Operational Accounting Associate III

M&T Bank; Buffalo (NY); On-site; USD 28,000 - 47,000; Full time

Job summary

M&T Bank in Buffalo, NY is seeking a detail-oriented accounting professional to reconcile assigned GL accounts and DDAs, ensuring timely and accurate financial data. You will identify out-of-balance conditions, research complex issues, and participate in projects with Finance and Audit teams.

You will gather data to prepare routine accounting reports (daily, weekly, monthly), perform problem resolution, and advise on aging items and system outages on reconciliations.

Qualifications

• HS Diploma or GED required.
• Minimum 3 years of relevant accounting experience.
• Experience reconciling GL accounts and DDAs.
• Strong data gathering and problem resolution skills.
• Knowledge of GAAP and financial reporting processes.

Responsibilities

• Timely and accurate reconciliation / reporting of assigned portfolio activity to Finance / Audit / SOX to ensure accurate Financial Statements in accordance with GAAP.
• Gather data to prepare routine accounting reports including daily, weekly and/or monthly departmental reporting assignments.
• Perform problem resolution to identify issues and escalated as appropriate.
• Perform research to resolve aged items and system outages on reconciliations escalated 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.

Skills

GAAP knowledge

Bank reconciliation

Financial data analysis

Communication skills

Education

HS Diploma/GED

Tools

Excel

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.

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 escalated as appropriate.
• Perform research to resolve aged items and system outages on reconciliations escalated 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