BANK RECONCILIATIONS ACCOUNTANT
Chicago, IL, US, 60603
Job Requisition ID: 44043
Closing Date/Time: 02/07/2025
Agency: Department of Employment Security
Class Title: ACCOUNTANT - 00130 - UPWARD MOBILITY PROGRAM
Skill Option: None
Bilingual Option: None
Salary: Anticipated Starting Salary $4,766 monthly; Full range $4,766 - $6,632 monthly
Job Type: Salaried
Category: Full Time
County: Cook
Number of Vacancies: 2
Plan/BU: RC062
This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.
All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.
Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.
Posting Identification Number
44043
Why Work for Illinois?
Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re part of something bigger—something that touches the lives of every person who calls Illinois home.
No matter what state career you’re looking for, we offer jobs that fit your life and your schedule—flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.
Position Overview
The Illinois Department of Employment Security (IDES) is seeking an organized, professional, and results oriented individual to serve as a Bank Reconciliations Accountant. Responsibilities include reconciling bank account statements of account balance and transactions with agency records, identifying and correcting discrepancies, preparing reports and reconciliation worksheets, and coordinating with auditors to provide requested materials. This position provides a great opportunity for someone who has a working knowledge of state and federal reporting requirements related to government accounting and is dedicated to identifying and resolving bank reconciliation discrepancies. The ideal candidate for this position will have extensive experience reconciling bank statements and financial transactions for a large organization. IDES offers a competitive compensation plan, excellent benefits, and a pension program. We invite you to join our innovative team to help make a positive difference in the lives of Illinois employers and job seekers.
Essential Functions
- Under general supervision, serves as a Bank Reconciliations Accountant for the Illinois Department of Employment Security (IDES)
- Isolates and identifies discrepancies located as a result of reconciliation and analysis process
- Monitors and reconciles computer-generated reports and related federal, state and agency reports utilizing bank account and transaction information imported into accounting systems
- Communicates and collaborates with various internal and external parties, including but not limited to Accounting Services staff, other relevant agency staff, bookkeeping departments of banks and financial institutions holding Illinois Department of Employment Security (IDES) accounts and Department of Innovation & Technology (DolT) analysts, regarding adjustments, resolution of minor problems arising from automated file processing by accounting systems and any other issues related to reconciliation of IDES bank accounts, accounting systems and banking schedules to ensure IDES bank accounts and accounting systems balance to IDES book accounts
- Maintains records of checks issued, checks voided and undelivered canceled checks and the banks and special manual check issuance information
- Gathers daily claimant benefit payment information from accounting systems including but not limited to the Illinois Benefit Information System (IBIS)
- As directed, provides internal and external auditors with reconciliations, reports, supporting documentation and related materials to ensure compliance with policies and procedures and applicable state and federal laws and regulations
- Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above
Minimum Qualifications
- Requires knowledge, skill and mental development equivalent to completion of four (4) years of college, with courses in business administration and accounting; OR
- Requires four (4) years of technical accounting experience
Qualifying state employees, in the employee Upward Mobility Program, may complete combinations of specific proficiency tests and training programs leading to a certificate of proficiency in lieu of the stated requirements for this class.
Preferred Qualifications
- Two (2) years of experience performing bank reconciliations for a large organization
- Two (2) years of experience performing complex financial reconciliations
- Two (2) years of experience in government accounting
- Two (2) years of experience using financial systems to extract and analyze data; examples of applicable financial systems include but are not limited to: GenTax, SAP, and QuickBooks
- One (1) year of experience using Microsoft Excel to create complex financial analyses and reports
- Basic proficiency in Microsoft Office Suite products, including Outlook and Word
Conditions of Employment
- Requires an Illinois State Police background check and self-disclosure of any criminal history.
- Requires ability to travel in the performance of duties, with overnight stays as appropriate.
- This position is considered sedentary work as defined by the U.S. Department of Labor (20 CFR 404.1567(a)). Sedentary work involves lifting no more than 10 pounds at a time and requires occasional lifting, carrying, walking, and standing.
- Requires ability to attend seminars, conferences, and trainings to stay current on methods, tools, ideologies, or other industry related topics relevant to the job duties.
- The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.
About the Agency
The Illinois Department of Employment Security’s (IDES) mission is to serve Illinois workers and employers to the best of our ability and to use our knowledge of the Illinois workforce to inform sound policy decision making. IDES encourages economic growth and stability in Illinois by providing vital Employment Services to Illinois residents and employers, analyzing and disseminating actionable Labor Market Information, and administering Unemployment Insurance programs.
Work Hours: Monday - Friday, 8:30 am - 5:00 pm
Work Location: 115 S. LaSalle Street, Chicago, IL
Agency Contact: sudi.garcia@illinois.gov
Posting Group: Fiscal, Finance & Procurement
This title is within the Upward Mobility Program. General Program information can be found by clicking on the Upward Mobility Program link or for specific title information at UMP Title Descriptions. There are three categories of UMP titles: 1) certificate titles which require passing a written proficiency exam; 2) credential titles which require the possession of a specified college degree and/or licensure; and 3) dual titles for which a certificate may be earned by following either the certificate or credential pathway.
This position DOES NOT contain “Specialized Skills” (as that term is used in CBAs).
APPLICATION INSTRUCTIONS
Use the “Apply” button at the top right or bottom right of this posting to begin the application process.
If you are not already signed in, you will be prompted to do so.
State employees should sign in to the career portal for State of Illinois employees – a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.
Non-State employees should log in on the using the “View Profile” link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.
If you have questions about how to apply, please see the following resources:
State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid
Non-State employees: on Illinois.jobs2web.com – click “Application Procedures” in the footer of every page of the website.
The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
- donotreply@SIL-P1.ns2cloud.com
- systems@SIL-P1.ns2cloud.com
Nearest Major Market: Chicago