International Banking Specialist (Entry Level)
About this role
Essential Job Functions: (what will the candidate do on the job)
Department Overview
The US Department of State (DoS), Bureau of the Comptroller and Global Financial Services (CGFS), Global Disbursing Operations is composed of teams in Bangkok, Charleston, and Paris. Disbursing Operations supports its global customers through services: Processing electronic funds transfers (ETF’s), check payments and collections, purchasing foreign currency, banking, maintaining local currency and U.S. dollar bank accounts, monitoring cashier operations worldwide, and reconciliation with the U.S. Treasury Department.
Job Responsibilities
- Reconcile foreign currency bank account balances and statements.
- Review bank fees and charges for accuracy and prepare bank charge and bank interest vouchers.
- Manages all banking administrative functions and serves as Point of Contact for banks including drafting communications to banks’ management and posts. Ensure Regional Financial Management System/Disbursing data is correctly updated for new and closed accounts.
- Perform periodic bank reviews to ensure banking agreements accuracy, confirm that correct authorized signatories are on file, and verify that the bank complies with all terms outlined in the agreement.
- Submit monthly reports by instructed due date.
- Establish professional relationships with bank officials where the U.S. Disbursing Officer maintains bank accounts.
- Research transactions, such as debits for checks or EFTs, bank charges, cashier deposits and collections, with the potential of identifying errors or fraud.
- Identify and resolve problems to eliminate future occurrences.
Skills: (what are the skills required for the role)
Preferred Skills, but not Required
- Familiarity with DoS or government systems
Our most Successful Employees in this Position Demonstrate:
- Strong oral and written communication skills
- Analytical problem solving
- Strong attention to detail and financial acumen
- Ability to work independently, but not afraid to ask questions or for assistance
- Adaptable / flexible
- Strong time management skills
Qualifications: (what are the required minimums for the position – Reference L-cat Description)
Minimum Requirements:
- Possess an Associate’s Degree and a minimum of two (2) years’ experience in banking or a financial management field.
- Experience may be substituted for education or degree type.
- Must be competent with Microsoft Office products (Excel, Word, PowerPoint)
Security Clearance Requirement
All contractors supporting this Department must be able to either possess or obtain a Moderate Risk Public Trust (MRPT) certification or Secret security clearance.
Company at a glance
IFAS is a professional services firm that leverages technology to provide integrated financial management solutions and capabilities that include Program Budgeting & Cost, Accounting & Auditing, Enterprise Performance; and Acquisition Solutions to federal government clients worldwide. We specialize in bringing best practices and skills across Accounting, Finance, and Technology (AccountFinTech) to ensure our clients achieve success. Founded in 2007, IFAS is a certified Service-Disabled Veteran Owned Small Business (SDVOSB) and a Woman Owned Small Business (WOSB). The company is ISO 9001: 2015 certified, has a DCAA approved accounting system, and holds a Top Secret/SCI Facility Clearance. IFAS Subject Matter Experts include Accountants, Auditors, CPAs, Financial Managers, Budget Analysts, Acquisition Specialists, Program and Project Managers, and IT Professionals.
Tired of cold applications?
Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
Know someone who'd be great for this?