Staff Accountant POST NUMBER: 481236
Direct Hire
Salary: 60-70,000/yr Summary:
The Staff Accountant is responsible for supporting the Bank’s accounting operations through reconciliations, financial reporting, regulatory reporting, and daily accounting functions. This role ensures the accuracy and integrity of financial records while assisting with operational accounting processes, internal controls, and compliance with Bank policies and regulatory requirements. The Staff Accountant performs a variety of accounting and operational duties including general ledger reconciliations, teller transit balancing, accounts payable support, regulatory reporting, and research of outstanding items. This position also supports process improvement initiatives and assists the accounting and operations teams as needed. Key Responsibilities:
- Reconcile the Bank’s internal accounts and general ledger balance sheet accounts to ensure accuracy and timely resolution of outstanding items.
- Process, reconcile, and research adjustments related to teller transit work and accounts impacted by daily teller transaction processing.
- Reconcile daily and monthly activity for:
- Official Checks
- Money Orders
- Correspondent bank accounts
- Cash letter settlements
- Assigned general ledger accounts
- Maintain documentation of reconciliations and accounting records in accordance with Bank policy and record retention requirements.
- Prepare and assist with quarterly Call Reports and other OCC and Federal Reserve regulatory reporting requirements.
- Assist with the preparation of monthly, quarterly, and annual financial reports.
- Prepare journal entries, account reconciliations, accruals, and supporting financial documentation.
- Rotate responsibilities involving invoice verification, approvals, and accounts payable processing.
- Assist with audit preparation and provide support during internal audits, external audits, and regulatory examinations.
- Research and resolve processing errors, account discrepancies, and operational accounting issues.
- Support process improvement initiatives to enhance efficiency, accuracy, and internal controls within accounting operations.
- Assist the accounting and operations teams in various capacities as needed, including wire processing and operational support.
- Maintain high ethical standards while performing all duties in compliance with Bank policies, procedures, and regulatory guidelines.
- Perform additional accounting and operational duties as assigned.
- Bachelor’s degree in Accounting, Finance, or related field preferred.
- 4-5 years of accounting, banking, finance, or operations-related experience preferred. Equivalent combination of education and relevant experience will be considered
- Banking or financial institution experience preferred.
- Experience with reconciliations, financial reporting, or regulatory reporting is a plus.
- Strong analytical and problem-solving skills.
- Knowledge of accounting principles and financial processes.
- High attention to detail with strong organizational skills.
- Ability to prioritize tasks and manage multiple deadlines effectively.
- Strong written and verbal communication skills.
- Proficiency in Microsoft Office applications, particularly Excel, Word, and Outlook.
- Ability to work independently and collaboratively within a team environment.
- Demonstrated professionalism, integrity, and confidentiality.
- Flexibility and adaptability in a changing work environment.
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