The average pay for an Account Reconciliation Analyst is C$17.50 per hour.
The average pay for an Account Reconciliation Analyst is C$45,938 per year.
|Salary||C$35,799 - C$67,447|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|C$34,146 - C$65,432|
Job Description for Account Reconciliation Analyst
Account reconciliation analysts are responsible for analyzing and reconciling account information for their organizations, as well as overseeing and verifying that all charges in debit, credit, cash, or other payment methods are reconciled on a regular basis. They are also responsible for following specific time-frames for keeping accounting data up-to-date and communicating with systems, vendors, and other personnel to verify data integrity.Read More...
These analysts typically report their progress to an account manager within the organization and help analyze and research account trends to better serve current and potential clients. They also perform account maintenance, terminations, contributions, and money movements to and from accounts, as well as identify reconciliation discrepancies, communicate account-allocations, and verify tax statuses. They should work well with other analysts to share important financial information and achieve reconciliation objectives in a timely manner, and should also understand complex tax-related forms and financial terminology. Multitasking skills are important in this position, and these analysts must always follow strict financial regulations to protect client privacy and company exposure. They must pay close attention to detail when dealing with large numbers and should be independent and organized to provide the best technical advice in account analysis. They also use a personal computer to log account information and perform calculations on spreadsheets and should be proficient with account reconciliation software.
A bachelor's degree in accounting, finance, economics, or a related field is generally required for this position, and prior experience in accounting is highly beneficial and may be required by some employers. Industry certifications are also helpful. (Copyright 2019 PayScale.com)
- Perform account management and reconciliation, consulting with customers, ensuring accurate data, and reporting status updates.
- Assess reconciliation policies and procedures and recommend improvements.
- Ensure reconciliation of funds, positions, and reports.
- Conduct account analysis, identifying and reporting trends, risks, and discrepancies.
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