Finance Specialist

Position Summary

This is an intermediate level accounting position responsible for performing a variety of accounting and regulatory reporting duties. This position will perform duties that will enable the timely and accurate completion of financial accounting and reporting processes.

Essential Duties and Responsibilities (Other duties may be assigned.)

· Regulatory reporting preparation (FR 2900, FR 2644, FR Y-9SP)

· In consultation with the Treasurer, maintain daily cash at specified levels. Responsible for monitoring, borrowing and transferring funds to maintain positive balances in all accounts. Prepare daily cash position worksheet.

· Research and resolve general ledger unposted items and application balancing errors.

· Create and maintain files for each Bank-purchased investments.

· Record sales and purchases of investments, and securities deliveries and/or transfers.

· Post interest and principal payments on investments receivables.

· Post accrued interest, amortization and accretion, and balance spreadsheet monthly.

· Maintain and monitor Bank pledges of investments for advances, public funds, and repurchase agreements.

· Monitor CDARS and ICS day-to-day for funding

· General ledger and Bank DDA reconciliations.

· Federal and state withholding filing

· Write and generate H360 reports.

· Follow bank policies and procedures, security guidelines, and comply with all federal, state and local regulations.

Qualifications

· Bachelor’s degree in accounting or finance, or at least 3 years of related experience, or an equivalent combination of education and experience.

· Effective oral and written communication skills.

· Knowledge of bank investment practices.

· Demonstrated knowledge of accounting practices.

· Ability to compute basic to moderately complex math calculations.

· Intermediate to advanced problem-solving and analytical skills. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

· Advanced knowledge of Excel.