Staff Accountant

First Bank & Trust Company of Illinois; Palatine (IL); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

401k

Medical insurance

Dental

PTO

Holiday pay

Job summary

First Bank & Trust of Illinois is seeking a Staff Accountant to manage day-to-day accounting activities and support the CFO with financial reporting. The role requires strong interpersonal skills, business acumen, and accuracy in reconciling accounts and preparing statements.

Responsibilities include journal entries, month-end close, balance sheet reconciliations, AP processing, fixed assets, forecasting, and assisting with regulatory reporting.

Qualifications

• Knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations.
• High attention to detail and accuracy.

Responsibilities

• Track and evaluate day-to-day activities in all areas of accounting.
• Prepare journal entries and month-end close reconciliations.
• Reconcile balance sheets and accounts payable processes.
• Assist with budgeting, forecasting, and financial reporting.

Skills

Bookkeeping knowledge

Interpersonal skills

Attention to detail

Education

BS in Accounting or Finance

Comparable work experience

Job description

The Staff Accountant will be responsible for tracking and evaluating the day-to-day activities within all areas of the accounting department. Duties include, but are not limited to, reconciling accounts, preparing financial statements, accounts payable processing and reconcilement and quarterly reporting and tracking information pertaining to company assets and income for compliance. Moreover, the candidate must have strong interpersonal skills and possess a strong business acumen. This role will report directly to the Chief Financial Officer and requires a high level of professional capabilities.

Responsibilities:

• Ability to multi-task utilizing understanding in all areas of the accounting department
• Daily/monthly/quarterly operations of the accounting department including:
• Daily/Monthly journal entries
• Month end close/reconciliations
• Monthly financial reports
• Balance sheet reconciliation
• Bond investment portfolio reconciliation and reporting
• Accounts payable process and reconciliation
• Fixed asset reconciliation
• Forecasting and budgeting
• Assist with quarterly call report and regulatory report preparation
• Prepare committee and board reports
• Establish and enforce proper accounting methods, policies, and principles
• Assist in completing audits and tax audits

Requirements:

• BS degree in Accounting or Finance or comparable work experience
• Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations
• High attention to detail and accuracy

Physical Requirements

• Talking - Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
• Hearing - Able to hear average or normal conversations and receive ordinary information.
• Repetitive Motion - Movements frequently and regularly required using the wrists, hands, and/or fingers.
• Vision - Average, ordinary, visual acuity necessary to prepare or inspect documents or products or operate machinery.

This description has been designed to indicate the general nature and level of work performed by an employee in this position. The actual duties, responsibilities and qualifications may vary in the future based on new or revised work assigned to this position.

First Bank & Trust of Illinois offers eligible employees a competitive benefits package including 401k; medical, life and long-term disability; dental; PTO and holiday pay as well as opportunities for advancement. Dress code is business casual.

First Bank & Trust of Illinois will consider qualified applicants in a manner consistent with local “Fair Chance” ordinances. First Bank & Trust of Illinois is an Equal Opportunity Employer.