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Deposit Manager Jobs in Virginia (NOW HIRING)

This role is responsible for leading and managing PenFed's deposit products, services, and growth strategies. This role oversees the development, implementation, and optimization of deposit-related ...

The Branch deposit size normally exceeds $25,000,000-75,000,000 in a single branch over in a combination of managing multiple branches. Accountability includes achieving sales performance objectives ...

The Branch deposit size normally exceeds $25,000,000-75,000,000 in a single branch over in a combination of managing multiple branches. Accountability includes achieving sales performance objectives ...

The Branch deposit size normally exceeds $25,000,000-75,000,000 in a single branch over in a combination of managing multiple branches. Accountability includes achieving sales performance objectives ...

Deposits staff assists management in controlling the flow of money through the building. They will provide administrative support to management through reconciliation of money, money equivalents, and ...

Deposits staff assists management in controlling the flow of money through the building. They will provide administrative support to management through reconciliation of money, money equivalents, and ...

Deposits staff assists management in controlling the flow of money through the building. They will provide administrative support to management through reconciliation of money, money equivalents, and ...

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Deposit Manager information

What is the difference between Deposit Manager vs Teller?

AspectDeposit ManagerTeller
Required CredentialsHigh school diploma; banking experience; sometimes certifications in banking or financeHigh school diploma; banking or customer service experience often preferred
Work EnvironmentBank branches, overseeing deposit operations, managing staffBank counters, assisting customers with deposits and withdrawals
Employer & Industry UsageFinancial institutions, banksRetail banking branches, banks
Common Search & Comparison IntentUnderstanding managerial or supervisory roles in deposit operationsCustomer service roles focused on cash handling and deposits

The Deposit Manager typically oversees deposit operations, manages staff, and ensures compliance within a bank. Tellers focus on processing customer transactions at the counter. While both roles work within banking environments, the Deposit Manager has a broader supervisory role, requiring more experience and credentials, whereas Tellers handle daily customer interactions.

What are some common challenges deposit managers face when overseeing deposit operations, and how can they effectively address them?

Deposit Managers frequently encounter challenges such as ensuring regulatory compliance, maintaining accurate records, and managing high transaction volumes without errors. They must also address shifting customer expectations for digital banking and coordinate closely with IT and front-line staff to implement process improvements. Effective Deposit Managers stay proactive by fostering clear communication across departments, investing in staff training, and keeping up-to-date with industry regulations and technology trends.

What is a deposit manager?

A Deposit Manager is a banking professional responsible for overseeing the management and growth of deposit accounts within a financial institution. This includes supervising deposit operations, ensuring regulatory compliance, developing strategies to attract new deposits, and maintaining strong relationships with clients. Deposit Managers often collaborate with other departments to improve deposit products and services, and they monitor market trends to remain competitive. Their goal is to maximize the institution's deposit base while ensuring efficient and secure account management.

What are the key skills and qualifications needed to thrive as a deposit manager, and why are they important?

To thrive as a Deposit Manager, you need strong knowledge of banking regulations, financial products, and experience in deposit operations, often with a bachelor's degree in finance or business. Familiarity with core banking systems, compliance software, and risk management tools is typically required. Exceptional leadership, attention to detail, and customer service skills help in managing teams and maintaining client relationships. These skills are crucial for ensuring regulatory compliance, operational efficiency, and customer satisfaction in a competitive banking environment.
What are popular job titles related to Deposit Manager jobs in Virginia? For Deposit Manager jobs in Virginia, the most frequently searched job titles are:
What cities in Virginia are hiring for Deposit Manager jobs? Cities in Virginia with the most Deposit Manager job openings:
Infographic showing various Deposit Manager job openings in Virginia as of August 2026, with employment types broken down into 82% Full Time, 16% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution.

