Accounting Analyst

Job Description

Description:

This job can be worked from any Choice Bank branch in the Fargo, ND or Minneapolis, MN markets.

Job Summary

The Accounting Analyst is responsible for processing, analyzing, assisting and/or leading in a variety of areas across the accounting department. The position will be a first line of defense to ensure that the company’s daily accounting functions run accurately and effectively while reflecting complete, accurate, and verifiable activity through various levels of tasks that include processing, data input, analyzing, and assisting. The Accounting Analyst may be involved in one or more of the functions or groups below. Each group is not all encompassing.

Responsibilities

Accounting Operations

Handle day-to-day accounting duties, which may include accounting for assigned business areas, such as benefits, loans, intangibles, revenue recognition, etc.

Make journal entries reflective of the business activities in a timely and accurate manner.

Assist in month-/quarter-/year-end close processes.

Trace & investigate transactions to resolve issues and take corrective action.

Data entry of expenditures for tracking and reconciliation purposes.

Review and manage daily bank activity including researching discrepancies and taking steps to make corrections.

Provide backup to other accounting processes while maintaining segregation of duties, as needed.

GL Reconciliations

Regular reconciliation of balance sheet and bank-controlled DDA accounts at the determined periods.

Monitor and address daily automated matching exceptions in reconciliation system.

Work with manager to optimize automated and non-automated matching routines.

True-up and adjust accruals, as needed, as well as actively work towards “total automation” goal for GL and bank-controlled DDA reconciliations.

Identify, gather, analyze, summarize, and escalate, as needed, reconciliation exceptions (including aged items) and works with appropriate parties to resolve them.

Insurance Support

Administer producer commissions, incentives, compensation, payroll and benefits.

Assist with insurance commission-related research, analysis projects and reporting needs.

FinTech Support

Partner with the Transaction Services and FinTech teams to ensure timely reconciliation and settlement of FinTech partner transaction activity.

Research and provide timely solutions to any transaction discrepancies impacting balance sheet or bank-controlled DDA accounts.

Collaborate with other departments (IT, Operations) in ongoing development and enhancement of FinTech processes.

Develop relationships with FinTech cohorts, as needed.

Controls

Contains knowledge of basic controls concepts.

Displays ownership of assigned controls by executing and/or documenting those controls in the determined timeframe(s).

Assist in development of internal control documentation including policies, procedures and other process support literature.

Projects, Reporting and Analysis

Develop ad-hoc reports on an as-needed basis.

Work with Finance/Accounting team members on ongoing report development and enhancements.

May act as project team member for various bank initiatives.

Research and analyze business problems and suggest ideas.

Assist in the implementation and ongoing monitoring, as needed, of new/updated regulatory standards.

Other General & Administrative

Assist in gathering information requested during internal and external audits.

Develops knowledge of bank, wealth, insurance, and fintech products and services.

Attend various meetings relating to and/or impacting Finance/Accounting.

Complies with policies and procedures.Requirements:

Qualifications

Bachelors degree in Accounting or related field, or 4 years combination of education and/or experience in financial/bank operations.

1-3 years of related experience required.

Culture Alignment

Choice is #PeopleFirst, banking second.

People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.

Embrace change and encourage innovation.

Know when to ask for help and know when to offer help.

Better the places we live.

Work hard. Do the right thing. Have a little fun.

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.

Disclosure

This job description is intended to describe the general content of, and requirements for, the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a significant risk to the health and safety of themselves or other employees.

All employment at Choice Financial Group is “at will” employment. This position description does not create an employment contract, implied or otherwise.

Full-time