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Allstate
37 Allstate Jobs
Reconciliations Team Lead
Allstate
posted 23hr ago
The Reconciliations Team Lead II will be a key contributor to our financial operations, overseeing the reconciliation process and providing leadership to a dedicated team. This role requires a detail-oriented professional with strong analytical skills, a deep understanding of financial reconciliations, and the ability to guide and inspire a high-performing team.Key Responsibilities
Lead and guide a team of reconciliation specialists, providing guidance, mentorship, and support.
Maintain accurate documentation of reconciliation processes, ensuring adherence to regulatory standards.
Maintain accurate documentation of reconciliation processes, ensuring adherence to regulatory standards.
Generate comprehensive reports on reconciliation outcomes, trends, and key performance indicators and assist with Identification of future technologies and systems.
Oversee the reconciliation process for various financial accounts, ensuring accuracy, completeness, and compliance with industry standards.
Foster a positive and results-driven team environment to ensure the achievement of departmental goals.
Collaborate with cross-functional teams to implement best practices and streamline reconciliation procedures.
Identify opportunities for process improvements within the reconciliation function to enhance efficiency and reduce risk.
Conduct regular reviews to identify discrepancies and variances, guiding the team in effective issue resolution.
Approve GL Accounts in SAP and Journal Voucher approvals.
Bachelors Degree in Accounting or related field
ExperienceMinimum 5 years of experience in Financial Reconciliations, with at least 2 years in leadership or supervisory capacity.
Knowledge of R2R, relevant accounting principles, regulations and SOX controls.
Understanding of General Ledger coding and expected outcome of Journal Entries
Good communication skills - written and verbal
Experience of Reconciliations (Prepare and Review) mandatory
Ability to lead and motivate team
Supervisory ResponsibilitiesEmployment Type: Full Time, Permanent
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