Accounting Clerk - Full Time

Paylocity; Northern (KY); Hybrid; USD 42,000 - 65,000; Full time

Job summary

Paylocity is seeking a detail-oriented Accounting/Finance professional to manage daily reserves, bank balances, and wire transfers for multiple institutions. The role entails processing payments with FHLB, handling foreign item processing, and completing monthly reconciliations.

The candidate should have strong planning, problem-solving, and communication skills, plus proficiency in MS Office and experience with CSI or BankTel. Associate degree in accounting or finance preferred.

Qualifications

• Associate degree in accounting or finance or equivalent experience.

Responsibilities

• Determine daily position with the Federal Reserve Bank and United Bankers Bank; purchase or sell funds to maintain reserves.
• Maintain appropriate balances in correspondent bank accounts to avoid overdrafts; handle daily/monthly principal and interest payments with FHLB on advances.
• Process incoming and outgoing wire transfers; export previous days’ wires and upload to accounting system.
• Order currency for branches and ship excess from Titan back to Federal Reserve as needed.
• Balance GL interface reports daily and research outages as necessary.
• Process Canadian and foreign items through Correspondent; complete monthly reconciliations and clear stale items.
• Enter, update, and retrieve accounting data from automated systems; generate internal system reports.
• Complete additional tasks, projects, and reports as assigned.

Skills

Attention to detail

Planning & organization

Problem analysis

Communication skills

Teamwork

Microsoft Office

CSI/BankTel experience

Education

Associate degree in accounting or finance

Tools

CSI

BankTel

Job description

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