Deposit Reconciliation Accountant

Virginia Department of Human Resource Management

Chesterfield, VA • On-site

$63K/yr

Full-time

Posted 3 days ago

New


Virginia Alcoholic Beverage Control Authority rating

5.2

Company rating: 5.2 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

819th of 842 rated public administrative organizations


Job description

Deposit Reconciliation Accountant
Job no: 5108883
Work type: Full-Time (Salaried)
Location: Chesterfield, Virginia
Categories: Audit and Finance
Title: Deposit Reconciliation Accountant
State Role Title: Financial Services Spec I
Hiring Range: Up to $63,818.00. Commensurate with education and experience
Pay Band: 4
Agency: Virginia State University
Location: Virginia State University
Agency Website: vsu.edu
Recruitment Type: General Public - G
Job Duties
" Greater Happens Here"
Monitor, analyze, reconcile, and maintain accounting records for daily deposits, wire transfers, and suspense/liability account transactions.
Complete monthly and fiscal year-end reconciliations for suspense accounts (deposits pending distribution) and unearned/deferred revenue accounts.
Ensure the accuracy and integrity of the University's cash receipt transactions by:
o Reconciling transactions posted to State bank accounts.
o Monitoring and analyzing Student Banner feeds.
o Maintaining balance and accuracy between Student Banner and Banner Finance systems.
o Processing daily deposit certificates received from the Cash & Investments Office and the online REDI VA system.
Analyze, monitor, record, and reconcile student-related liability accounts, including Suspense Accounts (255470) and Deferred Revenue Accounts (24060XX).
Review daily cash receipt information and electronic wire deposits received through REDI VA and prepare related deposit certificates and journal entries.
Process student tuition scholarship interdepartmental transfer (IDT) transactions.
Prepare and/or assist with fiscal year-end financial reporting requirements, including Department of Accounts (DOA) attachments.
Maintain organized files, records, and logs of all processed financial documents.
Perform other duties as assigned in support of General Accounting operations.
Minimum Qualifications
Demonstrated proficiency with Microsoft Office and working knowledge of database and other software programs, i.e., Excel, Access, and Word.
Demonstrated ability to perform computations with reasonable speed and accuracy.
Ability to sort, prepare/batch, file, and maintain financial records, reports and spreadsheets; process financial transactions; follow policies and procedures; collect and enter financial data; and resolve keying errors.
At least three (3) years of accounting work experience in a fast-paced business environment.
Knowledge of Generally Accepted Accounting Principles (GAAP) and governmental accounting principles with the ability to apply accounting concepts to daily financial operations.
Experience reconciling high-volume, complex financial transactions, including transactions totaling millions of dollars, with strong analytical and problem-solving skills.
Demonstrated attention to detail and ability to perform thorough transaction analysis.
Demonstrated effective written and verbal communication skills.
Strong organizational and interpersonal skills with the ability to prioritize and manage multiple priorities and meet deadlines.
Intermediate proficiency with Microsoft Excel, specifically with use of tools such as formulas, filters, lookup functions, etc.
Ability to meet strict month-end and fiscal year-end reporting deadlines while maintaining a high degree of accuracy.
Additional Considerations
Bachelor's degree from an accredited college or university with a concentration in accounting or business administration.
Experience working with the Banner financial system.
Experience working with the Cardinal financial system.
Experience recording, reconciling, and analyzing deposit transactions.
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to "Your Application" in your account to check the status of your application for this position.
Special Instructions to Applicants:
Virginia State University is committed to providing equal employment opportunities for all persons and applicants, without regard to age, color, disability, gender, national origin, political affiliation, genetic information, race, religion, sexual orientation, sex (including pregnancy) or veteran status. VSU encourages and invites minorities, women, individuals with disabilities, and veterans to apply.
AmeriCorps, Peace Corps, and other national service alumni are encouraged to apply.
HOW TO APPLY:
Virginia State University only accepts applications for this position through the on-line state Recruitment Management System (PageUp). Faxed, e-mailed, and mailed applications and/or attachments will not be accepted. The application must be detailed and fully completed. All employment and periods of unemployment (if applicable) must be listed within the application; either on an attached resume, or manually listed in the "Relevant Work History" section. Each application is reviewed for documentation that shows the applicant meets the minimum and preferred qualifications stated in the job announcement. The decision to interview an applicant is based on the information provided on the application, therefore, it is essential to fully complete each section of the application and provide descriptive information. Submitting an incomplete state application, or a state application lacking in detail, may result in your non-selection. This website will provide a confirmation of receipt when the application is submitted for consideration.
Applications will be accepted until the position is filled. Interested persons must attach a cover letter and a current resume/c.v to the online application. Official transcripts will be required at the time of employment.
The selected candidate will be subject to an extensive and complete background check, which may include fingerprinting. The candidate may be required to complete a Statement of Economic Interest as a condition of employment, if applicable.
Employment-based visa sponsorship at Virginia State University (VSU) is not guaranteed and will be evaluated carefully on a case-by-case basis. Federal law does not require employers to provide immigration sponsorship, and VSU is not obligated to offer it. Employment at VSU does not permit an individual to work in the United States unless the appropriate employment authorization has been obtained and verified in accordance with federal immigration compliance requirements.
Commonwealth's Alternative Hiring Process:
In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their Certificate of Disability (COD) provided by a Certified Rehabilitation Counselor within the Department for Aging & Rehabilitative Services (DARS). Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS to get their Certificate of Disability. If you need to get a Certificate of Disability, use this link: https://www.vadars.org/drs/cpid/PWContact.aspx , or call DARS at 800-552-5019.
Contact Information
Name: Boatemaa Nyarko-Brentuo
Phone: 804-524-5083
Email: bnyarko-brentuo@vsu.edu
In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.
Advertised: 04 Aug 2026 Eastern Daylight Time
Applications close: 17 Aug 2026 Eastern Daylight Time
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