First Bank & Trust Staff Accountant in Sioux Falls, South Dakota
OVERALL FUNCTION: The staff accountant works as part of a team that makes entries, reconciles balances to the general ledger, and manages the accounting records for the banks, subsidiaries, and the holding company on a regular basis.QUALIFICATIONS: This person should have at a minimum an associates degree plus three years of experience or a high school degree and five years of experience in a related business field, and a background or training in accounting, preferably in a banking environment. Because this person works directly with other bank departments, good communication and customer service skills are essential. Excel, SharePoint, and QuickBooks experience are preferred.PRINCIPAL RESPONSIBILITIES ARE TO:NOTE: These responsibilities are shared and rotated among several people, with the Assistant Controller making specific assignments as to primary and back-up responsibilities.1. Serve as backup for Accounts Payable Specialist: Responsible for the execution of accounts payable policies and procedures. Assure that all expenses are approved by the designated level of management in accordance with policies. Accurate and timely recording of invoice payments to include employees and vendors. Monthly sales and use tax filing. Annual 1099 reporting.2. Reconcile monthly payments received from third party insurance agencies for new and renewed policies by Fishback Insurance Agency.3. Maintain reconciliations on SharePoint for all affiliate banks and FBT including but not limited to: Reconcile various general ledger, unposted, and suspense accounts daily. Determine outstanding items and the necessary action to be taken in order to resolve them. Communicate with appropriate department and assure outstanding items are corrected on a timely basis. Reconcile the general ledger to correspondence statements daily, and communicate with various departments on items that were posted in error. Calculate and maintain the proper account balances for correspondence accounts daily. Reconcile credit card and ATM general ledger accounts daily.2. Use GAAP (General Accepted Accounting Principles) when reconciling or making decisionsrelated to how a general ledger account is used.3. Answer questions from employees within the organization related to correct general ledgeraccounts to use for a specific situation.4. Assist with research of request information for internal or external audits and exams.5. Review general ledger and or internal DDA account reconciliation done by other departmentsor bank employees to identify items not properly listed as outstanding and/or not corrected on atimely basis. Communicate and follow up with the preparer of the reconciliation to ensureproper resolution.6. Lead or contribute to special projects as assigned by Finance management staff.7. Act in accordance with FBT policies and procedures as set forth in the employee handbook.8. Adhere to compliance procedures and participate in required compliance training.