Purpose: Responsible for a wide variety of daily accounting/operational functions within the Finance department. Duties include maintaining accounting records and preparation of general ledger and checking account reconciliations, including reciprocal deposit products; preparation and distribution of internal management reports; preparation of weekly bank regulatory reports and supporting reports for West Bank’s quarterly Call Report; providing support for the investment securities portfolio; back-up for other Finance Department functions; and assisting with data requested by internal and external auditors.
Essential Duties & Responsibilities:
Responsible for Maintaining Accounting Records and Preparing Reconciliations: Prepare reconciliations for Due from Correspondent Banks, Standby Letters of Credit, and other assigned general ledger accounts. Perform daily reconciliations of internal Bank DDA accounts, which include credit card advances and reloadable debit cards. Perform reconciliations of the official check accounts. Communicate with appropriate West Bank staff for follow up on open items.
Daily Processing, Settlement, and Entries for CDARS, Janney, and DTCC and reconciliation of the ICS Money Market and Interest Checking: Perform timely settlements for DTCC, CDARS, and ICS. Record daily general ledger entries and perform the reconcilements for the CDARS and ICS Money Market and Interest Checking programs and Janney funds.
Investment Securities Portfolio Support: Communicate purchases/sales of investment securities to the bank’s vendor (BMO) and record principal and interest payments to the general ledger.
Preparation of West Bank Internal Management Reports: Prepare accurate and timely Daily Statement and other daily, weekly, monthly and quarterly internal management reports.
Preparation of and Support for Regulatory Reporting: Prepare and submit weekly FR2900 and FR2644 Reports. Prepare supporting reports for West Bank’s quarterly Call Report.
Provide Back Up for Other Finance Department Team Members: Responsible for backing up the daily responsibilities of the other Accountant positions within the department and recording other general ledger entries as needed. Assist with gathering data requested by internal and external auditors.
Build Strong Communities: Participate in community events, including spending at least 4 hours annually staffing an event (art festivals, community celebrations, etc.), representing West Bank at a luncheon or reception as requested, or participating in a community festival (parade, etc.) or bank-sponsored outreach event.