Experience Inc. Jobs

Job Information

Kohl's Bank Reconciliation Specialist in Menomonee Falls, Wisconsin

Responsible for financial reporting, administering vendor payments, analyzing general ledgers and creating reconciliations for finance.

BANK RECONCILIATION

  • Perform daily review of bank activity in the reconciliation system. Reconcile Store/Corporate bank accounts to the General Ledger with the use of a reconciliation system. Report any unsatisfactory bank performance to the Cash Manager

  • Follow up with Cash Audit, Loss Prevention and Armored Car Vendors on significant cash over/short differences. Conduct timely research of discrepancies over thresholds

  • Reconcile Canadian currency deposits and adjusts for exchange rate difference

  • Research and follow-up of missing deposits and coin orders

  • Perform daily maintenance of the reconciliation system

  • Perform weekly export from reconciliation system

  • Perform monthly importing of balances into the reconciliation system

  • Reconcile Bank card and Debit card settlements

  • Process wires and ACHs through banking portal daily

  • Perform daily monitoring and reporting of the main bank account through the banking portal

  • Perform daily preparation of cash flow support for use by Treasury

  • Prepare Corporate Deposits

  • Accurately apply AR payments within the system

  • Execute New Store banking setup when needed

  • Perform special projects as requested

REQUIRED

  • Familiarity with General Ledger accounting procedures, Bank Statements, and Cash Audit Procedures

  • Intermediate Excel knowledge

  • Basic Word knowledge

  • Basic math skills and attentive to details

  • Effective verbal and written communication skills

  • Ability to multitask and prioritize work

  • Ability to work as part of a team and interact effectively with others

PREFERRED

  • Associate Degree in Accounting preferred.

  • Familiarity with Oracle Financial System (Journal entries, AR processing and ARCs)

DirectEmployers