ACH Reconciliations Analyst Position Available In Shelby, Tennessee
Tallo's Job Summary: The ACH Reconciliations Analyst role involves managing the reconciliation of ACH transactions to ensure accuracy and completeness. Responsibilities include daily reconciliation, investigating discrepancies, monitoring ACH returns, and supporting process improvements. Qualifications include a Bachelor's degree, 2+ years of relevant experience, strong Excel skills, and familiarity with financial ERP systems. Compensation depends on various factors, and benefits may include bonuses, medical/dental/vision coverage, and participation in a 401(k) plan.
Job Description
Job Summary:
We are seeking a detail-oriented and analytical ACH Reconciliations Analyst to manage the reconciliation of Automated Clearing House (ACH) transactions. This role is crucial for ensuring the accuracy and completeness of electronic payment and deposit records, identifying discrepancies, and working cross-functionally to resolve issues in a timely manner.
Key Responsibilities:
Perform daily reconciliation of ACH debits and credits across multiple bank accounts. Investigate and resolve unmatched transactions and exceptions by liaising with banks, internal departments, and clients. Monitor ACH returns, reversals, and rejects; initiate appropriate corrective actions. Ensure reconciliation activities comply with internal controls and industry regulations (e.g., NACHA). Prepare and maintain reports and logs for audit and compliance purposes. Assist in month-end close processes related to ACH activities. Support process improvements and automation initiatives for reconciliation procedures. Collaborate with IT and finance teams to troubleshoot reconciliation system issues.
Qualifications:
Bachelors degree in Accounting, Finance, or a related field preferred. 2+ years of experience in financial reconciliation, banking, or treasury operations. Familiarity with ACH networks, bank portals, and electronic payment systems. Strong Excel skills and experience with financial ERP systems (e.g., Oracle, SAP, NetSuite). Excellent analytical, communication, and organizational skills. High level of accuracy and attention to detail.
Preferred Skills:
Experience with automation tools or reconciliation software. Knowledge of NACHA operating rules and guidelines. Experience working in a high-volume transaction environment. Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.
