Accountant I

Accountant I

Corporate - 2nd Floor - McAllen, TX 78504

Description

JOB SUMMARY

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

ESSENTIAL DUTIES

• 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

Qualifications

QUALIFICATIONS

• A highly motivated and self-starting team player who possesses a High School Diploma or GED and a Bachelor's degree in Accounting from an accredited college or university (equivalent accounting experience may be substituted for degree requirement) and 1-3+ years of related experience
• Strong knowledge of accounting, general ledger, and month-end accrual versus cash accounting is required
• Must be PC literate with working knowledge of word processing and spreadsheet software
• The ability to work in a highly stressful environment, meet deadlines and perform a variety of tasks with numerous interruptions is essential
• Attention to detail and mental concentration are required, as well as the ability to change quickly from one task to another
• Maintaining confidentiality and exercising discretion in performing daily duties are required
• Good organizational, interpersonal and communications skills are necessary
• Position can cause visual strain and requires sitting at the computer for prolonged periods of time
• Previous report writing and working with experience working with general ledger is preferred
• Bilingual in English and Spanish is desired