Electronic Banking Accounting Specialist

The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.
Position Title: Electronic Banking Accounting Specialist
Reports To: Accounting Operations Manager
Department: Accounting
FLSA Status: Non-Exempt
Purpose: The Electronic Banking Accounting Specialist is responsible for the daily reconcilement of the ATM and Debit Card transactions general ledger accounts for Five Star Bank in conformance with the Company's Accounting and Financial Reporting Policy. They act as the primary back-up for the Application & Deposit reconciliation functions.
Supervisory Responsibilities:
Degree of Supervision Received: Moderate
* Supervision Received (title): Accounting Operations Manager
Degree of Supervision Given: None
Essential Functions:
* Using a thorough understanding of the flow of funds through the ATM network system, prepares and maintains formal daily reconciliations of the ATM and Debit Card settlement, clearing, switch and deposit accounts and related activity. Also, prepares daily the Fed reconciliation and reviews all previous day's manual entries.
* Resolves exceptions identified in the reconcilement process and initiates corrective action as required with other department staff. Identifies issues or trends that require supervisor involvement for escalation within the Company. Prepares appropriate correspondence to other departments to resolve exceptions identified in the reconcilement process. Ensures appropriate timely action is taken to resolve outstanding reconciling items and issues.
* Required to communicate effectively with bank personnel, Brinks, JHA support, ACH, Mastercard representatives and IT on a regular basis to ensure the ATM's are functioning and settling properly. If issues or differences are identified, ensuring thorough research is done with appropriate people to ensure any issues/problems are corrected timely and accurately.
* Identifying when there are debit card adjustments that need to be prepared. Researching each adjustment to confirm why the error occurred and who the customer is. This entails working closely with the Fraud Department and the JHA support to ensure debit card adjustments are corrected timely and accurately.
* Assisting branch employees in the settlement process for the ATM's. Knowing the entire process from start to finish so when issues or discrepancies arise, the branch can be guided through the process to fix any errors and to prevent them from happening again. This includes instructing them through the process to ensure they take all the necessary steps to settle the ATM correctly.
* On a quarterly basis is responsible for submitting Mastercard ATM reports through the Mastercard reporting system. The information needs to be gathered, verified and reviewed for accuracy. The information is then entered into the correct reports and formats in the Mastercard reporting system to be submitted to maintain compliance.
* Acts as the primary back-up for the Application & Deposit reconciliation functions. This includes and is not limited to preparing daily, weekly and monthly reconciliations related to Jack Henry general ledger and deposit applications, deposit general ledger accounts, and bank-controlled demand deposit accounts. Understanding the flow of funds through the demand deposit core banking system.
* Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.
* This job description is not exhaustive. The Electronic Banking Accounting Specialist may be required to perform other duties as assigned.
* Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of HEART in every facet of work.
Job Related Qualifications - Education and Prior Experience:
Required:
* Education: Bachelor's Degree in Accounting, Finance, Business or related field
* Prior Experience: 1+ year of Accounting or Banking related experience
* Licenses or Accreditation: NA
* OR-
Required:
* Education: Associate Degree in Accounting, Finance, Business or related field
* Prior Experience: 3+ years of Accounting or Banking related experience
* Licenses or Accreditation: NA
Preferred:
* Education: Bachelor's Degree in Accounting
* Prior Experience: 1+ year of Banking experience
* Licenses or Accreditation: NA
Competencies:
* Proficient in Microsoft Office (especially Excel) with the ability to learn and utilize new and existing banking and accounting software applications
* Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines and possess a high level of attention to detail to ensure accuracy
* Analytical ability to interpret data and present it in a meaningful and easily understood form while providing recommendations
* Ability to take initiative in problem solving and uses sound judgment produces practical decisions and solutions
* Strong verbal and written communication skills with the ability to interact with all levels of staff and management
* Strong knowledge and understanding of Accounting concepts/standards (GAAP)
Physical Requirements:
* Able to regularly sit for prolonged periods of time.
* Able to regularly stand for prolonged periods of time.
* Able to lift 1-10 lbs.
* Able to travel:
* Occasionally
* Extensive computer usage is required.
* Ability to work:
* Evenings
* Occasionally
* Weekends
* Occasionally
This job description is not exhaustive. The Electronic Banking Accounting Specialist may be required to perform other duties as assigned.