Accounting Clerk - Full Time

Consumers National Bank; Minerva Township (IA); On-site; USD 42,000 - 65,000; Full time

Job summary

Consumers National Bank in the United States seeks an Operations Specialist to manage daily funds movements, wire transfers, and reconciliations. You will balance GL interfaces, process Canadian and foreign items, and support monthly closings in a collaborative team setting.

Associate degree in accounting or finance required; strong MS Office skills. You will work on-site in Iowa, handling reserves, reporting, and compliance duties with attention to detail.

Qualifications

• Associate degree in accounting or finance or equivalent experience.
• Strong attention to detail with accurate balancing and reporting.
• Solid planning, organization, and communication abilities.
• Ability to analyze problems and resolve issues under pressure.
• Experience with wire transfers, reconciliations, and reports.

Responsibilities

• Determine daily position with Federal Reserve Bank and United Bankers Bank; ensure reserves.
• Maintain balances in correspondent accounts; manage payments with FHLB.
• Process wire transfers; export wires to accounting system.
• Order currency for branches and manage transfers to Fed.
• Balance GL interface reports daily and research outages.
• Handle Canadian and foreign items through Correspondent.
• Complete monthly reconciliations and follow up on stale items.
• Enter, update, retrieve data from automated systems; generate internal reports.
• Assist with duties, training, compliance, and reporting.
• Perform additional tasks as assigned.

Skills

Balancing

Attention to detail

Planning

Organization

Problem analysis

Mathematics

Problem solving

Interpersonal skills

Customer service

Communication

Under pressure

Judgment / escalation

Teamwork

Microsoft Office

CSI

BankTel

Education

Associate degree in accounting or finance or equivalent experience

Tools

CSI

BankTel

Microsoft Office

Job description

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