Accounting Analyst

Salary Range: $75,000 - $90,000

PRIMARY RESPONSIBILITY:

Under the supervision of the Controller, responsible for overseeing the bank’s operational accounting functions, the accounts payable process, and the review of monthly account reconciliations to ensure accurate and efficient performance of the Bank’s financial accounting function.

This position is expected to have strong accounting expertise and the ability to analyze data and independently problem solve.

 

ESSENTIAL FUNCTIONS:


* Oversee the bank’s accounting operations, including account reconciliations, daily balancing of GL and bank accounts, loan settlements, daily processing, mortgage closing and funding, clearing suspense items, and other duties.

Review daily balancing performed by accounting staff and serve as the primary back-up for operational functions.


* Manage the processing of Accounts Payable in a timely and accurate manner, including proper classification of invoices to the general ledger while ensuring accurate accounting for capital expenditures, prepaid expenses, and expense accruals.


* Manage the expense reimbursement process, including reviewing expense reports and managing the corporate credit card program.


* Review monthly account reconciliations performed by accounting staff and prepare high level or complex reconciliations; take responsibility for ensuring outstanding items clear on a timely basis.


* Calculate mortgage sales commissions and work with HR to ensure proper processing in accordance with respective incentive compensation plans


* Research and ensure compliance with the proper accounting for other items, including periodic monthly, quarterly, and annual transactions in addition to irregular and non-recurring transactions.

This includes participation in the adoption of new accounting standards updates.


* Lead the general ledger closing process each month, including variance analysis and proposing journal entries


* Maintain the bank's general ledger as an accurate and useful accounting resource; in coordination with the operations department, this includes account structure and system parameter setup, deferred fee/cost parameters and maintenance, as well as relevant interfaces with core system modules and integration with other systems essential to the bank’s accounting function


* On an as-needed basis, participate in cross-departmental teams for the implementation of new products or other procedural changes that have an impact on accounting processes and/or general ledger interface


* Responsible for the accurate preparation and timely filing of sales tax returns and Form 1099’s


* Ensure compliance with abandoned property/stale dated check rules


* Participate in self-development activities to understand and continuously grow knowledge of bank transactions, GAAP, treasury functions, and other industry knowledge.


* Work with other finance personnel to fulfill the requirements for...