IAS Reconciliation Specialist

Join to apply for the IAS Reconciliation Specialist 1 role at Arvest Bank

Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit

Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.

Location: 921 W Monroe, Lowell, AR.

Under the supervision of the IAS Manager, the IAS Reconciliation Specialist 1 is responsible for preventing loss to the organization by analysis and reconciliation of various general ledger accounts and/or demand deposit accounts on a daily, weekly, or monthly basis. Duties also include report preparation, research, analysis and resolution of general ledger and various system offages. The IAS Reconciliation Specialist 1 must provide prompt, friendly, and efficient service to staff in the banks as needed to resolve customer errors in a timely manner.

The incumbent is responsible for analyzing a large volume of data that must be processed every day. Reconciliation and identification of outstanding reconciling items must be accomplished in an accurate and efficient manner to avoid material losses being suffered by the bank.

• Reconcile, analyze and review low to moderately difficult Arvest general ledger accounts to ensure that they are in balance. Determine the proper solution when errors or improper amounts are found and make necessary adjusting entries.
• Ensure that all offages are cleared in a timely manner that minimizes risk of loss to the bank and complies with audit and examiner standards.
• Complete thorough research and analysis to develop solutions to complex and non-routine reconciliation issues while taking into consideration potential impact to customers and to other departments.
• Download and compare transaction reports on a daily basis.
• Research and resolve customer or general ledger balancing outages of
• Maintain a working knowledge of all account reconciliations performed within the department and serve as a back-up when others are out.
• Provide branch associate support via telephone and email. Provide direction to these associates in solving non-routine reconciliation issues, perform research and evaluate problems to determine best course of resolution.
• Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.

• Support and uphold the Arvest Mission Statement.
• Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded.
• Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
• Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company’s overall operation.
• Promote professionalism at all times.

• Bachelor's degree in Accounting or Finance or relevant work experience required
• Thorough understanding of accounting concepts and principles, bank operations and procedures required.
• Excellent organizational and analytical skills required.
• Strong written and oral communication skills required.

• Must be able to arrive at work on time, work on site and have regular work attendance
• Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style
• Must be able to provide cordial customer service regardless of customer personality, presence or communication style
• Must be able to perform several tasks at once
• Must be able to work in a stressful atmosphere
• Must be able to rotate job tasks
• Must be able to occasionally work overtime
• Must be able to greet others cordially
• Must be able to coordinate…