Accountant III at Banterra Bank in Eldorado, IL

Job description

• Pay Range: $28.24 to $35.30
• The Accountant III handles essential accounting duties for the parent company and its subsidiaries, ensuring accuracy and compliance. This role includes preparing monthly, quarterly, and annual reports for senior management, regulatory agencies, and external auditors. The Accountant III also researches and responds to inquiries from examiners, auditors, and management, and assists in developing reliable information for regulatory and financial reporting requirements.
• Ideal candidates are detail-oriented, analytical, and organized, with broad and in-depth understanding of accounting principles and proficiency in accounting software. Strong communication skills are essential for interacting with senior management, auditors, and regulatory bodies. A bachelor's degree in accounting or a related field, along with relevant work experience, is preferred.
• The Accountant III significantly impacts the company by maintaining financial integrity and compliance. Their accurate and timely reporting supports informed decision-making by senior management and helps the company meet regulatory requirements, fostering trust with external stakeholders and contributing to the company's growth and stability.
• All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cybersecurity, and risk management best practices, as well as complying with all applicable laws, regulations, and organizational policies.

Responsibilities

• Prepare and post the various entities activity, including cash receipts, journal entries, general ledger transactions, cash disbursements, and general ledger reconciliations, as well as all required reports.
• Ensure data entry and recording for various software programs, including general ledger, accounts payable, accounts receivable, shareholder accounting, fixed assets, prepaid expenses, lease accounting, 1099 and regulatory reports.
• Maintain specialized accounting software and functions, such as shareholder accounting, financial and budget, ACL, fixed asset accounting, prepaid, lease accounting, customer deposits, regulatory and 1099 preparation.
• Trains new staff and mentors less experienced staff.
• Processes and maintains assigned ad hoc or recurring journal entries in a timely and accurate manner.
• Monitor various Fed and FDIC reporting requirements, rule changes, and prepare or review the necessary reports, as well as track changes in Accounting Standards.
• Assist in the preparation of corporate stockholder processing.
• Prepare the daily funds settlement process.
• Assist with investment duties and activities as needed.
• Prepare pledging requests and assist with various pledging related functions.
• Prepare or review various balance sheet account reconciliations.
• Review bank deposits and perform reconciliation of accounts.
• Support the accurate preparation and presentation of financial data for monthly, quarterly, and annual regulatory and financial reports.
• Prepare and assist with various state and local reporting, including annual reports, unclaimed property, and Tangible and Intangible tax returns.
• Design and build reporting structures and formats using various software programs.
• Assist with the budget process.
• Maintain subsidiary schedules that support and reconcile to control accounts or activities.
• Assist with federal and state examination requests, as well as internal and external audit inquiries.
• Assist in the preparation of quarterly and annual tax information.
• Accurately key or scan document data into imaging equipment, ensuring all information is properly filed, indexed and cross-referenced through electronic means.
• Ensure that electronic records are properly maintained, archived and stored according to established policies and regulations.
• Utilize strong communication skills to build and maintain positive relationships with internal and external stakeholders at all levels.
• Develop and maintain financial policies and procedures
• Recommend and implement process improvements in areas of responsibility.
• Provide support to other members of the Accounting Department as needed.
• Assume responsibility for special projects and tasks as assigned.

Requirements

• Bachelor’s degree in Accounting, a related field, or a commensurate combination of education and experience required.
• Minimum of five years of experience working in Accounting or a related field required.
• Broad and in-depth knowledge of Accounting functions and relevant laws, regulations, and best practices.
• Excellent communication skills and the ability to communicate effectively, verbally and in writing, with internal and external customers at all levels.
• A positive and proactive approach to work, demonstrating enthusiasm, adaptability, and the ability to maintain composure and professionalism in stressful or adverse conditions.
• Strong organizational skills and attention detail.
• Critical thinking skills and the ability to apply sound judgement in decision-making.
• Ability to accurately and quickly complete standard mathematical calculations, applying concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to analyze and interpret common and specialized financial reports.
• Proficient computer literacy, including comfort with Microsoft systems and Office Suite.
• Intermediate typing skills to meet the needs of this position.
• Current driver’s license and reliable transportation with appropriate insurance coverage; additionally, the ability to drive occasionally in the course of performing assigned duties and responsibilities.
• The ability to work with minimal or no supervision.
• Education
• Required
• Bachelors or better in Accounting or related field.
• Experience
• Required
• Minimum of five years of experience working in Accounting or a related field required.

Skills

Required

• Detail-oriented
• Analytical
• Organized
• Strong communication skills
• Positive and proactive approach
• Adaptability
• Critical thinking
• Sound judgement
• Accounting software proficiency
• Microsoft Office Suite
• General ledger software
• Accounts payable/receivable software

Benefits

• Benefits: We are dedicated to creating a workplace where all team members feel valued and empowered. Our employee benefits promote well-being and professional growth, including insurance options, retirement plans, and career development opportunities included approved company paid training. Benefits include paid time off, medical, dental, vision and life insurance, 401(k) plan, tuition assistance, and more.