Staff Accountant I

Summary of Work

The Staff Accountant position I will be responsible for assurance activities that include:

• Process accounts payable and review purchase card use for compliance with state guidelines. Ensure accurate tax reporting, including the acquisition of W-9’s and preparation of 1099’s for reportable vendors.
• Plan and conduct banking regulatory compliance testing to evaluate the effectiveness of existing Daily maintenance and monitoring of general ledger accounts, including accruals, amortization, depreciation, and prepaid expenses.
• Daily reconciliation of Federal Reserve account and weekly reporting of deposits, transactions, and cash balances to the Federal Reserve.
• Reconciliation and analysis of bank accounts, trust accounts and Federal Home Loan Bank borrowings. 
• Maintain records in accordance with legislative requirements.
• Provide support for annual audits and compliance reviews.
• Ensure maintenance of record retention schedules including proper record identification, proposing the length of time each state record series warrants. retention for administrative, legal, or fiscal purposes, and retain/dispose records according to retention timeframe for the accounting department.
• Help to ensure internal control systems designed to safeguard bank assets and ensure compliance with established policies and procedures.
• Provide support for the accounting team as requested by Management.

Additionally, we would like to foster an environment of cross training with this position for the paying agent on the Trust side. Duties could include:

• Process all transactions relating to the bond registrar system, to include input of new bond issues, processing principal and interest payments, calls and redemptions, draw maintenance, and preparation and verification of billing statements. 
• Collect and process payments from bond issuers, reconcile accounts and submit payment to DTC.
• Submit reports for OFAC.
• Monitor, review, and track draws and warrant payments.
• Monitor and create Destruction Certificates.
• Act as the contact to open and close Cash Bond CDs. Post monthly interest, reconcile accounts, and provide reports.
• Process disputed royalty payments and provide reports.
• Monthly posting of interest to all Trust GL Institutions.
• Provide support for annual audits and compliance reviews.
• Provide support for the internal control systems designed to safeguard the bank assets and ensure compliance with established policies and procedures.

Minimum Qualifications

This position requires an associate degree with coursework in accounting, business management or finance. The hiring authority may substitute relevant college-level course work and/or years of related professional work experience for the education requirement. No previous accounting experience required. Experience in Microsoft Excel, Director, and Navigator preferred.