Accounting Operations Specialist

SUMMARY

This position performs a wide variety of accounting operations and ad-hoc duties for the department, prepare financial reports and maintain accurate financial records (including appropriate subsidiary ledgers) in accordance with principles generally accepted in the United States of America (GAAP), Securities and Exchange Commission (SEC), regulatory and internal control over financial reporting ("ICFR") guidelines for the Bank.


ESSENTIAL DUTIES AND RESPONSIBILITIES

• Complies with, and stays abreast of, all policies and procedures, federal and state laws, accounting standards, and regulatory requirements applicable to the job.
• Maintains the Bank's financial records and reports in an up-to-date condition reflecting changes in the general ledger, in accordance with company policies and procedures. This includes reviewing and analyzing general ledger accounts to ensure accurate reporting of the financial activity of the bank.
• Responsibilities include but not limited to general accounting functions, accounts payable, daily cash management activities as assigned.
• Reviews accounts payable transactions and corresponding general ledger transactions daily to document for any exceptions and follow-up with related department managers to resolve issues.
• Prepares daily and monthly record journal entries.
• Prepares general ledger accounting reconciliations.
• Participates in month-end close process as assigned.
• Record and process intercompany relationships and transactions between Bank and Bank Holding Company.
• Maintains ongoing collaboration with other departments to obtain and review schedules for the preparation of external filings, and to ensure transactions are captured appropriately in the financial statements.
• Assists with compilation of various financial regulatory reports and SEC filings, including Call Report, Annual Reports on Form 10-K, and quarterly reports on Form 10-Q in an accurate and timely manner.
• Assists with the collection of audit related materials as required by external and internal auditors.
• Identifies process improvement opportunities and assists with developing and maintaining procedures and documentation for the Finance - Accounting and Financial Reporting department.
• Responsible for record retention effort and coordination with Facilities
  • Provides support on various special projects.
  • Cross-train on other positions in the Accounting and Financial Reporting department.
  • Provide, present, and promote the Citizens Experience to all external and internal customers.
  • Other duties as assigned.

SUPERVISORY RESPONSIBILITIES

This position does not have any supervisory responsibilities.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


EDUCATION and/or EXPERIENCE

One year certificate from college or technical school; or three to six months related experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information and respond to questions from groups of managers.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference, and to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra, fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to solve practical problems and deal with a variety of concrete variables in situations where limited standardization exists. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

OTHER SKILLS and ABILITIES

• Strong organizational skills with the ability to manage multiple tasks and/or projects accurately within the same period.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


While performing the duties of this job, the associate is regularly required to talk or hear. The associate is frequently required to stand; walk; sit; and use hands and fingers to handle or feel. The associate is occasionally required to reach with hands and arms, and stoop, kneel, crouch or crawl. The associate is regularly required to operate a computer keyboard, mouse, calculator and telephone and reach with hands and arms. The associate must occasionally lift and/or move up to ten (10) pounds.


WORK ENVIRONMENT

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


The work environment is usually moderate.