Staff Accountant

The Staff Accountant is responsible for processing, analyzing, assisting and/or leading in a variety of areas across the accounting department. The position will be a first line of defense to ensure that the company’s daily accounting functions run accurately and effectively while reflecting complete, accurate, and verifiable activity through various levels of tasks that include processing, data input, analyzing, and assisting. The Staff Accountant may be involved in one or more of the functions or groups below. Each group is not all encompassing.

Accounting Operations

• Handle day-to-day accounting duties, which may include accounting for assigned business areas, such as benefits, loans, intangibles, revenue recognition, etc.
• Make journal entries reflective of the business activities in a timely and accurate manner.
• Assist in month-/quarter-/year-end close processes.
• Trace & investigate transactions to resolve issues and take corrective action.
• Data entry of expenditures for tracking and reconciliation purposes.
• Review and manage daily bank activity including researching discrepancies and resolving issues.
• Provide backup to other accounting processes while maintaining segregation of duties, as needed.

 

GL Reconciliations

• Regular reconciliation of balance sheet and bank controlled DDA accounts at the determined periods.
• Monitor and address daily automated matching exceptions in reconciliation system.
• Work with manager to optimize automated and non-automated matching routines.
• True-up and adjust accruals, as needed.
• Actively work towards “total automation” goal for GL and bank controlled DDA reconciliations.
• Identify, gather, analyze, summarize, and escalate, as needed, reconciliation exceptions (including aged items) and works with appropriate parties to resolve.

 

Investment Accounting

• Maintain investment accounting for bonds, derivatives, warrants, repurchase agreements, letters of credit, etc.
• Post payments, new investments, and monthly income accruals.
• Reconciliation of investments and accrued interest.
• Purchase and account for Jumbo CDs under the direction of CFO and/or CEO.
• Pledge investments to public deposits.

 

Wealth Management Support

• Assist with cost-sharing settlement process with advisors.
• Work directly with broker-dealer on an as-needed basis.
• Partner with Choice Program Manager and others to address issues as they arise.
• Ensure internal accounting entries and adjustments are posted accurately and timely.

 

FinTech Support

• Partner with the Transaction Services and FinTech teams to ensure timely reconciliation and settlement of FinTech partner transaction activity.
• Research and provide timely solutions to any transaction discrepancies impacting balance sheet or bank controlled DDA accounts.
• Collaborate with other departments (IT, Operations) in ongoing development and enhancement of FinTech processes.
• Develop relationships with FinTech cohorts, as needed.