We are looking for an Operations Specialist to join our team in Needham, Massachusetts. In this long-term contract role, you will play a pivotal part in ensuring the accuracy of financial reporting and compliance within a banking environment. This position requires a strong understanding of banking operations, accounting principles, and regulatory standards to support seamless reconciliation processes and audits.<br><br>Responsibilities:<br>• Perform daily and monthly reconciliations of general ledger and bank statement accounts, including activities related to Banking-as-a-Service (BaaS).<br>• Prepare and post accurate journal entries to support financial reporting processes.<br>• Investigate and resolve discrepancies in reconciliations to ensure data integrity.<br>• Collaborate with Operations and Accounting teams to ensure proper and timely transaction bookings.<br>• Assist with regulatory reporting and respond to audit and examiner requests with precision.<br>• Support internal and external audit processes by providing necessary documentation and insights.<br>• Maintain compliance with Sarbanes-Oxley (SOX) requirements and banking regulations.<br>• Analyze financial data to identify trends and potential risks, contributing to critical decision-making.<br>• Utilize advanced spreadsheet tools to streamline reconciliation and reporting tasks.<br>• Ensure adherence to high standards and regulatory expectations, including PCAOB guidelines.