Accountant I

JOB SUMMARY

The Accountant I is responsible for maintaining and reconciling bank general ledger and Official Bank accounts.

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties as assigned.

• Prepares analysis submitted to the Federal Reserve on a weekly and quarterly basis
• Prepares accounting journal entries and ensures accuracy, completeness, and timeliness of transactions processed
• Works with other departments and outside vendors or companies to clear outstanding items or collect outstanding Accounts Receivable
• Performs analysis of variances and trends on selected accounts  
• Performs a variety of accounts payable duties to include inputting invoices into accounts payable system verifies and collects all necessary documentation and approvals to process payment, and prepares various accounting summaries and statistical reports as needed 
• Performs daily, weekly, and/or monthly Account Reconciliations
• Scanning of reconciliations and journal entries into the electronic document system (Synergy)
• Works with departments and management to clear reconciling items that are stale dated
• Prepares varies reports for management and reporting
• Performs data entry of FR2900 and FR2644 to the Federal Reserve Bank
• Assists in the preparation of the quarterly Bank Call Report
• Assists in preparing the Annual Financial Report footnotes
• Contacts bank customers/vendors on stale Official Checks to try and re-issue checks prior to escheating funds to state
• Maintains specialized knowledge in applications of accounting principles and regulatory reporting
• Complies with all federal and state laws and regulations, and all established bank policies and procedures
• Maintains current knowledge of all rules, regulations and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML