Deposit Verification Specialist- Genesco-Hybrid

The Ideal Candidate

The Deposit Verification Specialist I is responsible for the reconciliation of assigned retail store bank deposits using ReconNET reconciliation software. This reconciliation includes all research of late deposits/differences between the POS and Bank Deposit and working with Genesco Personnel as well as banks and couriers to resolve any issues. Cash Variations for store audits will be calculated and forwarded to Inventory Control. Store Bank Reconciliations will be prepared monthly.

How You Will Make an Impact

• Reconcile assigned store bank accounts daily using ReconNET software.
• Create late incidents in research on deposits within 2 days of allowed time.
• Email stores, Loss Prevention and District Manager on incidents created over $20.00.
• Follow up on late/missing store deposits with Loss Prevention.
• Work with banks to start research incidents as needed on outstanding deposits.
• Work with couriers to start research incidents as needed on outstanding deposits not posting on time. Track through 24/7 software with Brinks and Dunbar.
• Work with store managers to troubleshoot and resolve issues when calling in for assistance.
• Complete weekly updated Audit log revision spreadsheet on all assigned stores. Include totals and deliver to the Retail Accounting Audit department weekly.
• Calculate cash variation for store audits daily.
• Work with Finance to open and close new accounts, bank changes and stores closing as needed.
• Complete assigned monthly store bank reconciliations using ReconNET.
• Back up Deposit Verification Supervisor receiving and processing store POS, DataFlow, and bank BAI files using ReconNET daily.
• Back up Deposit Verification Supervisor running and submitting U.S. /Canada ACH store sweeps.
• Make sure all bank statements available are on the fiscal year calendar.
• Update Excel spreadsheets for Cash Control 2 group as needed. DM's, stores, etc.
• Tag ACH sweeps transaction code 45's to assigned store for ACH on master accounts.
• Provide recaps offsets, overages, and shortages to stores when they are requested.

Experience and Skills You'll Need to Have

• High School Diploma
• 3+ years' experience in an accounting support function role.
• Previous banking experience a plus.
• Working knowledge of Excel
• Ability to handle difficult situations in a fast-paced environment.
• Ability to question and analyze details and how they fit into a larger picture.
• Ability to confront conflicting information to determine appropriate course of action.
• Must be assertive.
• Attention to detail and time management; ability to meet deadlines
• Excellent analytical and organizational skills
• Strong communication skills