Accounting Clerk en Consumers National Bank

Description

The Accounting Clerk, reporting to the Controller, is responsible for determining the Bank’s position with the Federal Reserve Bank (FRB) on a daily basis. Sell excess funds or purchase funds with correspondent banks while maintaining adequate balance with the FRB to meet minimum reserve requirements. Process incoming and outgoing wire transfers. A minimum of training is required for job proficiency.

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Determine daily position with the Federal Reserve Bank and United Bankers Bank. Purchase or sell funds ensuring adequate reserves are maintained

· Ensure appropriate balances are maintained in correspondent bank accounts ensuring that the accounts are not overdrawn. Responsible for the daily and monthly principal and interest payment with the Federal Home Loan Bank (FHLB) on outstanding advances

· Process incoming and outgoing wire transfers. Export previous days’ wires and upload in accounting system

· Order currency for Branches and ship excess from Titan back to Federal Reserve as needed

· Clear Non-post

· Balance GL interface report on a daily basis and research outages as necessary.

· Process Canadian items and all foreign items through Correspondent

· Responsible for completing monthly reconciliations of assigned accounts, researching outages and following up on the clearing of stale items

· Enters, updates, and/or retrieves accounting data from automated systems

· Generates system reports based in internal requests

· Completes additional tasks, projects, and reports as requested or assigned

· Adheres to and satisfies all duties and training requirements related to company or outside agency compliance, confidentiality, policies, fraudulent or suspicious activity reporting, laws, and regulations as they apply to the position

· Any other tasks that may be assigned

Requirements

Associate degree in accounting or finance or equivalent experience

Experience/Skills:

· Logical and efficient. Proficient in balancing with keen attention to detail

· Effective planning and organization skills

· Problem analysis, mathematic, and problem resolution skills

· Effective interpersonal skills and customer service orientation both internal and external

· Effective communication skills, both oral & written

· Proven ability to execute tasks under pressure

· Able to exercise appropriate judgment and seek/involve management when necessary

· Proven success working in a team-oriented, collaborative environment

· Minimum intermediate skill level in all Microsoft Office programs 

· Experience using CSI and/or BankTel a plus