, i.e., accounts receivable & payable, aging reports, GAAP, profit & loss, reconciliation.
* Residential Mortgage banking experience.
* Good interpersonal skills.
* Strong verbal and written communication skills.
* Strong analytical, problem solving and decision-making skills.
* Ability to work independently and as a productive member of a team.
* Demonstrated proficiency in basic computer applications such as Microsoft Office products, with an emphasis in spreadsheets, word processing and database software.

SunTrust Banks

Atlanta, GA

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. It operates in two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market.

The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management; asset-based financing solutions, such as securitizations, asset-based lending, equipment financing, and structured real estate arrangements; cash management services and auto dealer financing solutions; investment banking solutions; and credit and deposit, fee-based product offering, multi-family agency lending, advisory, commercial mortgage brokerage, and tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online.

The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2018, it operated 1,218 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

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