How To Become A Reconciliation Analyst: What It Is and Career Path

What is a reconciliation analyst and how to become one

Updated January 8, 2025

3 min read

Quoted expert

Joel Stevenson

Accounting departments of companies have big responsibilities. It is true that all departments are vital in company operations. However, since the accounting department handles cash flow, there is added scrutiny in how the department is run. A typical accounting department has team members that work different roles. Some handle accounts, some payables, some receivables, some auditing, among others. This system ensures that there are checks and balances within the department. One vital team member is the Reconciliation Analyst.

Reconciliation Analysts verify entries in the company ledger. They analyze and reconcile all transactions made in different company accounts, such as debit, credit, and check-related transactions. They regularly do these activities to ensure proper auditing of company asset movement. They flag potentially fraudulent behavior so that further verification can be made.

If you are organized and have great analytical skills, this role is for you. Integrity plays a big part in the job as well. Of course, affinity to accounting is a must.

What general advice would you give to a reconciliation analyst?

Joel Stevenson

Founding Director USC Columbia Technology Incubator, Associate Director Faber Entrepreneurship Center, Senior Lecturer Entrepreneurship and Strategic Management, University of South Carolina

I would not enter the job market at this time. I would apply to the Masters of Human Resources Program at U of SC. If I could not get into the program, I would take an HR job and apply again to the Master's Program. Reason...with a Master's in HR, the starting salary is right at $85,000 per year. Cost and amount of time it takes to get your Master's, $25,000, and 15 months.

ScoreReconciliation AnalystUS Average

Salary

4.4

Avg. Salary $55,716

Avg. Salary $59,228

Stability level

6.8

Growth rate 11%

Growth rate 0.3%

Diversity

6.0

Race

American Indian and Alaska Native 0.17%

Asian 11.35%

Black or African American 8.13%

Hispanic or Latino 8.94%

Unknown 4.50%

White 66.90%

Gender

female 62.03%

male 37.97%

Age - 43

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 - 43

Stress level

6.8

Stress level is high

7.1 - high

Complexity level

8.7

Complexity level is advanced

7 - challenging

Work life balance

2.2

Work life balance is very poor

6.4 - fair

Key steps to become a reconciliation analyst

Explore reconciliation analyst education requirements

Most common reconciliation analyst degrees

Bachelor's

68.7 %

Associate

16.3 %

Master's

7.2 %

Start to develop specific reconciliation analyst skills

Skills	Percentages
Reconciliations	12.11%
Portfolio	7.22%
Reconciliation Process	6.21%
Financial Reports	4.20%
Securities	4.08%

Complete relevant reconciliation analyst training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New reconciliation analysts 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 reconciliation analyst based on U.S. Bureau of Labor Statistics data and data from real reconciliation analyst resumes.

Research reconciliation analyst duties and responsibilities

Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
Execute all aspects of the international account reconciliations and settlements with international vendors, including currency exchange.
Add new trading partners to EDI.
Use team SharePoint to upload disposal reports.

Prepare your reconciliation analyst resume

When your background is strong enough, you can start writing your reconciliation analyst 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 reconciliation analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable reconciliation analyst resume templates

Build a professional reconciliation analyst 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 reconciliation analyst resume.