Banking Services Operations Associate III - IPDS Recons

M&T Bank; Buffalo (NY); On-site; USD 29,000 - 47,000; Full time

Job summary

M&T Bank in Buffalo, NY is seeking an Accountant focused on reconciling assigned GL accounts and DDAs to ensure timely, accurate reporting under GAAP. You will research complex issues, prepare routine accounting data, and support cross-functional teams with inquiries while adhering to internal controls and SOX requirements.

Qualification includes a HS Diploma or GED and at least 3 years of relevant experience.

Qualifications

• HS Diploma or GED required.
• Minimum 3 years of relevant accounting experience.

Responsibilities

• Reconcile and report assigned GL accounts timely and accurately.
• Identify out-of-balance conditions and aged items.
• Research and resolve complex accounting issues.
• Support GAAP-compliant financial statements and SOX/Finance requests.
• Coordinate with cross-functional teams and stakeholders.
• Assist in new business initiatives under manager guidance.
• Mentor junior staff on routine tasks.

Education

HS Diploma/GED

Job description

Overview

Reconciliation of assigned GL accounts and DDAs timely and accurately. Identify out of balance conditions and unusual or aged items in assigned accounts. Research of complex issues. Participate in projects.

Primary Responsibilities

• Timely and accurate reconciliation / reporting of assigned portfolio activity to Finance / Audit / SOX to ensure accurate Financial Statements in accordance with GAAP.
• Gather and research data to prepare routine accounting reports including daily, weekly and/or monthly departmental reporting assignments.
• Perform problem resolution to identify issues and escape as appropriate.
• Perform research to resolve aged items and system outages on reconciliations escape as necessary.
• Communicate with internal cross-functional areas, business partners and investors to assist in resolution of routine inquiries/issues.
• Update procedures due to changes in process or accounting requirements with input from Operational Accountant III, IV or Manager.
• Participate in responsibilities associated with new business initiatives under Manager's direction.
• Mentors and trains less experienced staff on routine task and questions
• Adhere to established policies, procedures and limits focusing on observable breaches in Corporate Risk policies.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Education and Experience Required

HS Diploma/GED

Plus 3 years relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America