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Rainbow Apparel Co

Bank Reconciliation Specialist

Rainbow Apparel Co, New York

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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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