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Job Description
At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.
SUMMARY OF THE JOB:
The Senior Staff Accountant is responsible for preparing monthly financial results for management and the Bank’s Board of Directors. This includes supporting the development and enhancement of financial reporting systems. This role also performs daily reconciliations of correspondent banking accounts, completes monthly account reconciliations, and prepares general ledger journal entries.
ESSENTIAL FUNCTIONS:
Prepare monthly financial statements based on data compiled from core systems and other internal sources
Maintain and update financial reporting files, supporting schedules and reporting templates to ensure accuracy and consistency
Support the month-end close by ensuring timely data collection, validation and reporting
Play a key role in the development and enhancement of financial reporting systems, including building and updating reporting structures and participating in system implementation, testing and validation
Perform daily reconciliation of the Bank’s correspondent accounts. Work with internal partners and external sources to identify, research and resolve outstanding items timely
Prepare and submit adjustment entries to correspondent banks to facilitate the timely resolution of outstanding items
Prepare monthly general ledger account reconciliations, ensuring balances are properly supported and reconciling items are promptly identified and resolved
Record general ledger entries as needed, ensuring accuracy and appropriate supporting documentation
Provide back-up support for daily reconciliation of the Bank’s Federal Reserve Account
Support the Accounting Manager with projects, process improvements and other assigned initiatives, as needed
Minimum knowledge/skills:
Bachelors degree in Accounting
Minimum 5 years of accounting experience, preferably within financial services or other regulated industry
Strong understanding of accounting principles and financial reporting
Strong technical and systems skills including the ability to build and maintain financial reports
Ability to manage multiple priorities and meet deadlines, particularly in a month-end close environment
Demonstrated advanced capability in Microsoft Excel and proficiency in other Microsoft Office applications
High level of attention to detail with effective written and verbal communication skills
PHYSICAL REQUIREMENTS:
General Office Equipment
Keyboard Dexterity
Prolonged Sitting
COMPLIANCE:
Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.
Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Key Responsibilities
Prepare monthly financial statements based on core system data
Maintain and update financial reporting files and templates
Support month-end close by ensuring timely data collection and validation
Develop and enhance financial reporting systems and structures
Perform daily reconciliation of correspondent banking accounts
Prepare monthly general ledger account reconciliations
Record general ledger entries with appropriate supporting documentation
Provide backup support for Federal Reserve Account reconciliation
Support Accounting Manager with process improvements and initiatives
Requirements
Bachelor's degree in Accounting
Skills Required
Microsoft ExcelMicrosoft OfficeFinancial reportingGeneral ledgerReconciliationAccounting principlesAttention to detailWritten communicationVerbal communicationAbility to manage multiple prioritiesMeeting deadlines
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