Balancing & Control Specialist

First Hawaiian Bank is currently seeking a Balancing & Control Specialist I in our Wealth Management Service Center which is located in our downtown Honolulu office to perform the reconciliation of the Daily Net Settlement (DNS) between FHB and its Trust Custodian. In addition, this position will also reconcile the affected General Ledger and control accounts accurately and timely, as well as, performing other balancing and reconciliations, inventory audits, and related general ledger and suspense account entries.

Work Schedule:

Monday - Friday 8:00AM - 5:00PM (Hours may vary)

Some Additional Responsbilities Include:

• Perform daily/weekly/monthly reconciliations and related activities. Conduct DNS processing and reconciliation of the Trust Bancontrol accounts.
• Perform ACH postings, batch processing and GL ticket maintenance.

Review and process wire for daily DNS between FHB and its Trust Custodian, SEI.

• Prepare, reconcile and maintain items for DNS and research and resolve any out of balance conditions. Respond to phone calls, emails, and other requests from line and staff employees to resolve exception conditions.
• Follow up on ACH rejects.
• Reconcile suspense and clearing accounts on a weekly/monthly basis.
• Prepare weekly reports related to SEI position reconcilements and monitors/escalates aged position breaks
• Prepare the periodic certifications of all suspense and clearing accounts for compliance purposes.
• Record, transfer funds, and distribute Trust and PDS checks daily and maintain check log in a centralized location.
• Assist with the maintenance of the Outstanding Check tracking system.
• Process stop payments on the Retail Bank system (FIS ARPPA).
• Track and submit monthly general ledger expense accruals and reversals. Communicate with Business Units and Controller’s Division to resolve any discrepancies.
• Assist with the monthly audit of the internal vault.The ideal candidate will have:

Skills:

• Good written and verbal communication skills
• Good analystical skills

Education:

• High school diploma or equivalent work experience required,
• Associate’s degree in Accounting, Finance, Business or related field preferred

Experience:

• 1 year of experience in bank operations, trust operations, accounting, or related field.

About First Hawaiian Bank

Are you interested in working alongside a group of dynamic thinkers, innovators, and leaders who thrive together as a team? Looking for a fun, collaborative, and challenging environment where you are empowered to make decisions? Would you like the opportunity to grow professionally and personally within a forward-thinking company? If so, you've come to the right place. At First Hawaiian Bank, we invest in you. We offer an award winning training and development program to set you up for success. We pride ourselves on our company culture and core values: Caring, Character, and Collaboration. We also offer a comprehensive benefits program, including medical, 401(k), life insurance, tuition reimbursement, paid vacation, retiree benefits, and more!

Job Type: Full-time

Pay: $36,000.00 - $40,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Referral program
• Retirement plan
• Tuition reimbursement
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Weekend availability

Ability to commute/relocate:

• Honolulu, HI 96813: Reliably commute or planning to relocate before starting work (Required)

Education:

• High school or equivalent (Required)

Experience:

• Microsoft Excel: 1 year (Required)

Work Location: In person