Bank Operations/Bookkeeper

Job Summary
We are seeking a detail-oriented and organized Bookkeeper/Operations professional to join our team at Princeville State Bank, a small community bank committed to serving the local community. The ideal candidate will have a strong understanding of bookkeeping, accounting principles, and banking operations. This role will involve managing the financial records of the bank, ensuring compliance with regulations, and supporting day-to-day operational tasks to ensure smooth functioning of the bank.

Responsibilities

Bookkeeping and Financial Reporting:

• Maintain accurate financial records, including general ledger entries, accounts payable, accounts receivable, and payroll.
• Reconcile bank statements, general ledger accounts, and trial balances.
• Prepare and process financial statements and reports, including balance sheets, income statements, and cash flow reports, on a monthly, quarterly, and annual basis.
• Assist in the preparation of tax filings, audits, and regulatory reports.
• Track expenses and income to ensure financial accuracy and identify discrepancies.
• Monitor and record loans, deposits, and other financial transactions.

Banking Operations:

• Assist in daily operations of the bank, including managing customer account transactions, processing deposits, withdrawals, and loan payments.
• Support the implementation and maintenance of operational policies and procedures to ensure compliance with banking regulations.
• Assist customers with account inquiries, issue resolution, and basic banking transactions as needed.
• Help in managing the bank’s operational systems, ensuring accuracy and efficient workflows.
• Maintain bank records, files, and other documentation in compliance with regulatory standards.

Compliance & Risk Management:

• Ensure all financial and operational activities comply with local, state, and federal banking regulations.
• Participate in audits and regulatory inspections, providing necessary documentation and support.
• Assist in identifying potential risks and propose solutions to mitigate them.

General Administrative Support:

• Provide administrative support to the bank’s management team as needed, including preparing reports and handling communications.
• Maintain office supplies and ensure smooth functioning of office equipment.
• Handle other tasks as assigned by the Vice President of Operations or other members of the management team.
• Assist in Information Technology needs and upgrades.

Qualifications:

• Associate’s degree in Accounting, Finance, Business Administration, or a related field (or equivalent work experience).
• Proven experience (2 years) in bookkeeping, accounting, or banking operations, preferably in a community bank or financial institution.
• Strong knowledge of banking systems.
• Familiarity with bank regulations and compliance standards.
• Strong organizational skills and attention to detail.
• Ability to multitask, prioritize, and meet deadlines.
• Excellent communication and interpersonal skills.
• Ability to maintain confidentiality and handle sensitive information.

Preferred Skills:

• Knowledge of basic banking products and services.
• Certification or coursework in banking operations or financial services.

Working Conditions:

• Full-time position, Monday to Friday including one Saturday per month.
• Friendly, small-team environment with a focus on community involvement and customer service.

Job Type: Full-time

Pay: $50,000.00 - $65,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Bookkeeping: 2 years (Preferred)

Ability to Commute:

• Princeville, IL 61559 (Required)

Ability to Relocate:

• Princeville, IL 61559: Relocate before starting work (Required)

Work Location: In person

Salary : $50,000 - $65,000