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Staff Accountant

Opportunities at Towne
Suffolk, VA Full Time
POSTED ON 3/5/2025
AVAILABLE BEFORE 4/4/2025

Primary Purpose:

Assisting with various duties within the Accounting Department of TowneBank and/or its affiliated companies.  Staff Accountant role could include a variety of accounting and finance related functions within the department based on the experience and interests of the individual candidate and the needs of the accounting department.

Essential Responsibilities:

  • Perform projects and research as assigned.
  • Recording journal entries and the preparation of reconciliations.
  • Manage and reconcile the Bank’s Brinks and Loomis Inventories.
  • Maintain appropriate monetary balances at each correspondent bank.
  • Serve as Back up to Assistant Treasurer for public deposits and investment activity.
  • Serve as Back up for the Federal Reserve Bank account reconciliation.
  • Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
  • Other duties as assigned.

Minimum Required Skills & Competencies:

  • Bachelor’s degree in accounting or equivalent work experience.
  • Strong analytical abilities.
  • Excellent communication, organizational, and interpersonal skills.
  • Proficient in Microsoft Office Applications.
  • Banking industry experience is strongly preferred.

Desired Skills, Competencies, and Coursework:

  • Prior work experience, especially in the Banking or Accounting industries, including full-time, part-time, and/or internship experience.
  • Current CPA license or candidate actively pursuing a CPA license.
  • Finance-related course work, including commercial bank management, interest rates, derivatives, and/or other finance-related classes.
  • Information Systems coursework including databases, programming, and system design that would be useful in working with accounting department software.
  • Experience with the FIS Insight/IBS core banking system
  • Experience with Fiserv’s Prologue General Ledger

Physical Requirements:

  • Express or exchange ideas by means of the spoken word via email and verbally.
  • Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
  • Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
  • Not substantially exposed to adverse environmental conditions.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.

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