Accountant II, Bank Reconciliation
The primary purpose of this job is to perform accounting activities related to maintenance of bank reconciliations and corresponding General Ledger accounts and analysis of related activities resulting in managerial reports and financial statements. The position will assist in the implementation of automated financial systems and the development of accounting requirements for bank Reconciliation impact of new products and services- particularly in the areas of branch and cash on hand accounts. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.
Prepare daily, weekly and monthly general ledger entries to support the bank activity and reconciliation process.
Reconcile general ledger bank account activity for assigned accounts, research discrepancies and prepare and or correct journal entries in the general ledger.
Reconcile branch and third-party vaults to Federal Reserve and foreign currency reports and branch totals.
Research and clear bank reconciliation items when operationally necessary.
Review and process requests for stop payments and loan check cancelations.
Balance branch reported official check activity to bank account balance, research discrepancies and work with branches to process corrections.
Analyze assigned accounts to prepare monthly accrual entries, as needed or assigned.
Provide recommendations for improving current balancing and reconciling procedures
Assist the operations staff when necessary to facilitate accurate reporting of daily operational information to Accounting
Assist in departmental projects as required including activity reporting, special studies and analyses.
Maintain and update periodic procedures and processes.
Assists in preparing other assigned monthly GL reconciliations and review schedules.
Bachelor’s Degree in Business, Finance, Accounting or a related field is required and/or accounting/General Accounting certifications or direct bank reconciliation experience in an automated scenario.
Minimum of two (2) years’ of experience in accounting and bank reconciliation activities is required.
The ability to cross train on all functions of the bank reconciliation team and act as backup as needed.
This position will not supervise employees.
CPA or CPA candidate preferred.
- Customer/Client Focus.
- Ethical Conduct.
- Personal Effectiveness/Credibility.
- Interpersonal Skills
- Communication Skills
- Problem Solving Skills
- Ability to Maintain Confidentiality
- Quality control
- Safety and Security