Accounting Manager

MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION; Bridgeview (IL); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Visibility into regulatory reporting

Opportunity to build accounting system

Competitive salary and benefits

Job summary

Midland Federal Savings and Loan Association is seeking an Accounting Manager to own the month-end close, accounts payable operations, and GL reconciliations. You will report to the VP Controller in a hands-on, regulated banking environment.

The role offers leadership opportunities for a Senior Accountant ready to take ownership of the close process, with strong emphasis on accuracy, controls, and regulatory reporting. Banking experience is a plus.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3–5 years of accounting experience including month-end close, journal entries, and GL reconciliations.
• Strong U.S. GAAP and accrual-basis accounting understanding.
• Advanced Excel skills: formulas, pivot tables, multi-tab workbook design.
• Detail-oriented with a commitment to accuracy and traceability; able to manage the close calendar independently.

Responsibilities

• Lead the full month-end close cycle, including preparation and posting of all recurring and variable journal entries.
• Own the full AP cycle: invoice receipt, coding, approval routing, entry, and payment processing.
• Perform monthly GL reconciliations: bank accounts, investments, accrued interest, prepaid assets, and accruals.
• Support quarterly CECL documentation and coordinate with external consultants.
• Prepare quarterly Call Report and respond to regulatory examination requests.

Skills

Month-end close

Advanced Excel

GL reconciliations

GAAP knowledge

Attention to detail

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Accounting software

Job description

About This Role

Midland Federal Savings is a federally chartered mutual savings institution serving the Chicagoland community. We are looking for an Accounting Manager to own the month-end close, accounts payable operations, and general ledger reconciliations. You will report to the VP Controller.

This is a hands-on role at a regulated financial institution. If you are a Senior Accountant ready to step into a leadership position with direct ownership of the close process, this is your opportunity.

Responsibilities

Month-End Close

• Lead the full month-end close cycle, including preparation and posting of all recurring and variable journal entries.
• Prepare prepaid expense amortization schedules. Review new invoices, classify treatment, and maintain the prepaid inventory.
• Prepare investment-related entries and coordinate with the investment custodian and broker for monthly source data.
• Prepare financial statements, trial balance review, and variance analysis.

Accounts Payable

• Own the full AP cycle: invoice receipt, coding, approval routing, entry, and payment processing.
• Manage vendor relationships, W-9 collection, and annual 1099 reporting.
• Review invoice coding against the chart of accounts and ensure proper classification of prepaid vs. operating expenses.
• Process check runs and wire payments. Maintain the AP aging schedule.
• Resolve vendor discrepancies, duplicate payments, and missing documentation

Reconciliations

• Perform monthly GL reconciliations: bank accounts, investment accounts, accrued interest, prepaid assets, and accrued liabilities.
• Investigate and resolve reconciling items. Maintain organized documentation for audit support.
• Support quarterly CECL documentation and coordinate with external consultants.

Regulatory and Audit Support

• Support quarterly Call Report preparation with accurate GL-to-schedule mapping.
• Prepare workpapers for the annual PCAOB audit and respond to regulatory examination requests.

Qualifications

Required

• Bachelor's degree in Accounting, Finance, or related field.
• 3 to 5 years of accounting experience including month-end close, journal entries, and GL reconciliations.
• Strong understanding of U.S. GAAP and accrual-basis accounting.
• Advanced Excel skills: formulas, pivot tables, multi-tab workbook design.
• Detail-oriented with a commitment to accuracy and traceability
• Ability to work independently and manage the close calendar.

Preferred

• Experience in banking or financial institution accounting.
• Experience with Call Report preparation or investment accounting

What We Offer

• A seat at the table with visibility into regulatory reporting, audit, and executive leadership.
• Opportunity to build and improve accounting systems and controls.
• Competitive salary and benefits pack