Reconciliation Analyst

What does a Reconciliation Analyst do at Fiserv?

As a Reconciliation Analyst in the Settlement Controls and Solutions Team (SCS), you will assist in ensuring accurate account reconciliation and identifying discrepancies through the analysis of transactions made on different card networks, such as debit, credit, fees, and chargebacks. You will leverage methodical precision to examine bank statements, general ledgers, and other financial data to evaluate discrepancies and escalate issues, as needed. You will collaborate with cross-functional teams to implement solutions, assist in creating procedures for new business as needed, and drive positive change to processes and tasks we support.

What you will do:

• Monitor and perform complex daily reconciliations and analysis of bank data for Wire and ACH settlements, identifying and resolving discrepancies as needed

• Work internally to process correcting entries to clients using automated tools as well as manual adjustments

• Accurately provide daily cash projections and report funding position changes to Treasury throughout the day

• Proactively escalate reporting and settlement issues to the appropriate team and facilitate timely resolution

• Collaborate with management and senior leadership on strategic matters

• Maintain accurate record of any reconciliation-related issues

• Actively participate in cross-training associates to further team expertise

• Partner with process owners and management on recommendations for process optimizations

What will you need to have:

• Experience in Accounting, Bookkeeping, Reconciliation, Banking, and/or similar discipline

• Experience in data analysis

• 4+ years of an equivalent combination of education, work and/or military experience

What would be great to have:

• Bachelors degree

• Experience in interpreting financial anomalies, reconciling financial records, identifying discrepancies, ensuring accurate treasury functions, and/or similar discipline

• Ability to lead and direct other associates within a team setting

• Proficient with Microsoft Office 365, Power BI, SQL, or Power Automate

• Specialized certifications such as CTP

Important info about this role: 

• This role is on-site Monday through Friday. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experiences help you with your overall onboarding.

• In order to be considered, you must be legally authorized to work in the U.S. without need for sponsorship now or in the future.

Perks at work: 

• We’re #FiservProud of our commitment to your overall well-being with a growing offering of physical, mental, emotional, and financial benefits from day one.

• Maintain a healthy work-life balance with paid holidays, generous time off policies, including Unlimited Recharge & Refuel for qualifying associates, and free counseling through our EAP.

• Plan for your future with competitive salaries, the Fiserv 401(k) Savings Plan, and our Employee Stock Purchase Plan.

• Recognize and be recognized by colleagues with our Living Proof program where you can exchange points for a variety of rewards.

• Prioritize your health with a variety of medical, dental, vision, life and disability insurance options and a range of well-being resources through our Fuel Your Life program. 

• Advance your career with training, development, certification, and internal mobility opportunities.

• Join Employee Resource Groups that promote our diverse and inclusive culture where associates can share perspectives, exchange ideas, and elevate careers.

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