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Rainbow Apparel Co

Bank Reconciliation Specialist

Rainbow Apparel Co, New York, New York, us, 10261

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This range is provided by Rainbow Apparel Co. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Direct message the job poster from Rainbow Apparel Co.

Base pay range $65,000.00/yr - $85,000.00/yr

Founded in 1935, Rainbow USA Inc. is a women’s and children’s specialty retailer based in Brooklyn, N.Y. with over 1,100 locations throughout the U.S. and Caribbean. Our stores specialize in trendy, value‑priced juniors, plus‑size, and children’s apparel, footwear, and accessories. Our brands include Rainbow, Rainbow Plus, Rainbow Kids, 5.7.9., Marianne, Dots, Joyce Leslie, Kids Spot.

Job Summary We are currently seeking a Bank Reconciliation Specialist to join our Finance/Accounting Department. This is a great opportunity to join a growing company that offers competitive pay, a team‑oriented atmosphere, and excellent benefits.

Responsibilities

Daily analyze and match banking transactions using Cadency Software (for deposit transactions) for 400‑500 stores

Monthly reconciliation of various bank accounts using Cadency Software

Preparation of general ledger entries related to bank reconciliations

New store sales reports

Reconciliation of ACH/Wire Payments in Chase banking system

Analysis of various GL accounts

Reconciliation of credit card accounts

Handling any issues related to bank accounts

Perform other related duties as assigned

Opening & closing of individual bank accounts

Required Skills & Abilities

Good verbal and written communication skills

Proficient in Microsoft Office or related software as well as accounting software (T‑Recs/IDM)

Understanding of accounting procedures

Excellent analytical and organizational skills, with close attention to detail

Ability to manage confidential information

Experience with Trintech, T‑Recs, Chesapeake or other bank reconciliation software

Education & Experience

Degree in Accounting or Business‑related area required

At least two years of experience in finance/accounting role required

Knowledge of bank reconciliations

Proficient in Microsoft Excel and Word

Benefits

Paid vacation and sick leave

Paid holidays

401(k) retirement savings plan with generous company match

Medical, dental, vision, life & disability insurance—including pet care coverage

Health Savings and Transit Accounts

Health and financial wellness programs

Holiday, birthday, and length of service recognition

On‑site fitness center and employee cafeteria

Free or secured parking

Additional Job Details

Seniority level: Associate

Employment type: Full‑time

Job function: General Business

Industries: Retail and Retail Apparel and Fashion

Equal Opportunity Employer Our company is an equal opportunity employer. All aspects of employment—including the decision to hire, promote, discipline, or discharge—will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

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