Sr. Accounting Specialist

Job Description

Job DescriptionJob ProfileJob Title: Sr. Accounting SpecialistLocation: Amherst, Rochester or Warsaw NYHire Type: Contingent to HirePay Range: $25-32/hrWork Model: HybridRecruiter Contact: Amy Dugenske | adugenske@imaginestaffing.net | 716-256-1289Nature & Scope:Positional OverviewImagine Staffing is seeking a highly motivated and detail-oriented Senior Accounting Specialist to join our client’s financial team. This critical role is responsible for maintaining the accuracy and integrity of the general ledger and supporting timely financial reporting in compliance with GAAP and regulatory standards. We’re looking for an accounting professional that will bring strong technical accounting skills, a deep understanding of complex financial instruments, and the ability to collaborate across departments to ensure complete, accurate, and insightful financial data. If you are looking to grow your career with a values-driven community bank that prioritizes trust, service, and performance, we invite you to apply.Role & Responsibility:Tasks That Will Lead To Your Success

• Record and reconcile investment securities balances to reports provided by third-party custodian, including internal review of trade tickets and authorization of transactions, working with the Treasury department to ensure adjustments are completed timely and accurately.
• Prepare quarterly regulatory and SEC reporting schedules as support for the bank’s Call Reports and the Company’s external SEC disclosures within required deadlines. A key part of this essential function includes understanding investment securities classifications and the different accounting and reporting requirements for each classification.
• Perform fixed asset accounting for book and tax using a third-party sub-ledger system for maintaining asset records and recording monthly depreciation, disposals, additions, and transfers. Record intercompany assets and transfers between entities. Facilitate annual review of fixed asset records with internal stakeholders.
• Regularly review CWIP for proper classification by working with departments outside of accounting to ensure estimated dates of projects, operational status of assets, and classification of costs are reasonable.
• Record transactions and reconcile loans held outside of the core application including obtaining reports from a third-party during the month end close process.
• Record transactions and reconcile Bank Owned Life Insurance policies including obtaining reports from a third-party during the month end close process.
• Work with the Treasury department to record and reconcile all borrowing related transactions, including sub-debt, short- and long-term advances and all related interest calculations and ongoing amortization or accretion of premiums, discounts and issuance costs. This will include the review of executed agreements and tracking key dates to ensure accruals are accurate and timely based on prepayments, rate changes, or other qualifying events. On a quarterly basis prepare and submit debt covenants, including obtaining review signoff and executive authorization, within contractual deadline.
• Prepare reconciliations for a range of balance sheet accounts and work to ensure reconciling items are appropriate, expected clearing dates are documented and supported, and required adjustments are completed in the appropriate period. Maintain documentation of reconciliation procedures by account within account reconciliation software.
• Perform accounting research and assist with documentation to support accounting treatment of transactions resulting from essential functions of this role.
• Demonstrate the standards and principles of the experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Skills & ExperienceQualifications That Will Help You Thrive

• Bachelor’s degree in accounting, finance, business, or related field.
• 5+ years of accounting experience.
• Certified Public Accountant preferred.
• Strong knowledge and understanding of Generally Accepted Accounting Principles (GAAP).
• Ability to research accounting treatment of transactions using resources such as FASB Accounting Standards Codification and present findings to internal stakeholders.
• Ability to review contracts and legal agreements and determine proper accounting treatment and calculations.
• Proficient in Microsoft Excel with the ability to learn and utilize new existing banking and accounting software applications.
• Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines and possess a high level of attention to detail to ensure accuracy.
• Analytical ability to interpret data and present it in a meaningful and easily understood form while providing recommendations.
• Ability to take initiative in problem solving and uses sound judgment produces practical decisions and solutions.
• Strong verbal and written communication skills with the ability to interact with all levels of staff and management.