How To Become A Bank Reconciliator: What It Is and Career Path

What is a bank reconciliator and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a bank reconciliator. For example, did you know that they make an average of $17.06 an hour? That's $35,494 a year! Between 2018 and 2028, the career is expected to grow -5% and produce -77,200 job opportunities across the U.S.

ScoreBank ReconciliatorUS Average

Salary

2.8

Avg. Salary $35,494

Avg. Salary $59,228

Stability level

6.0

Growth rate -5%

Growth rate 0.3%

Diversity

2.7

Race

American Indian and Alaska Native 0.63%

Asian 6.65%

Black or African American 6.93%

Hispanic or Latino 14.71%

Unknown 3.97%

White 67.11%

Gender

female 74.00%

male 26.00%

Age - 53

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 53

Stress level

6.0

Stress level is manageable

7.1 - high

Complexity level

6.4

Complexity level is intermediate

7 - challenging

Work life balance

7.3

Work life balance is good

6.4 - fair

Key steps to become a bank reconciliator

Explore bank reconciliator education requirements

Most common bank reconciliator degrees

Bachelor's

53.0 %

Associate

24.2 %

Diploma

9.1 %

Start to develop specific bank reconciliator skills

Skills	Percentages
Reconciliations	20.23%
Data Entry	16.94%
Financial Data	16.54%
Bank Reconciliations	13.37%
Approval Process	7.47%

Complete relevant bank reconciliator training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New bank reconciliators learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a bank reconciliator based on U.S. Bureau of Labor Statistics data and data from real bank reconciliator resumes.

Research bank reconciliator duties and responsibilities

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Process bank reconciliations and financial reports.
Complete monthly, quarterly and annual bank reconciliations for over 28 banks doing business with the company.
Review entries to ensure accuracy of the G/L.

Prepare your bank reconciliator resume

When your background is strong enough, you can start writing your bank reconciliator resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a bank reconciliator resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable bank reconciliator resume templates

Build a professional bank reconciliator resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your bank reconciliator resume.